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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 > $12 by summer
View:
Post by Nothingmatters on Feb 03, 2022 6:02pm

$12 by summer

Hold on. Charts are prdeicting that $7 by feb 24 anf $12 by may after April 28. Jmho glta
Comment by Beakr123 on Feb 03, 2022 6:16pm
Lol I'm a strong BTE supporter but come on.
Comment by Unlucky13 on Feb 03, 2022 6:36pm
That's why I am here, to put some perspective out there.  Time to be worried when people start counting their chickens before they hatch.  $70 oil is a $2 drop in the stock, keep that in mind.  $12 for the stock requires $200 oil in 2023.  Not happening.  February 24th and earnings will just be status quo, I think the stock goes down on the uneventful news.
Comment by virgintrader99 on Feb 03, 2022 7:48pm
I paid 15 dollars for baytex when oils price at 80 what about now
Comment by Nothingmatters on Feb 03, 2022 8:08pm
Guys check out keynes theory on investing.. you will understand
Comment by Unlucky13 on Feb 03, 2022 8:15pm
It's not that simple.  With inflation and hedging and dilution BTE needs $200 oil to just cross $10 this year.  So guys like me and Keyes who bought high will never regain our original purchase.
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