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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 kegmanon Jul 11, 2024 10:38am
305 Views
Post# 36128250

AS we get closer to quarterly report

AS we get closer to quarterly reportShorts will be covering and BTE will get rerated by many analysts after the report.  Eric gets to pound his chest again.  Daytraders will still play but I am betting the swings down will be shorter and rebound even faster.  I will not be doing that again for a while.  Been profitable after the latest big dip and climb up but weather is too nice to sit by puter.  THis rain will pass and the week ahead is sunny and hot.  Hopefully BTE is just as hot.  I will sell half at $5.48.  Rest is a hold.  Cannot find a better play right now in this sector.  GLTA
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