Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > It's the Ranger Aquisition causing the fluctuations

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Post by gareez47 on May 25, 2023 2:15pm

It's the Ranger Aquisition causing the fluctuations

None of my other Oil & Gas holdings are moving up and down like BTE. A few cents here and there but not the wild swings that are being seen with BTE. The two camps and the day traders are taking advantage of the deal. When it closes it will settle down and it's true values will start to show.

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Comment by jmaan on May 25, 2023 2:33pm

YES! Exactly That's what (SHOULD) happen! People are taking advantage of the fluctuations in baytex share price and that's okay... that's the market! But when this closes and world gets on a footing and big one is this dept ceiling! Once it's signed and delivered things should start to take shape, Short term this oil is very volatile but eventually thing's will straighten ...more

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Baytex Energy Corp