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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

Comment by Maxmoeon Nov 23, 2020 10:52pm
143 Views
Post# 31958263

RE:RE:RE:putting the pieces together

RE:RE:RE:putting the pieces togetherHahaha, gambler. Reacharound is angry at everyone because of his big mouth selling baytex. way too soon. Hell, nobody sells at the top but mocking everyone who was long as he made his 'final' post and bragging about how he always posts some bash talk before he buys and pumps hard before he sells means nothing but contempt from me. Looks good on you blowhard. Oh, and then he blew his tiny little wad on a gold promote and bought it way too high. On the fvl board he's even less popular than here!. So his 'big boat' is turning into a little dingy because he's just a little punt.
2020oilgamble wrote: Yes, disclosure.  my stocks are listed in my profile.  I refuse to be grouped in as a pumper, so I let people know that I am heavily invested in O&G, including BTE.

I am also very bullish on the industry, as my posts are an indication.

I don't know why you've chosen to attack me in these last two posts of yours. 

You can choose not to believe.  that is your choice.  I have one account.  I have been on stockhouse posting for 3 months.

you take care.  I wish you well.

Reachme wrote:
2020oilgamble wrote: So disclosure: 67% of my 6 figure portfolio is in O&G - so I am biased and am wearing rose colored glasses.

Floating storage has almost been fully drawn from earlier this year

Crude stockpiles are almost at 5 year averages, and are well below peak volumes.  They are within the 10 year averages. 

Active rigs are still near all time lows - this past week actually showed a decrease.

The US is down 2 mbpd of production
OPEC+ is down 7.7 mpbd of production

2020 has seen a previously unhurd of global stimulus , well beyond that experienced for the 2008 recession.

All of those together...

$100+ oil

BTE - over $40 per share

Cheers!!


What disclosure??? Let me disclose I have a very very big boat! It means nothing here....you guys are living in a virtual world....that's not reality.....juniors




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