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 > Massive Head & Shoulders Forming Since April 29

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Comment by TheWokeLemmingon Aug 03, 2022 11:07am

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Post# 34868103

RE:RE:RE:Massive Head & Shoulders Forming Since April 29

Ive gone 50% cash today Thankfully my CJ is holding strong. What a flip from market open! Good luck to all.

BayStreetWolfTO wrote: As I said lots of noise today. Maybe some betting the import/exports can be sustained.

Taking advantage to add today imo

Alphaseeker1973 wrote: I am seeing the same indicators. OIl and oil equities (including BTE) are going to get smashed to bits in the next few weeks. Financial markets are dominating this to the downside and it does not matter what the fundamentals of supply side limitations are indicating. I am long but think we revisit the mid too high 4s in next 2 months. NA oil companies shoudl announce a 10 day halt of production and punsih the market manipulators (Hedge funds & Wall Street).