Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

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Comment by Slinger14on Nov 02, 2016 4:48pm

84 Views

Post# 25417984

RE:As Usual

Ingiboy wrote: As usual on oil down days, Baytex pays the price.
Reasonably good Q3 numbers were completely ignored. Down 5.4%......again the most of any mid- tear CDN oil company.
Bad timing to announce Q3 numbers. Oh well, let's hope $45.00 is a support level for WTI.

Bad timing?? You think they knew what would happen on the very day they released earnings when they set the date way back. Lol. Of course BTE was down big on a bad oil day. It's one of the highest oil-levered stocks on the exchange. People who invest in it know that and have knowingly taken on the increased volatility. BTE is widely chosen as a way to play the recovery because of its leverage to the price of oil. You don't seem to know what you're talking about. Do you even own any BTE stock? It sounds like you don't. If that's the case, why are you even here? Just to bash?

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