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

Bullboard Posts

Post by sammydlon May 17, 2018 3:04pm

341 Views

Post# 28047894

Massive share price gain coming.

Very undervalued play, shot up same time last year from 0.17 to 0.29, Q1 results in next week will be even bigger then last's year's results.

bmoe80 wrote:
Stock up, average down. Good buy in price right now. Meeting is next Thursday and Q1 results will be announced by then or on that day. From what I gather, it should be one of the best quarters, we should also be seeing some more positive numbers/contracts coming through. Last year this time stock ran up to 0.29 on the revenue growth results, hopefully we see it testing this January's highs of 0.21 and better.

Market hasn't taken into account it's growing revenue stream over the past year, or einsteinium/cryptocurrency pontential, or potential for "Voxtel in the political arena its planned launch in crypto contributions in the Fall of 2018.

Definitely very undervalued at current stock price, especially compared to similiar stocks like MOS which had 2017 revenues of less then $3 milliion compared to ATW's $12 million, but trades at a much higher market cap of $25 million. This stock should be trading well about the 0.30/0.40's.