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.

TSX:BTE - Post by User

Baytex Energy Corp > BTE strength .......

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Comment by HighOctane89on Nov 18, 2022 11:25am

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Post# 35110523

RE:RE:RE:BTE strength .......

Just watching the overall picture , the algo's don't seem to be driving the bus down , just letting the asks be absorbed . I might be wrong but I think the negativity is done for the immediate future .

Snowballer wrote: Give it time. Profit takers will show up who got the bottom today... already oversold on shorter time intervals. For now I'm holding. More of a swing trader than a day trader. But I like the jump off the 200MA on the 4 hour chart. think look good. I think I'll make good $$ on this trade provided we don't dump.

HighOctane89 wrote: No sellers to be found , looks like we close above $7 . This market is crazy , oil up means O&G stocks are down and when oil is down , stocks are up .