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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

Post by Tradinghandson Apr 02, 2024 4:14pm
330 Views
Post# 35966072

Looks like BTE has woken up the short sellers!

Looks like BTE has woken up the short sellers!When BTE tested support at $3 USD / $4 CAD that was the signal that BTE was going to head higher and in our favor oil prices started to climb so this was the perfect scenario for BTE but now the second leg is heading higher from these prices and all this time BTE is generating solid revenues with $85 oil and that amount can push any company up without looking back! Next earning will be payday for us!

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