Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

Bullboard Posts

Comment by Purveyoron Oct 05, 2018 10:49am

88 Views

Post# 28751826

RE:Shorting some more!

We Longs have no problem with the dips. They are called buying opportunities. As the hedges come off, or as new hedgesmove up into the 70's and higher, so to will this company take off. GLTA. If this dips down over the next month or two due to Dakota refinery maintenance that's all good.

Keep in mind also, Central US refinery maint will put downward pressure on WCS. See:
https://www.theglobeandmail.com/business/article-us-refinery-maintenance-expected-to-weigh-on-canadian-heavy-crude/

Burroburroburro wrote: Will short more today! This is going to be a 1 dollar stock!!! The only people that now how to trade are unlucky and Deepblue!!! I’m following their advice !!!!

Bullboard Posts

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