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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Unlucky13
View:
Post by Traderx11 on Mar 03, 2021 9:14pm

Unlucky13

So you are holding BTE?? Need it to go to $5, which it will by summer but you keep bashing.  You just hate yourself that much? So upset about buying bte?
pathetic. 

Bte is having a great 2021 and with oil around $60, cash cow! Once they pay off more debt, which first payment isn't even due until 2024, they can talk about a dividend or buying back shares. 

unlucky either get back on board, which makes sense that you do if you truly hold shares of just put the gun in your mouth.

Comment by Unlucky13 on Mar 03, 2021 9:40pm
You obviously didn't buy at $50, opec can go either way and it's a faux rally until oil is sustained at these prices.  By Monday bte could be back at 99 cents.  The option is to sell now and buy back under a dollar and profit that way.  I could have done that 20 times with this stock over 5 years.  I need at least $5 but selling here and buying back under a dollar saves ...more  
Comment by trendytrader on Mar 03, 2021 10:43pm
You are the one that is clueless the note due in 2024 is $400 million and not $500 million, as long as they bring down what is owed to their credit line then they will have no problem getting the $400 million to repay the note. They should bring in $200 million or more per year over the next 3 years to easily borrow to cover the note. It's not in their lenders best interest to allow them to go ...more  
Comment by Traderx11 on Mar 03, 2021 11:03pm
Great points. unlucky is such a fool, he knows nothing.  Not only will they renegotiate in 2024 if they have to, as they have been. No annual review of the debt required, meaning bte literally has to provide no updates until 2024. No chance of any surprises. 
Comment by Stockhudson on Mar 04, 2021 10:30am
if he s such a fool the why bother with him then 
Comment by Traderx11 on Mar 03, 2021 11:01pm
Oh no.  I have been trading BTE for almost 4 years now. I am well versed in the company.   I really question you more and more. In 2019, while oil prices were hovering around $55, BTE was recovering and a dividend and buying back shares were a serious discussion.  Also, with Opec what did you think?  Production cuts forever ? As covid eases, demand will balance supply and ...more  
Comment by Oil2018 on Mar 03, 2021 9:44pm
Well said. Idiotic behavior. How does stockhouse allow his posts....trying to beat down share price lol and pretend he's a major share holder
Comment by Unlucky13 on Mar 03, 2021 9:46pm
I never said I was an insider but I do have many shares but was wiped out on margin and have shares from $50. I can't believe how ignorant people are of opec and what they have the power to do to the oil price.
Comment by TrendSwapper on Mar 03, 2021 11:16pm
You're right about their power. And it's because of them we have 60+ oil. Do you honestly think they have come this far to slaughter the price? Are you aware that Saudia Arabia has been increasing stake in Canadian oil companies? It's all chess, and you're a crummy pawn buddy.
Comment by Reidman on Mar 03, 2021 10:13pm
Yeah, he's so depressing, that I want to put the gun in my mouth... But I won't, cause I own BTE and NVA and POU. GLTA Longs...
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