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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

Comment by Unlucky13on Jun 21, 2021 4:49pm
190 Views
Post# 33422030

RE:Hmmm...lemme guess...

RE:Hmmm...lemme guess...I made $500000 when it ran from $3 to $9 in a few months in 2016 but within 6 months it was back under $3.  I could have exited with a $60000 profit but got greedy and held on.  This time I won't sell until $5 but won't get greedy and will accept a minimal gain for the benefit of finally getting out of the stock.   Like I said before, is this drops back below $2 it won't be worth it in the end.  Still sense $2 before $5 but we will see.  Nothing is guaranteed and if oil goes back to the low $60 range we will be punished just as quickly as the is has gone up.
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