Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

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Post by Snowballeron May 13, 2022 10:43pm

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Post# 34683511

You know what's interesting

All the big Canadian banks are below their 200MDA (Inlcuding Tech, and the big indexes). But all Canadian oil stocks well above their 200MDA.

That is very very very positive. Doesn't mean we won't see weakness here and there, but from today's standpoint Energy is the place to be. Anything below the 200 is bear territory.

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Advancing flagship Ishkõday Gold Project in Ontario