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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

Post by Snowballeron Jul 06, 2022 9:56am
179 Views
Post# 34804663

WCP Trading Below The 200DMA

WCP Trading Below The 200DMAUnortunately the shorts on this board called it.  Citi and others will get their way here... markets are influenced and in this case to the downside.

Some other analysts I follow show a technical move in oil down to the $80's... regardless of fundamentals I too think the stocks will sell off but who knows to what degree.

Just so crazy for BTE to hit $9 only to go back to $4?  Should be a great entry at some point... next 4 months could be real weird in terms of global economics and geopolitics. 


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