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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

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Post by Nothingmatters on Feb 14, 2022 1:16pm

Wti up

But stocks down 2 percent. Tomorrow Wti down 1percent. Stocks will be sown 6 percent. What cr*p... hard to be an energy investor
Comment by dandu1924 on Feb 14, 2022 2:01pm
Pure manipulation, this is the proof in the oil sector. Now the WTI over $95
Comment by Stockhudson on Feb 14, 2022 2:04pm
oil is up to 500.00 barrel    and bte has moved up 2 pennies   lol
Comment by Nothingmatters on Feb 14, 2022 2:20pm
It is hard to not be unlucky sometimes. Like crazy...
Comment by Volkomm on Feb 14, 2022 2:21pm
I disagree. Most of my portfolio is up almost 80% and I would say I got in much later than most, and less than a year ago. They've had a phenomenol run-up from the lows.  This is an investment, not a trade. We can't expect BTE for example to slingshot to 30$ in one month. From my POV this is a 2024 target trade, not in and out. 
Comment by Nothingmatters on Feb 14, 2022 3:15pm
I agree with you. We are long, just get frustrated with irrationality...Market like human beings is not rational..
Comment by Stockhudson on Feb 14, 2022 3:58pm
yes   I am in at  1.31   so I am doing well   but   there is no sensible reason that oilcos are down  but when it gets to 500.00 barrrel   we should make  NICKLE more 
Comment by Cobalt on Feb 14, 2022 4:04pm
Rig count highest increase in 4 years, sure that scared the algos , to be buying here short term you believe war will happen if it does not easy 17% pull back 
Comment by BayStreetWolfTO on Feb 14, 2022 4:12pm
Better guage is Frac spread. See chart over last 6 months...frac spread vs WTI price. Media will focus on Rig Count....which is great....a bit a of distraction is good as we get closer to spring/summer. https://wolfofbaystreetto.blogspot.com/2022/02/frac-spread-latest-update.html
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