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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 > Thinking about selling my Baytex shares & moving on
View:
Post by NikoDoughski on Jun 17, 2024 2:41am

Thinking about selling my Baytex shares & moving on

Don't like what I am seeing.

Share count up

Debt up

I bought it for the Clearwater expansion and got handed the Eagleford instead

Biggest insiders rushed to sell (Juniper)

Stock worst in space despite highly touting from banks/Nuttall (red flag)

Handing out free hats and garb onTwitter (see Burnsco, the promoter on X)

Board never buys stock

Also Nugget Capital put a $3 price target on it if oil falls to $75
 

Folks, I don't like what I am seeing here and I may take the L and move on.

Thoughts?

Sincerely,

Niko Doughski

CEO , Doughski Enterprises

Comment by Cobalt on Jun 17, 2024 9:48am
Smart, what would you buy, AI sector is the only thing working, got a name ready?
Comment by Kelvin on Jun 17, 2024 10:10am
Invest in Construction/roofing company anywhere around the GOM from Florida to Brownsville, Texas. They say that this hurricane season will be brutal. Insurance rates in Florida going through the roof. People can't afford it. Moving out. GOM water temps pushing records past 30 C. In fact the entire Atlantic basin is hot. I have no idea of how this will effect the oil price. 
Comment by Cobalt on Jun 17, 2024 10:27am
Home depot is the hurricane play 
Baytex Energy Corp
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