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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 269,000 gross 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

Comment by Snowballeron Mar 07, 2021 11:27pm
171 Views
Post# 32740963

RE:RE:RE:Unsucky , Time for you to crawl back or fly away

RE:RE:RE:Unsucky , Time for you to crawl back or fly away I agree and you will be rewarded here. Covid put my business at risk a bit so only bought what I could at the lows. But it feels good to be green now and the potential in front of me is still very extraordinary. I’ll hold for $8 to $10 in my long account. 

ManitobaCanuck wrote: I know , i get this urge every  day to sell seeing the losses initially when i bought this at 3$ . Averaged to 70 cents ish with the COVID crash , remember those stressful days when I had the balls to take a 100k loan from my personal and 150 k from corporation LoC to buy Athabasca Oil and Baytex . Was extremely risky but I knew I could cover it with 6 months salary , as a doc if i worked overtime up north in Nunavut.
I keep repeating everyday when I get the urge to sell " Am here for millions , not hundreds or thousands  " But I might atleast sell to recover  my principal invested when this goes up to 5$ish . Rest could stay till 20$ . if POT stocks can to 100X in 2 years with zero profits then why cant a profit making company like athabasca oil go atleast 10X.

Snowballer wrote: The hardest part for you will be to hang on until $20 ;)  I don’t think I could do it if I had 250k shares. 


ManitobaCanuck wrote: With all the bulls on the market , Its time for you Unsucky to buzz n fly away or srawl back before you get trampled by the OIL BULLS  .

They shall be back with a vengeance to drive oil ablove 100$ . This is after 6 years of carnage and we will see 100$ again in the Oil market.
If Baytex hits enen half its  previous lifetime highs then , I am retiring .YOLO 
 

 




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