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 > Buyback and summers

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Comment by marketsenseon Jun 29, 2023 12:26pm

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Post# 35520682

RE:Buyback and summers

If only more investors would take your advice. This morning quick spike and then
clifflike drop must have shook a lot out of their positions. Despite knowing these
guys will now be supporting the market with buys, it had no effect upon the panic
dump. I don't know what to say except you can't change the nature of investors easily.
As soon as they see some weakness in crude, the herd instinct is to panic.

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