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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 Apr 18, 2017 7:17pm
109 Views
Post# 26135027

RE:All bets are on a Q4 $62 oil price

RE:All bets are on a Q4 $62 oil priceHence my comment weeks ago about buying something that at least pays a dividend... I however have been trapped by Baytex once again.. Something about this stock lures me in every single time. My last 3 trades on it have all been losses, and like a moth to the flame I have again lunged forth and purchased shares... In my TFSA I now hold 2000 shares. Not a huge amount, but still I am already down almost 8% from my purchase only last week.... Sad, but true. ... Another sad story, I also bought MEG, and I am down an equal amount..... But at the same time I bought NVU.un, and I am up 1.3%, and CUF.un I am also up just under 1%... The AX.un I bought in my Rsp and my RRSP, is up 9.4% over about a 3 month period...... If I only bought that instead of Baytex and other stupid trades I have made, I would be up huge over the last 4 months in my trading account instead of down !!!!!!!!! I want spring of 2016 back again... I made a boat load trading BTE. Goes to show you how much things have changed from last year to this year and yet things have improved (have they?).... Very strange indeed. Good luck everyone and keep your chin up. 
Bullboard Posts