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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 masfortunaon Aug 18, 2023 7:55am
93 Views
Post# 35594406

RE:Ok I wiil say it

RE:Ok I wiil say it
masfortuna wrote: Nobody seems to see the elephant in the room  eh??? Commodities trade on macro events . Meaning regardless of what the charts say IF you go with charts, they are a distant second when it comes to news and numbers. In the case of oil, If china releases great news tomorrow,regardless of what the charts say, oil will go up.  And vice versa ofc.


Case in point:  Today's headline that oilprice is highlighting in their red banner is....


China’s Oil Reserves Could Undermine OPEC+ Efforts To Tighten The Market

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