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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Comment by Nothingmatterson Mar 31, 2022 6:51pm
155 Views
Post# 34564982

RE:RE:RE:RE:RE:Sold everything

RE:RE:RE:RE:RE:Sold everythingSparrow, i believe the oil will keep falling till it finds support around $86-88 mark, then upwards again... oil stocks will continue falling till they find support and start rising around april 15, due to the reporting season....i can be wrong.. glta jmho
IndianSparrow wrote:
Nothingmatters wrote: I will get shares under 5... thanks for buying.....lol
jdmecomber wrote: Thanks for the shares 




Gutsy move on your part nothing matters. Considering that the 6 month, 1 year and 3 year support levels are still intact on the trendline and volume reducing on down days, today was a day to start buying or adding more. Couple that with fundamental news for the company coming soon which everyone by now knows is going to be stellar. Tomorrow is beginning of a new quarter and also the last trading day of the week. New long positions most likely will be initiated at these levels and that means a very high probability of this opening higher tomorrow and closing higher. As I am typing this, crude oil has already climbed up by more than a dollar as we start trading into the new month. GLTA.


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