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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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Bullboard Posts
Comment by NewInvestor3on Jan 19, 2016 1:41pm
71 Views
Post# 24472864

RE:RE:RE:RE:RE:RE:what is wrong with this stock

RE:RE:RE:RE:RE:RE:what is wrong with this stock
PappaBear wrote: Question - if this go bankrup and i have short 2000 shares do i have to pay back if it is worthless or just keep money   i made monie first time today  on BTE over 6% on short sell  one of my best investmunts


If it goes bankrupt you make 100% of your initial investment as you don't pay anything. That being said this stock could easily snap the other direction and you could lose more than your initial investment quickly. If you are shorting make sure you use a SL. Shorting without is suicide with any oil stock at this time.
Bullboard Posts