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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

Post by Unlucky13on Nov 09, 2020 8:50pm
203 Views
Post# 31868005

Calm down

Calm down

The vaccine is why all stocks went up today.  You should be cautiously optimistic, as 90 percent in the trial developed immunity.  It will still be a 12 month rollout.  The theory being if Corona is over than you can get the planes, trains and automobiles moving again.  For us who bought north of $10 today is depressing as this means with dilution we might see a double to a buck but I need a 20 bagger to double digits and that is unrealistic.  


I say cautious as the EU just put massive tariffs on American goods and oil is down overnight,  no guarantees BTE goes up in the morning.

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