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

Comment by Nacksackattackon Aug 22, 2016 4:34pm

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Post# 25165329

RE:RE:RE:oceans 11

Orlando, your holdings sound identical to mine? Maybe Orlando and I are the same person…
Cheers glta

orlandofl wrote:

oceaneleven wrote: If I see a trade in the making for a quarter, I do it...anything less is waste of time now and starting to see more of that...I am not short, I am not in and not considering getting in unless I can make a quarter.....HOD is the play of the day!!!!!!! and with hurricane season here, HNU and HND......orlandofl, why does it strike me as you putting all your eggs in one type basket??? why all the oils ??? why not diversify a bit and put elsewhere??? maybe put some water into that portfolio of yours eh or add some infrastructure stocks..........when you do this, one sector can take a beating but you maybe cushioned in another sector which will make you sleep better at night.........

in my personal I am heavy oil, I also have some european bank stocks. In other accounts I have funds - a couple business trading accounts that are more conservative, 529's that are more conservative - I paid off some realestate - I have some money coming late 2017 on a buyout of a company I owned a portion of that was privately held. I have my own business that I have invested in - right now I am more unbalanced with oil as I just see us at the bottom of a cycle and I see it rallying significantly - short term it may dip, but I see these stocks as very low - we'll see what happens, but I think vet, cpg, pwe and bte could all double over the next 12 months with little downside - oil prices can't stay here long term. Unless electric cars replace all gas cars short term. I took a beating on an oil stock last year that was not well run and became financially distressed. The companies I am in are solid financially for now so I think they have a lot of staying power until oil starts to go up. $70 oil and these all will at least double. I am not trading it - if there were a big quick run up I might sell some and then wait to buy more - but to avoid short term gains I would have to wait 31 days to buy back in