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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

Comment by Snowballeron Aug 18, 2023 1:25am
149 Views
Post# 35594297

RE:Ok I wiil say it

RE:Ok I wiil say itWouldn't be surprised if both directions happen.. meaning a sudden capitulation drop only to recover quickly. I'm actually hoping for that scenario as it will possibly hit key support of the 200DMA (or exceed it briefly forming a long tail) and giving oil traders oversold entry to build up buys on to resume the longer term rally. Could get lucky and see those lower BTE $5's at the same time. 
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