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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Baytex Energy Corp > Oil finally rallies!

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Post by smallcaptdr on Oct 26, 2022 10:47am

Oil finally rallies!

Overseas for the first time since last week bid Oil higher and the US traders add driving Oil up $2.50 to $87+ so this is one time when I was wrong that the best scenario happens. Just goes to show that you can have Oil surplus and Oil rallies higher on that news which makes little sense but I'm good with it. They'll probably sell into it now with Oil higher unloading of all the cheaper Oil bought.

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