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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 31, 2016 9:33am
94 Views
Post# 25099087

RE:RE:RE:RE:RE:RE:RE:RE:RE:$10!

RE:RE:RE:RE:RE:RE:RE:RE:RE:$10!
Gashole1 wrote:
1troffer wrote:
Slinger14 wrote:
number1hit wrote:
Bago, 100% agree as well.  The lack of experience by these "traders" is surprising. Everyone is hyper focussed on the short term missing the complete big picture. 

Thanks for the note this morning.  Made me look at Level2 and sold at open to rebuy now.  We might have the same action tomorrow?  Oil has been strong and that's the driver here.

I'm sure this will be a $15 by the end of the year.

Great time to be an oil investor!


People were laughing at such predictions just last month! After witnessing what can happen in a matter of days, $15 by year end isn't unrealistic. In fact, it may even be likely seeing that WTI could be $65 by then. Most on this board are traders and ignore trends anything longer than a week or even a day for some. Bottom line, fundamentals are improving and oil price is increasing. Therefore, SP of oil companies increase. It actually is that simple. BTE is such an easy call right now. Good luck.

 

I don worry about day to day movements but when we enter a cyclical downtrend and you dont have enough sense to get out then thats when you are officially in love with a stock. Oils going lower in the next month or 2 before it goes higher, I am out and waiting for $4 handle on BTE and then I can rebuy and ride it up to $10. 



Wow.  You guys really care about me.  Troffer digging up old posts and re-posting them when I have that loser on ignore the past 2 months.  This board discusses very little about the company.  It's just a place to come and insult each other.  I got out at $7.40.  I make larger trades, not penny flips.  If I notice a confirmed downtrend, I will use it to buy back at a later point to increase my share count.  Again, thanks for caring so much about me, especially when I have t even acknowledged troffer in a couple months.  Get a life.

Bullboard Posts