Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 smallcaptdron Apr 05, 2023 9:48pm
300 Views
Post# 35382310

5 months of Oil fighting $82 resistance..

5 months of Oil fighting $82 resistance..Oil has continued staying in its trading band since it started Dec 5th making this Oils 5th attempt at breaking through $82+ resistance failing so far, and we know how it went the last time Oil tested support at $73 after its 4th attempt Oil punched through hitting $64 and what I'm seeing in the market is some eyeopening to what's really happening in a world of uncertainty and you only have to look at Gold prices $2020 today. Friday 8:30am US releases Unemployment, Non-Farm Payrolls, and right now it has been adding to the bearishness its really going to take something bullish to pump life back into Oil as it stands tonight. We all know how the market looks at $80 on a phycological level so if this week pushes it below staying Apr bullish start could be tamed with the FED staying on course to continue in Rate Hikes. When I saw the Overseas 4:30am selloff on a day US Data is out spelled trouble so we'll know in the morning overseas verdict if the bull still has steam. 
<< Previous
Bullboard Posts
Next >>