Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > Happy trading this is hopeless

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Post by smallcaptdr on Oct 14, 2022 2:38pm

Happy trading this is hopeless

Oil is down $3.80 so whatever shares you buy won't be heading higher today making it tough to trade I`m packing it in and starting fresh Monday. The way Oil is selling off I`m starting to think that Monday could see more selling because of the downgrading of Oil demand outlook but maybe the traders could turn bullish over the weekend its 50/50 and if it does sell off breaking below $85 could send a real negative outlook for Oil.

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Comment by woodsmen on Oct 14, 2022 2:49pm

What a desperate Old Man you are!! Pathetic really!!

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Comment by Cobalt on Oct 14, 2022 2:52pm

$84 puts us back in the down chanel

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Comment by marketsense on Oct 14, 2022 4:22pm

And that is exactly what Biden and the Fed would like you to think. Its hopeless so sell your oil & gas stocks because there will be way less demand. That narrative has been programmed into the market for months now. Biden probably had to do another SPR release to keep a lid on demand and squash the price. Its all about optics and very little substance. They can ...more

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Baytex Energy Corp