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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 > Baytex upside!!!!!!
View:
Post by Suzy2cool on Jun 05, 2021 8:04pm

Baytex upside!!!!!!

Baytex just discovered oil, in a discovery that may be worth 15-50% of its current market cap and has not yet been press released. There is upside to $10-15 per share, from recent levels of $1.30-1.40. All numbers in Canadian dollars.
Comment by Sexp1stol on Jun 05, 2021 9:26pm
Imagen where we will be in the next few years as the world is rushing to move towards clean energy but the world's economies are hungry for oil and gas. Oil production will plummet and demand will only grow, oil will be 100$+ and we will be back into the 50$ range
Comment by Bubba1 on Jun 05, 2021 11:06pm
Rosneft Warns of Severe Oil Shortage Amid Hasty Energy Shift https://ca.finance.yahoo.com/news/rosneft-warns-severe-oil-shortage-115629190.html
Comment by red2000 on Jun 06, 2021 7:57am
Hi Suzy ! Are you able to post more details about your calculation !? I am wondering if CEO, Mr. Lafehr may talk more about it this week... Edward LaFehr, President and CEO, will be presenting at the RBC Capital Markets 2021 Global Energy, Power & Infrastructure Virtual Conference on Tuesday June 8, 2021 at 1:20 pm EDT. Hope to read your next post shortly. Regards
Comment by van60 on Jun 06, 2021 8:22am
All Suzie did was copy and paste. Doubt she has any original insightful thoughts pertaining to the future of Batex. Nonetheless, Tuesday's conference hopefully will offer further insight to what's going on at Batex.
Comment by Suzy2cool on Jun 06, 2021 1:52pm
https://seekingalpha.com/article/4422362-baytex-major-discovery-ahead-of-press-release-major-oil-price-torque
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