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.

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Baytex Energy Corp > This is a complaint board Now

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Comment by Nothingmatterson Jan 25, 2023 10:57pm

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Post# 35246927

RE:RE:This is a complaint board Now

riski wrote: Just one guy complaining. I get it, the share price has been rock stable for a long time now. The big swings that used to be the norm that traders love aren't happening.

They will have to go somewhere else for excitement.

I'm not here for volatility. I'm here to make money.

Tradestay wrote: Post 2020 I would not have invested in BTE. Bought late 2021 early 2021 when the value was good and expected a rebound in oil. The company had paid down debt by over a billion dollars and making cash flow of $450M expected at $76 WTI 2022. $80 oil will put them to debt target at $800M by May/June 2023.

I have some at low and high 8, not at the top but I did bought lots below $1. When it came back below $7 I acquired back.

When I originally invested, the company has outperform and continues to with FCF and continuous buyback, now we have to wait for the 2nd leg. If you invested only a few months and crying today, then you did not invest you are just trading. However the fundamental in what you invested is only improving everyday oil is above $76.

Take a break from your screen, in 2020,2021 everyone was posting doom and gloom. The patient one made 400% in so many names. Companies are similar to indivudyals, they don't change overnight with paycheck or revenue it takes times.