Baytex Energy Corp T.BTE

What can I say ............

[topdown99]

I have watched the different opinions and commentary here since Thursday night and I see two very bifurcated viewpoints , the short term (sugar high) type and the long term investor . Let me run through a few examples of what I mean .....

First off , I was still reading the report while the sugar high crew were bugling like Parrots , FCF miss , BRAAAACK , FCF miss , BRAAACK ...... but what you would have found if you bothered to "read" the report was the capex spending that more than doubled Clearwater production (3000bpd up to 8000bpd) . Now take away that spending and FCF balloons to over $200M !!!!!!

Second point , not one of the sugar jockey's bothered to listen to the conference call , the sky was falling and they were out selling masks and bomb shelter blueprints . Those of us that listened in heard confirmation that much of the Clearwater requires freezing temps (ie: ice roads etc) to access many areas and the agreement to explore the field required a west to east approach . BTE has been focused , de-risk and then drill , move east , de-risk and drill . They haven't even reached the sweet spot yet .

The short term view has no appreciation that without a proper understanding of the reservior , a bad plan can curtail optimal production and literally destroy the fields potential . A thoughtful and responsible developement of Clearwater will pay dividends for years to come but the short term paranoids don't want to talk about that any more than the democrats want to acknowledge the existance of Hunter Biden's laptop or its contents . I could go on but you get my point .

I am all for a healthy debate but you need to offer facts , not hollow rhetoric . If you come into my house , piss on my leg and claim its raining you will be picking teeth out of your feces for the next 3 weeks . I have no use for the dryer lint that hides behind a keyboard while trying to yell "FIRE" in a crowded theatre . Be it pro or con , substance is what I respond to as fluff will disappear like a ripe Dandelion .

My generation was taught to think for themselves , to read , to ask questions and to call BS when someone said 2 + 2 = 3 . Today it seems people want a shortcut , they would rather have someone else do the work and tell them what to think . Do yourself a favor , take the time , read the material and think for yourself . Buy - hold - sell , (I don't care) its your money and its your call .

[Nothingmatters]

Toooo much flufff here.....fasten your seat belta

[red2000]

My dear Topdown99, What a job, you did this week-end to contain this anxious crowd who unfortunately struggle to understand finance 101 ! You made me laugh, I admit it with your masked cows !!! By the way, i heard that the clinical tests were initially done on the Queen and Camilla !!! ROFLMAO !!! I will take a place by your side this morning !! TIMING is everything !!! Was it the right time

[topdown99]

Good morning red2000 Thanks for those kind words , there was a couple of hours last night where I felt like the last guy at the Alamo but its easy to stay positive when you have such a prolific supply of ammo . I really howled laughing when I read who the test subjects were on that mask story , lol , I guess thats why Charles was so "interested" in the project . I still say the cat

[masfortuna]

Hey Topsy!!! No worries man. I am actually hoping we see $6'ish these next couple of weeks. Ihave some cash freed up selling some tech and I am looking to put in O&G.  I am in it for the next little while. I get why they spent $80 million in capex. They would not have been able to do it in the spring because of the moisture  in the ground. So now we will see production increase

[topdown99]

Hey mas , good to see you . I'm not margined or under any pressure (time or value) so if you and/or the NCIB can get some cheap shares , I will be happy for you . I am not at home so passing my downtime here gives me a nice distraction and some entertainment . Area's in northern Alberta have some very challenging ground conditions in spring , summer and fall . Unless the ground is frozen

[masfortuna]

I hear you.  My core has remained untouched since I bought in. So basically if it goes up GREAT, if it goes down GREAT. I always reevaluate every 6 months and now I am leaving it until the fall Q3. As for Spring Summer Fall in Northern Alberta, we just started spring and in 5 months we will start winter. If they already got the work done, they can now benefit from it.  That's why

[red2000]

Here is below, a quick transcript of a last friday twitters meeting with Eric Nuttall : https://twitter.com/sohaibab9 Start at 4h.41 min or so for about 20 minutes ! Eric words : I think our biggest job as energy investors is to figure out what is noise and what matters and the noise that you know. I've said the same thing so I apologize if I'm boring. Some people with this, but

[fortunefavorsus]

There is always guys on the IV board that have for years tried to knock Baytex properties and results.  There is no way they can effectively shade Baytex results in Clearwater.  So they go back to the hedges are bad argument or Clearwater will eventually play out of good wells to drill.  There is no reason at all to sell BTE and 2nd quarter results will break records for FCF. 

[Cobalt]

"short term demand hit in china from a lockdown in one city and you look at a you know the the biggest community the world's selling off and as stocks selling off 5%    By 5% on what should be a kind of a like two or three week phenomenon?" CNBC reported 30 cities , Nobody believes its over in 3 weeks . 

[1condor]

Like I said on Friday...the number you want to watch is 6.30. If it breaks the stock will easily dip below 6 dollars. This is for those traders among us...and those waiting to add or open a new position.