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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 1234bmth on Jun 07, 2022 8:47am

BTE SP

Can we see double digit SP by the end of the month?
Comment by Unlucky13 on Jun 07, 2022 9:03am
Think about it logically, oil is at multi year highs at $120.  If oil is range bound and goes back to $100 in the summer do you really think BTE will double with 1.2 billion in debt as of last quarter?  We could very well see $6.90 if it hits $8 in the short term.
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