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 > Oddly quiet on the ask front today

<< Previous

Bullboard Posts

Next >>

Comment by BayStreetWolfTOon Jun 16, 2022 3:59pm

121 Views

Post# 34762511

RE:RE:Oddly quiet on the ask front today

Yes just interesting data point...

I imagine lots of noise on the board...and people discounting it.

IndianSparrow wrote: This is actually a good thing in terms of technicals. This is showing exhaustion on the ask side which signals that a majority of retail has sold. It does not mean that price should shoot up right away. But it will be hard for retail to buy back the volume they sold at these prices. Also, MMs can now quickly move sp higher which in case of BTE is overdue.

BayStreetWolfTO wrote: Lots of small retail order processed today...interesting still quiet going up.

Strange..normally there is way more activity going up....