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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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Post by BullishBaytixon Apr 15, 2016 7:50pm
172 Views
Post# 24773841

I added today

I added today33,000 shares at $5.46 and $5.47. I now have personally 100,000 shares from Feb, 10,000 shares from last March, and 33,000 shares from today... Im all in, 144,000 shares and thats all I can afford.

I might have left some cash on the table in case Sunday is bad news, but I dont think its going to matter in the long run and obvioulsy there are lots of others that think the same way as the shares recovered nicely today and closed down only a penny. I fully expect to sell all my holdings for over $10/share this year. And if I hold until mid 2017 and havent sold all or part of my position, $20/share is very likely. 
Bullboard Posts