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 / 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

Baytex Energy Corp

Bullboard Posts

Post by FullReversalon Mar 15, 2016 1:18am

141 Views

Post# 24658523

RE: This IS a BUY!!!

Like many other guys here, I track BTE, HOU (a 2x bulls) and UWTI (a 3x bulls). Because BTE follows the WTI index too.

I agree with the guys that say that BTE is safer, cleaner and trades better than eve UWTI.

Those aren't stock, they are ETF/ETN with erosion over time. Pretty significant. I own some just to compare my percentage return witih BTE and so far, BTE is much better.

You also have to trust the banksters than run those instruments. UWTI/DWTI is nasty in they use derivatives and garbage that causes market meltdowns.

I'd rather trust insiders that buy their own stock like the Baytex guys have been doing.

My recommendation is on BTE as the best oil play.

But if you are in doubt, stay on the sidelines until you do more research.

Don't trust an "facts" posted here, there's enough BS to fill stadiums full!

And it's not from bulls! It's from bad clowns! LOL