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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 coolfooldumbguyon Sep 04, 2024 5:27pm
284 Views
Post# 36208816

Using technical analysis for this one.

Using technical analysis for this one.The key support level for this stock is the $4 per share spot, otherwise it will be setting a new low price for the year,and it will stay there in the short term,but it should climb out of that area later.So what does that oil analyst,Eric Nuttal,say to you guys,who are holding it ? Good luck to all of you guys.
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