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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
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Post by smallcaptdron Apr 03, 2023 1:54pm
219 Views
Post# 35376678

Consolidation in Oil

Consolidation in OilConsolidation is the word of the day as Oil prices along with SP all need to consolidate to the recent jump building a higher base and that's why Oil has been trading comfortably between $79 - $81 but after today Oil is set to reap further gains. SP also needs to consolidate, but you can bet that if Oil stays on course and trades higher tomorrow, SP will enjoy the new level of activity that is if everything stays status quo. Oil is showing solid support. Looks great for Oil Plays.
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