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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 > Nice price action
View:
Post by Cobalt on Aug 05, 2022 9:43am

Nice price action

Oil down , energy index up , always a fan when stocks go up on "bad news" can be a bottom call we shall see.
Comment by BayStreetWolfTO on Aug 05, 2022 9:45am
In my mind when we started hearing $380 calls for oil you knew the bulls were generating too much noise. I think the last couple days the bears have been generating too much noise... Somewhere we find equilibrium.
Comment by BayStreetWolfTO on Aug 05, 2022 9:48am
When the media world, bullboards, twitter feeds need to be filled to push a narrative hard....you get the sense all the works means something is wrong. If things are going in that direction you shouldn't have to push that hard to try and "make" it come true. But we will see where things land. Could be up or down from $88 oil
Comment by TheWokeLemming on Aug 05, 2022 10:01am
Another rotation back out of tech?  Seems the best cure for oil shares is increasing interest rates.  My opinion only.    
Comment by Cobalt on Aug 05, 2022 10:05am
Well i added to the sector if you have conviction cant let that price action and major sell off go by , cheers
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