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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 oil991197on Oct 20, 2016 11:23am
55 Views
Post# 25365912

RE:RE:RE:RE:GOOD CALL ON THE POT STOCKS, HR2

RE:RE:RE:RE:GOOD CALL ON THE POT STOCKS, HR2 I stand corrected. It does appear a couple have turned the profit corner. Good on 'em.
Thanks, but I'll still continue to be cautious of inflated market caps compared to their net revenues (and possible new rounds of financings at a discount to market).

" Oil " ... possibly you may wish to go to "SEDAR" and check out their latest financials. APH and OGI actually have turned into a profitable situation over the last couple of quarters and have made a penny a share profit. Whether it lasts or not remains to be seen . ............................................................................................................................................................................................................................................. I used to own APH also but sold as their "market-makers " do not seem to be able to control their share price as well . Looking to buy some back though. ............................................................................................................................................................................................................................................. Gotta run now as I have things to do but best to check out their financial statements before ASSuming things as seen in your statement below. ************************************************************************************************************************************************************************************************************************************************************************* oil991197 - (10/20/2016 10:39:23 AM) RE:RE:RE:GOOD CALL ON THE POT STOCKS, HR2 I'm with you. The market caps of some of the weed stocks are now enormous (even compared to some mid-sized oil producers, wink, wink). Wish I had long ago bought CGC, never did, but figured I needed a piece of the industry and bought quite a few kilos of acb last summer. Have since sold some off (which probably paid for my habit over the last couple decades), still sitting on a bunch and have to believe there'll be another strong move north when legalization is 'officially' announced. Should probably be more active than I have been trading a handful of these pot stocks, but holding gives me heartburn at current prices given the market caps ......................................... " and the fact that NONE of them are making any money...yet. " ............................................. Anyhow, there's no good reason to have not been making good $$ for the better part of a year or so with BTE and other oils for anyone who has been watching the stock(s) and wti as close as many hear claim to be. I know I certainly did, and will continue to do so. The pot stocks were the gift of a shiny new toy and great fun to play with, but I've seen how fast my kids lose interest in new 'toys', at which point you can turn around and buy 'em much cheaper 'used'. Anyhow, I'll keep rollin' these oiled up doobies. Beats working for a living.
Read more at https://www.stockhouse.com/companies/bullboard?symbol=bte&postid=25365671#2oJViUityVTVtFGv.99


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