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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
Post by FullReversalon Mar 10, 2016 11:22pm
189 Views
Post# 24646642

"End of the years 100$ oil"?

"End of the years 100$ oil"?

Is someone really putting this forward?

Have we priced out BTE if oil reaches $100?

Seems to me the last time oil was $100, BTE was $50 in about 18 months ago or so?

That's a large cap 10x bagger from these prices?  Possible?

What's a more reserved estimate for 18 months?  $20-25 safe?

I've heard that most short sellers often go long when they flip?  Is that true? 

Good luck to all!

Bullboard Posts