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Bullboard - Stock Discussion Forum Baytex Energy Corp BTE


Primary Symbol: T.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 > Oil stocks vs gold stocks
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Post by 1234bmth on May 03, 2023 6:58pm

Oil stocks vs gold stocks

So far in the last past few days my gold stocks have covered 1/2 of my oil stocks loss, but my exposure on oil stocks mainly BTE and SU is more than double of my gold stocks, let's see what will happen from here. It looks like gold is in a win win situation, in both case banks problems and rate decrease gold may go higher, I have no clue what will happen to oil anymore.
Comment by 1234bmth on May 03, 2023 7:00pm
I am not selling my oil stocks as long as gold stocks are going up.
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