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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 d_trumpon Jan 12, 2017 12:19pm
85 Views
Post# 25699725

RE:It's over

RE:It's over
Unlucky13 wrote: It was not fun while it lasted for me. Nothing but straight down for three years. Flogging a dead horse for me, the oil story is over. MEG today is he final spike in the coffin. Time to short, this is a shorters paradise. $5.90 by tomorrow. The oil recovery is over, the Baytex story is dead. If the price of oil stays at $50 in 6 months Baytex will be where MEG is today. All this $10 talk is nonsense. Other then one two day spike to $9 the stock has been dead for three years. There are no catalysts to make this go up. When oil retreats the rest of the day and into tomorrow there will be a continued selloff. The struggle the last three months has continued. Honestly? Does anyone sell $7 before $5.90? I highly doubt it. This is going back to $4 and when it does it won't recover this time.


Good riddance....at least now we will find out if you are for real or not.  If you are for real and have 30,000 BTE on margin as you claim and also I do remember you said you bought Meg (north of 9), then you should be pretty much wiped out by now.  But if you come back next week with your usual song and dance about you need BTE to go to $10 to pay your father back....well then at that point you will have confirmed to everyone that you are 100% BS.

Bullboard Posts