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

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Post by smallcaptdron Jan 20, 2023 6:01pm

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Post# 35236688

CPG moves to #1

CPG has been enjoying solid volume surpassing BTE and ATH I guess there's a reason for it with CPG solid financials and market presence for an upcoming senior large cap and with all 3 Oil plays being great in their own way to make money I feel that they all now have built a base trading sideways for a couple of days are now setup to see real gains if Oil is higher again Monday the flood walls will see volume and SP moving up solidly with confidence as everyone wants in at week start that is if Oil is over $82. Anything can change but today has proven that Oil will remain bullish until something says otherwise and horrible data was just a bump on the way higher as Oil prices keep consolidating like stocks heading higher the right way. All 3 stocks traded at fair market value today but risk appetite will push SP higher if Oil is over $82. Oil is looking bullish.

Technical Analysis of CFDs on Crude Oil (WTI) (FX:USOIL) — TradingView

CPG