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Stock impact report

Why Baytex Energy Corp.'s Stock Is Soaring Today [The Motley Fool]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: The Motley Fool
The Canadian oil producer is benefitting from bullish news in the oil market. Matthew DiLallo ( TMFmd19 ) Sep 24, 2018 at 3:43PM What happened Shares of Baytex Energy Corp.  ( NYSE:BTE ) took off on Monday, rallying more than 10% by 3:30 p.m. EDT. Fueling the Canadian oil producer's rally was a big uptick in crude prices. So what The global oil benchmark, Brent, rose more than 3% on Monday, closing above $81 a barrel -- its highest level in four years -- while the U.S. benchmark, West Texas Intermediate (WTI), increased nearly 2% and closed above $72 per barrel. Fueling the rise in oil prices was news that an OPEC-led coalition of oil-producing nations would not increase their production any further despite calls from President Trump to boost their output and push down crude prices. In OPEC's view, the current oil market has a healthy balance bet Show less Read more
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