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 > Caution: Downtrending channel

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Comment by Nothingmatterson Jul 07, 2022 3:09pm

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Post# 34809239

RE:Caution: Downtrending channel

Downtrend for the next few months...

IndianSparrow wrote: BTE SP is in a downtrending channel. I wish I was able to post the chart here but you can draw the channel as it is very precise. Same goes for XEG. Today's bounce is still within the channel and can very well try the upper band at around 6.15ish. I will wait to see the price action over the next few sessions for a confirmation before initiating any new trade. GLTA.

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