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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.


TSX:BTE - Post by User

Baytex Energy Corp > Thinking about selling my Baytex shares & moving on
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Post by NikoDoughskion Jun 17, 2024 2:41am
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Post# 36091565

Thinking about selling my Baytex shares & moving on

Thinking about selling my Baytex shares & moving on

Don't like what I am seeing.

Share count up

Debt up

I bought it for the Clearwater expansion and got handed the Eagleford instead

Biggest insiders rushed to sell (Juniper)

Stock worst in space despite highly touting from banks/Nuttall (red flag)

Handing out free hats and garb onTwitter (see Burnsco, the promoter on X)

Board never buys stock

Also Nugget Capital put a $3 price target on it if oil falls to $75
 

Folks, I don't like what I am seeing here and I may take the L and move on.

Thoughts?

Sincerely,

Niko Doughski

CEO , Doughski Enterprises

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