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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Post by Snowballeron Mar 30, 2023 2:05am
629 Views
Post# 35368451

It’s alive lol

It’s alive lol

On holidays thought I'd check in. BTE stayed above its $4.18 low and MACD's crossed suspect another push up but wouldn't get too excited. Could test the $5.75 zone before a healthy pullback. 


I know it's been painful for the longs so GL and maybe pre-recession BTE gets a nice summer run. I am curious about the nature of systemic risk in the market and will be tuned in come May and June. Could be a recking ball of a time for everyone and everything. 

Been enjoying some time away. Cheers

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