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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
Comment by Slinger14on Jul 09, 2016 5:35pm
126 Views
Post# 25038490

RE:RE:RE:REASONS FOR THE SLOW INVENTORY DECREASES

RE:RE:RE:REASONS FOR THE SLOW INVENTORY DECREASESI guess those guys consider every investor dumb elevator riders.  I wonder what they call Warren Buffett?  Lol.  Like you said, some of us have actual jobs and don't sit at home all day watching BNN trying to time a swing just right or order to flip a stock for a few pennies.  Very few listen to those losers on here anymore.  Just look at the number of ignores they've amassed!  I will make the odd trade on a large swing that is actually based on something and not, for example, selling at the open because it usually drops sort of thing.  That is based on nothing but a hunch and is a recipe for disaster.  Oil is just too oversold at $45 and the fundamentals are improving consistently week after week.  I certainly won't be caught out of a trade and miss a run up or a buyout.  Those things happen suddenly.  I ain't going to speculate on weekly inventory numbers or rig count or any of that.  I look at that data over a period of time and determine a trend and invest based on that.  Those beginners will be the losers in the end and the investors will be the winners.  As for the shorts.....I have no words.  You have to be brain bead to short oil right now.  Good luck BuyCanadian.  We will be handsomely rewarded for our patience!
Bullboard Posts