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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 topdown99on Jun 23, 2021 11:52am
83 Views
Post# 33434510

RE:Bought more on margin at $2.40

RE:Bought more on margin at $2.40Hey retard , please expand on how you bought on margin . You have blabbed on endlessly about being broke but now you "suggest" you bought more ??????
Unlucky13 wrote: Looks like today's slide will trigger a margin call.  I will be forced to sell some shares. Shouldn't haven't bought at $2.40, margin was freed up at that point but it sure looks like I am going to pay the price for loading up and going all in.  28 cents was the play, not $2.40.  Can't catch a break.  Very alarming that this stock continually gives back the first sign that oil is going down.  A big OPEC decision might wipe me out!

After the margin call I may need double digits to return back to even.  I spend a fortune and have carrying costs to get my average cost around $5, it will be devastating to need a higher cost to break even.


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