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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 > Dead Cat Bounce😼
View:
Post by Duster340 on Jun 26, 2023 10:15am

Dead Cat Bounce😼

oil plays are manipulated higher across the board, while the price of oil remaines flat. this usually means another leg down.
Comment by masfortuna on Jun 26, 2023 10:31am
Nope...It ok to be wrong 50% of the time I guess.
Comment by Duster340 on Jun 26, 2023 10:45am
oil plays are up on fake opec news. they report oil consumption to increase over the next 20 years to 110M barrels per day, totaly the opposite of the eia report a few weeks ago where they said oil consumption is in decline. also the report today from saudi aramco trying to talk prices up. this is what the saudis do when they are worried about the price of oil, it is always good for a temporary ...more  
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