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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 energconsultanton Aug 02, 2017 2:20pm
88 Views
Post# 26539354

RE:RE:techtrading... you are so silly...LOL

RE:RE:techtrading... you are so silly...LOL"executing in a conservative manner"  when they are saddled with a massive debt... I guess you think it was a conservative manner to go out and pay a HUGE price at the top of the market for their Eagle Ford properties?  conservative?  look it up... you got no clue what you are talkin about... you are a wanna be oil player with no clue about the oil bizz where I spent decades in and investing in.... and I have only exposure to one oil play.... after I made a 50 bagger on NWX... a tiny royalty play in Australia... I moved on to TAO... a tiny oil company in New Zealand with a nice bit of cash... ZERO debt and a sweet exploration program for the next 2 years...  they hit on the first of a near term 5 well program... the second is down and we await news of that one.... it could be a new field!  it could be D&A... but a duster should not be too harmful but a new field find would mean upside!  I like this play, a lot... small with mega upside, little downside... and zero risk of bankruptcy with zero debt... ZERO!!!!

yep I got out of Canada 5 years ago.... it is in trouble ( the oil patch).... BTE is in trouble... I suggest a slight possiblity of bankruptcy... about a 10% chance right now.... but a possibility that might get worse if oil stays below $55.... yep BTE is not worth owing... little upside.... big downside... and possible bankruptcy.... this waas a $50 stock right?  LOL./..  generally I would not want  to own a stock that goes from $50 to $3....LOL  seems like a stupid stock to own.... and you pump it...LOL... puming a terrible performer and agruing it is a good play is pretty stupid and shows enormous amount of stupidity...LOL
Bullboard Posts