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.

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Baytex Energy Corp > Second Recession Fear Within A Month

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Comment by BayStreetWolfTOon Jul 05, 2022 2:24pm

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Post# 34802699

RE:RE:Second Recession Fear Within A Month

Right now in my opinion this isn't longs selling...it's mostly shorts being added.

Shorts selling to those like RBC and Warren who believe in the long-term supply/demand thesis.

The only challenge for the short position is like we have seen for the last two years...it can snap back hard