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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 BuyCanadianon Jul 10, 2016 9:21pm
93 Views
Post# 25039798

RE:Has Prior BTE Earnings Releases Boosted the SP?

RE:Has Prior BTE Earnings Releases Boosted the SP?
You are very bearish and you seem to resent any bullish view but disregard any bashing or fellow bearish view. 

If one looks at your track record, you are also a trader, not an investor, who has a bearish view so yes, people have to understand this to understand your generally bearish views on BTE.

You can't use your rational on earning impacting BTE on a bear run and 2015 with 2016. In case you had not noticed, the fundamentals and technical for oil was bearish from late 2014 to early 2016. Since then we have seen a full reversal and are in a V-shape recovery on resources and oil.

Investment in oil has crashed in 2015 and production will continue to be impacted as mega projects have been cancelled (read about mega artic explorations) and everyone except you bears know oil is going up.  Short term?  It's a trader's stock, yes.  And all of you who post after-the-fact analysis are a bit of a farce even to an investor who is far from a trading expert.

What you need to do is graph the bear run of 2008 and bull run of 2009 and you'll see that as much as BTE is a triple bear on the way down, it's a triple bull on the way up.

And just because I agree with fellow bulls (traders and investors alike), it does not make me them as some of the bashers are trying to pull off.  I have most of the bad traders on ignore.  I haven't put you there because you don't hide the fact that you have a bearish position at this point.  That's fair enough.
Bullboard Posts