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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 May 03, 2024 8:21pm
235 Views
Post# 36022773

Be thankful of what you wished for!

Be thankful of what you wished for!Recently BTE was on a one way path higher till the FED and oil inventories chopped at its knees so here you go a op to buying BTE at a discount. Oil won't be down for long as the technical suggest higher oil is on the horizon could happen as soon as Monday. Too many drivers that can push oil higher this was just a bad week but this is the only way that you have to buying BTE cheaper. The great thing about humans are we deal with the negative and days later move on to higher ground because in oil everyone wants to make money and sell to the highest bidder. Feel positive if you bought recently. Cheers!
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