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

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > Racing around to come up behind themselves...

View:

Post by smallcaptdr on Apr 05, 2023 11:30am

Racing around to come up behind themselves...

Today is not commodity-friendly... In Oil the highs and lows are heading lower and this is after posting a -3.7Mil barrel draw the one saving grace made no difference so Oil could easily head towards $78 through the week with US Data until Oil breaks the trend use caution and remember $80 Oil isn't carved in stone with cuts not taking effect till May.

261

Comment

Comment by Greenday on Apr 05, 2023 12:34pm

@ smallcaptdr - So who gets to decide if today is commodity friendly? The supply/demand fundamentals don't change one way or another that much over night.

Comment

Baytex Energy Corp