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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 Johnnysbackon Mar 22, 2017 8:26am
70 Views
Post# 26012360

RE:RE:RE:RE:Market Correction

RE:RE:RE:RE:Market Correction
stkfather2 wrote: Likewise, I'm in the same sinking boat, I dont have nearly as many shares as you but my average cost is similar and I'm down a considerable amount as well. Been buying and averaging down for two years and after all that wait, I'm back being well below water again.  Would never have imagined BTE at this low price with oil priced where it is.  But the writing is on the wall, it doesnt make money at these prices, oil must be over $55 and show a progressive upward trend for BTE share price to move.  Its as simple as that!  
Now I fear a market decline that drops all stocks, how low can we go? 



Not that low, dont worry. And the recovery will be huge... have to get the border tax fears out of the way and with higher oil BTE will be $10 within a year or less. 

Bullboard Posts