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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 survivor2015on Dec 19, 2017 9:20pm
75 Views
Post# 27192266

RE:BTE...

RE:BTE...
BTE has not lost its torque at all.  It's just a tricky investment.  You have to sell when it becomes overbought and buy when it becomes oversold. Seems to always be a favorite with traders and always ranks in the high volume traded stocks.

I do agree there are better dividend payers for longer term investors.  CJ seems to be the best at 9.2% yield.

BTE at these low $3.48 prices seems too good to be true?  There's a number of great year-end tax selling "on firesale" priced Canadian oil stocks out there.  BTE and CJ are my two favorite ones.

BTE short term trading.  If you can beat them, join them!
CJ for longer term buy and hold.
Bullboard Posts