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 > WTI needs to hold above the 200DMA and this support level

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Comment by Cobalton Jul 14, 2022 6:48pm

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Post# 34825545

RE:RE:WTI needs to hold above the 200DMA and this support level

I'm showing like $93.40 ish but so many oils out there , WCP is nasty till you go to the weekly then it is showing a reversal candle siting right on the 50ma

Snowballer wrote: Correction: $104.79

Snowballer wrote: which was historically upheld March 15, April 6 & 10, May 24 and July 13. If it breaks all bets are off... WCP (while it remains below the 200DMA) also bounced on a key support level and printed a bullish hammer today.

So its nice to be at these key support levels b/c the next few sessions should tell us which direction we're headed. WTI would need to hit passed $103.49 for a strong first sign of trend reversal I think