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 Mar 08, 2023 10:53am

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Post# 35325804

EIA Crude and Gasoline Oil Stock

Even a draw on Crude wasn't enough to turn Oil green keeping Oil's downtrend intact and hoovering below $77 but the day is young. Earlier US Exports / Imports readings were higher showing a resilient economy unfortunately these bullish readings will be hampered by the FED increasing Intrest Rates so this is not great having strong readings even though SP is higher showing me that investors don't believe that Oil could be on its way to $73 so I'm more than happy selling shares in the green. Like always, I'll post "told ya"

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