Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > What can you say ........
View:
Post by HighOctane89 on Oct 21, 2022 5:06pm

What can you say ........

I've been laying low lately just watching and listening since I've had nothing new to add . The push/pull of "everything" is pretty unique and to be honest , I have never seen anything like this .

UK politics ...... what can you say ? Next Friday they get their 3rd PM in a couple of months and have done more U-turns lately than the Russian army . Too bad Canada can't dump a crappy PM that easily . Biden has painted himself into a corner where he tries to shame oil producers to ramp up production while attempting to put them out of business . The world is laughing at Biden since he has the ability to beat inflation but the solution will destroy his voter base . The economy will decide the mid-term election and Biden's impotent SPR release has done nothing but postpone the inevitable and piss-away US energy security for votes he will never get .

Next week we see another UK PM , another interest rate increase and who knows what all else . I find this all more entertaining than aggrivating simply because , you couldn't make this stuff up" and actually have anyone believe it .

M. McGloom will continue to push "short oil" and "long bitcoin" as the Ostrich crowd ignore the signs . In my estimation , some very hard truths will have to be reckoned with between now and 2023 , the next few months will be volitile and not for the faint of heart .
Comment by Hightowntrader on Oct 21, 2022 6:05pm
AKA... Just woke up from a 2 week bender, that was funded from our last 20% rise in a week...lol   Hookers and blow were thoroughly enjoyed!  ;)
Comment by Wildfury on Oct 22, 2022 8:57pm
Well said High octane , this world is definitely heading for disaster due to political ,esg clowns that think they know how the real world operates . I'm posting a link to a weekly YouTube video that I follow every Saturday from the author ,John Polomy . This guy is right on the mark when it comes to oil and gas , oil field services and some other commodities . In his post today it will take ...more  
Comment by BayStreetWolfTO on Oct 23, 2022 10:43am
Wild, this has AND will continue for YEARS to come....be the greatest thing to happen for Cdn O&G investors. In the beginning we all cringed at the lack of pipelines, Capex and investment. Looking back those have been the greatest things for Cdn O&G investors today! This will take a long time to fix and still companies are using massive amounts of FCF to return to shareholders. Wait for ...more  
Comment by dllscwbysfn on Oct 23, 2022 12:08pm
Hedges might be a huge differance maker. This year's hedges were topped out at $68.00. Next year they have 9500B/day with a low of 62 and a high of 96.I look forward to seeing where the rest of their hedges will come in at. I am hoping for the mid 80's for a high.  I am also hoping for production around 86,000/day.  I am also hoping for debt to be below 1 billion.  I am also ...more  
Comment by masfortuna on Oct 23, 2022 1:03pm
And you forgot to add that with the US Fed announcing that they plan on buying oil at $67-$72 it actually acts as a "put" on oil which limits the downside to that range. So worst case scenario, oil trades 20% lower than where we are. All this without factoring in Opec+ and their reaction if oil drops below a certain level. So for minimal risk we can achieve very high rewards. 
Comment by dllscwbysfn on Oct 23, 2022 1:14pm
Yup, I agree. Less debt, less interest. Strong US dollar also quite positive. Sooner or later this stock should be rewarded!
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities