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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 bagoon Jul 21, 2017 9:16am
65 Views
Post# 26494236

RE:RE:RE:Buyers Will Be Showing Up If Oil Has Bottomed...

RE:RE:RE:Buyers Will Be Showing Up If Oil Has Bottomed... It's ok not here to pump or bash but try to call it as I see it and you have to make adjustments to your views as time goes on and the change in fundamentals dictate. I am bullish on oil longer term and must admit expected a better performance sooner than how it's been going. The market gives you a price on what it thinks the stock is worth daily and you can jump up and down or scream and yell but it is what it is. BTE is worth 3 and change so trade it, hold it , short it it's all a risk. Things change by the minute and earlier in the week I was bullish but today not so much seeing some news out there that OPEC production is up and that the meeting will likely bring no material change. I think oil has bottomed for now but it could easily be lower for longer and if that's the case BTE will underperform.....mgba
Bullboard Posts