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 audreyhollyon Aug 30, 2016 5:37pm

167 Views

Post# 25192971

Great company long term

Hi,

I had to post my thoughts. Too many fools on this bullboard bashing Baytex. I bought 10,000 shares a year ago at $2.50 per share. Sold all the shares at $7 per share. You figure out how much money I made. I recently bought some more shares at $6.44. But am waiting to see what the price of oil does in the next month or two before I go all in again. There aren't many companies that will offer this kind of a return on your investment. There debt is manageable and definately the price of oil will be going up. It's just a case of waiting it out. Long term investing is where the big money is.
Cheers

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