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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Bad US market for past 2 weeks
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Post by 1234bmth on Jun 18, 2021 5:17pm

Bad US market for past 2 weeks

It was a very bad negative US market for the past 2 weeks, specially this week, yet oil held strong and BTE's today's performance was very strong. Dow Jones cannot go down every day, all we need is a good market week to push the price close to $3 and if oil holds $70 plus by Q2 earnings report, $3.5 to $ 4 is very possible by September, Just hope that oil doesn't drop.
 

all my opinion

Comment by dandu1924 on Jun 18, 2021 6:41pm
at 16.03  Friday, Anonymous to anonymous 978,000 shares crossed, what is means.  Short moving to the other side?
Comment by dandu1924 on Jun 18, 2021 6:43pm
Sorry, 958,781 shares crossed with Anonymous.
Comment by OilManiac on Jun 18, 2021 7:19pm
Market makers getting in position. Could start making big moves if it gets over $2.50 not alot of resistance up to $7.00 but hard to say, need a few months earnings to make people ignore the hedges