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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 smallcaptdron Jul 29, 2022 3:45pm
289 Views
Post# 34861022

I've been in and out of BTE for months

I've been in and out of BTE for monthsUnlike some of you, I buy in 100,000's and loaded up to the max on the 25th with BTE, ATH, TVE, and K.  And if you don't like facts about what's happening in the Energy sector then how can you consciously invest? What happened to $100 Oil? Traders do not want to buy $100+ Oil because they know that energy commodities will lose value as we head towards the Fall. Plus in July we have seen 4 pumps and dumping of Oil, traders load up with $95-$97 Oil then run it up and dump it! And if BTE had $100 yesterday we would have closed over $7 and now BTE will trade in parallel to Oil. JMHO
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