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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 Trendmaker1on Sep 17, 2022 12:25pm
281 Views
Post# 34968988

Seen a few companies doing large block trades

Seen a few companies doing large block tradesThere's a handful of companies Friday doing large block trades at the close and BTE ranked 1st in volume, its that time of year to balance your books so firms are selling large holdings that were bought near 52-week highs and they are selling them as a loss against their other gains and BTE was one of them, having a firm picking up a large position in BTE is very very promising at today's prices and a firm with a purchase like this will add support so that it doesn't drop too low they'll come in and buy
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