Baytex Energy Corp T.BTE

BTE earnings this week

[Wildfury]

With the current WTI price, Nat gas price and the fact this stock is listed on the TSX 60 index, I have to say I'm very disappointed with the SP. We all know that their debt is dropping faster then expected and the elevated energy prices seem to have no effect on the share price. With earnings being reported this Thursday you would think the price should be climbing instead of retreating. I truly can't believe how the shorters are still in control of this stock, what do they know that we don't. This stock should be trading in the $6-$7 range already. In my opinion, management is not doing enough to squash the shorters and give the shareholders that stuck by them through the last 18 months. Time will tell & time is running out if they don't report share buy-backs / dividends soon.

[BayStreetWolfTO]

I suggest you check the chart...try the 3 month, 6 month, 1 year As a long-term shareholder not disappointed at all. Management is doing their job....if you don't think so there are LOTS of other O&G companies out there if you feel the upside % is better elsewhere. As I expected the flood of aliases will start calling for buyback and dividends (followed by they are disappointed is didn

[Wildfury]

Yes the 3,6,1y chart looks good but don't forget, how many bought at. 42 cents? This stock will not produce 400% gains going forward. I know some on this board brag about buying hundreds of thousands of shares under 50 cents which I highly doubt. Some brag about their yachts, ect, ect. With Baytex trading on the TSX 60 index I assumed that there would have been a strong interest and run up in

[BayStreetWolfTO]

If you have not seen any torque in the year (1 year chart) as you state....maybe you and those with "no" luck should sell... ...and the aliases await

[Wildfury]

BSW, I have had nothing but repect for you and your posts, whether I agreed with you or not. I have never critiqued your data, your blog, your charts and now you tell me to sell, get out like the Unlucky ones, really? Let me tell you one thing, I will sell when I see fit not because You tell me too, understand. Did I hit a nerve? I'm just stating my opinion and views, just like you do 100

[BayStreetWolfTO]

I think it was a fair critique of the post. You mentioned in the year you saw no torque. If so I have no idea what kind of torque you're looking for and possibly you can find that torque elsewhere. Maybe I hit a nerve though...I'm not sure...I value opinions and certainly listen but when you say you have seen no torque on the 1 year chart....quite honestly....and I am being honest here

[Wildfury]

You don't know what I'm talking about? This stock is trading under 3x earnings, if it was trading at a fair value based on all facts and data it should be well over $10 per share right now and not conciderd a penny stock with millions of shares shorted. Do you understand now? Torque, if this stock had any it would climb say 50 cents to a dollar in a few days and stay there. Oil prices went

[BayStreetWolfTO]

No rebuttal required. You clearly highlighted your position to the board as did another.

[monsterpump]

hey bsw, i think wildfury makes a good point, how the h&ll r we still trading under 5 with such a massive run on oil? 

[Cobalt]

It is sector wide all the charts are the same , BTE is as strong as any save for say 3

[Unlucky13]

We are all know where I stand.  I think you hit the nail on the head. The torque is gone in BTE.  $90 plus oil and it can barely scratch $5.  The torque has disappeared and a big part of it has to be the massive stock dilution.  568 million shares outstanding.  Debt was 1.4 billion at the end of December, it still lingers large.  I think so many were burned they

[unluckyl3]

Wildman...I'm no dummy, I know about the history, that could be one big reason why the street is punishing this stock, many people lost their shirts in BTE and it has left a bad taste with nothing but revenge and anger towards it, thus the millions of shares still being shorted. Go ahead, let's see how you sugar coat your reply, can't wait. ............ Yikes, angry shorters are the

[Nothingmatters]

Wild fury stfu...

[Wildfury]

Make me SA

[masfortuna]

Hi Wild, The last time Nuttal was on Bnn, he declared he had pulled out of Athabasca.  The stcock dropped 25% to $1.14.  3 weeks later, we are at $1.71.  Just saying.

[ManitobaCanuck]

NUTSAC ISNT ALWAYS RIGHT 

[Maxmoe]

It's simple. Everything he bought over the last 2 years was RIGHT. Everything he sold was WRONG. Every stock he's owned,traded,followed,commented on etc is way,way,way up in price. As for baytex, in the last 2 years, he bought it (genius) , sold it (moron) , sheepishly admitted he shouldn't have sold it on his BNN visit a year ago-ish. Then bought it back more recently (genius??) at

[dandu1924]

Will be great for BTE if we get the same Nuttal effect, I mean after his exit of BTE the  stock will going up almost 50%,  $5+ 50%= $7.50. Very good

[Zaphod]

He also said there was life left in Athabasca  but he had made a pile and there was better plays.  He also said he might be back so he didnt slag it.

[Maxmoe]

Soon as earnings come out we will gnashing our teeth and growling about Q1 numbers which ends in just 5 weeks. Stock is up 18X from its low in 2020. It's up $1 since year end. It's done very,very well without a divy or a buyback. So why the hysterical screeching for a divy and buyback now? Short term pop so you can sell for another 25 cents? Sorry, most of us don't care about the flip

[Maxmoe]

I've enjoyed this stock doubling several times since 2020, and if oil stays even 70-80ish, I expect another double as the debt evaporates and the value of reserves in the ground continue to get marked up.

[BayStreetWolfTO]

The divy and buyback talk for Q4/YE is just the stock flippers and those that hop from one CDN O&G to another looking for a bump on earnings day. Aliases will be out in full force the next few days I suspect. The long-term holders know management stated clearly debt first. Debt, debt, debt. Shorters and bears don't want this which is why it must be done...

[red2000]

Hi Maxmoe ! I think Baytex management are working in different way to have a IN - IN financial situation ! They continue to deleverage while renegotiating a better interest rate until end of 2024 ! Confirm a buyback shares, probably 5% starting Q3 ! Also confirm a progressive dividend also starting in Q3 ! On the other hand, they try to reduce operational cost, manage CAPEX, increase production

[BayStreetWolfTO]

Thanks Red, I know you do a lot of work on this. Now with Q1 WTI pricing done....try the same with Q1 2022  That will look very nice!

[red2000]

Hi Bay ! I already have 3 forecast for 2022 !! All of them are awesome ! I am waiting for YER to launch it !!! At the moment all of them take care of 81,500 boe/d !!!! Sound a bit low !!! ;)

[BayStreetWolfTO]

I can imagine. I look forward to your review after the Q4/YE results. There is a lot of drilling going on...so outside of AFF, FCF and Debt.....I certainly think the biggest part of Q4/YE will be the operations update (for me). Also did some FCF get directed to Clearwater. Given the speed of payout...I look forward tp these answers.

[Unlucky13]

I have been saying the same thing for months to anyone who will listen but get met with how great things are.  Ultimately only the share price matters.  At least I am not the only one disappointed in the stock and the share price.  If we get an earnings bump we might get above $5 but any sour tune won't be kind.  The stock should be at least $6 so I am not sure what the

[Sugaree]

What a complete knob. Cry me a river. You pay your Dad back yet?

[Nothingmatters]

Oh my god this guy is relentless...