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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 terryshanon Jan 21, 2016 4:08pm
130 Views
Post# 24481851

RE:Just woke up, where is unlucky?

RE:Just woke up, where is unlucky?rfysc, they will be back... as I anticipate further volatility in crude in the near months, so that will sway baytex's share price (given beta to against Beta is 1.05). May go back down to 52 low again and the likes of Unlucky will come out of hiding.

If you read my prior posts, I still believe the fundamentals for Baytex is sound and their current operating strategy is in line with a crisis situation (ie cliff dive of crude prices). With that in mind, I strongly believe Baytex will not bankrupt in the near term and once oil stabilizes around $40, we should see Baytex touch the $8 range. 

Keep riding the wave and believe in the fundamentals. 
Bullboard Posts