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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 riskion Jan 22, 2024 11:40am
279 Views
Post# 35839019

RE:CDN oil Funeral?

RE:CDN oil Funeral?Yes, most retail investors have left the building. Retail has been largely washed out including long term guys who had been here for some time. Friday was a throw in the towel kind of day.

But they will be back after a few big green days. The greed will overcome the fear and they will buy back the shares they sold to the institutions and pro traders for a song. This is how the pros make money and retailers usually lose money.

Realdude wrote: I am long a few canadian oil stocks but sentiment has reached funeral level gloom. Oil up but these stocks are lower-who is selling???


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