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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

TSX:BTE - Post Discussion

Baytex Energy Corp > Share Price
View:
Post by WaterDPlants on Oct 18, 2023 2:04pm

Share Price

It is all retail traders buying and selling. Tons of limit orders on both sides.

The share price is way too low but many purchased their shares 3 months ago and the stock is 50% higher. I cannot blame them for profit taking. I am holding for a higher price to sell.

The Q3 report is only 15 days away. Even if the report is not a blow out, the report should support a higher price than BTE is currently.
Comment by AvInvestor on Oct 18, 2023 3:04pm
Sharebuy backs! That will solve the issue!
Comment by riski on Oct 18, 2023 4:10pm
Pretty solid trading for a Wednesday. As those who have been doing this for a long time know, Wednesdays are one of the worst days for trading CAD O&G. Regardless of the inventory news or oil movement or any bullish news, stock prices are checked in place or trade down as there are just too many penny flippers and other retailers selling the news each week no matter what the news is.  ...more  
Comment by red2000 on Oct 18, 2023 4:47pm
I hope management done all is possible to bought back the max shares before nov 2th. GL Longs !
Baytex Energy Corp
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