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 > Public Service Announcement - Get Ready For A Pounding

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Post by Snowballeron Mar 24, 2023 10:29am

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Post# 35358496

Public Service Announcement - Get Ready For A Pounding

Stock testing low's of the current range, again. This is after it tried to break upper resistance and got rejected.

$4.18 MUST HOLD. If not, that will be a capitulation signal imo. So we either double bottom and hopefully oil lifts higher or oil dumps next week and BTE hits the $3's.

Daily and the 4h on the oil chart shows a roll over to me... Bearish :/

We shall see.

GL everyone. Have a nice weekend.

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