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 > New High, Over the 200DMA

<< Previous

Bullboard Posts

Next >>

Comment by masfortunaon Aug 09, 2023 9:51am

149 Views

Post# 35579285

RE:RE:New High, Over the 200DMA

Snowy this will follow the oil price up. When the oil price takes a breather, so will BTE. As an fyi I too see this as overbought on a 1 month timeframe BUT it it did drop from $9.30 high and followed oil all the way down into oversold territory.

<< Previous

Bullboard Posts

Next >>

Three micro-cap value stocks trading at peak pessimism