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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 > Buy on rumor sell on news
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Comment by Snowballeron Nov 21, 2022 6:07pm
124 Views
Post# 35117010

RE:Buy on rumor sell on news

RE:Buy on rumor sell on news

will be interesting to see how market prices in the OPEC meeting 2 weeks away. See how overnight markets respond to today's media bullshiiit cuckup


smallcaptdr wrote: Now Saudi denies the rumor that OPEC was talking about a production increase. 2 weeks ago it was China lifting restrictions that were rumored and Oil rallied before rumors were denied so it goes to show that Oil is sitting on a keg of powder waiting for another driver for Oil to shows up. What have OPEC cuts done so far? nothing, regardless of the circumstances traders are in control so you have to think like traders but you have to be a step ahead of them to prosper. Hopefully, this sell-off is becoming exhausted and rebounds back up to $83 at least before the other shoe drops.


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