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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 Unlucky13on Nov 30, 2020 7:37pm
160 Views
Post# 32006187

RE:RE:RE:Bloody frustrating

RE:RE:RE:Bloody frustratingPeople need to wakeup, this stock has been a duck for 6 years and any upturn quickly gets demolished as it's a day traders paradise but not an investment anymore.  It's a dud.  $80 oil and maybe it gets it to over a dollar.   $45 oil and it's 66 cents, a 100 percent appreciation in a barrel of oil with the stock on a similar path puts us at $1.32.   Guys like me who bought north of $10 are in serious trouble and will never recoup our losses.  Oil need to be north of $150 for this stock to be worth serious dollars and not pennies.   There is no catalyst now to make this go up.   The vaccine was announced but that will take 9 to 12 months.  The only hope is to survive at these oil prices, anything under $40 is bankruptcy quick.
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