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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 ManitobaCanuckon Mar 02, 2024 11:36am
165 Views
Post# 35911131

RE:RE:RE:RE:RE:RE:Volume

RE:RE:RE:RE:RE:RE:Volume
dandu1924 wrote: the big problem in the oil stock, you never know  what will happen in fews days, weeks and months, this oil sector is very risky, if you bought at  low price like in 2020 and today you still holding, the risk is not so high  but this is an another game if you bought that  in 2022, 2023 and 2024.  There is so much untrustable people in this oil sector, you can be lucky make some money or unlucky  and  loose your money, so you are always on the nerves. I am long since 2014  and my average cost is low and  I am watching  the market reaction and get ready to dump if necessary  in case of mess.  Brief the future will determine  my move or not. Good luck.

My average cost is under $1 and the current divvy pays me approx 9 % yield on my purchase price .
Divvy is well protected till $47 WTI. So I am gonna enjoy the ride up . Even at projected $70 oil these guys will atleast be a double in 2026 .

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