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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 Feb 23, 2021 11:27pm
117 Views
Post# 32644159

RE:RE:Financials released still show a problem

RE:RE:Financials released still show a problem You can be dead in 5 years, I have already waited for six years and it's still just over a buck.  It went down 99 percent, so 25 percent is not a reasonable rate of return. If a stock loses 99 percent of it's value it needs to go up over 600 percent to just get back to where it started.  Baytex hit $50 in the summer of 2014, that's when I bought after the Eagle Ford.  I was down half a million bucks on this on borrowerd money and margin so you have understand why I am so shoddy with management.  By diluting the stock with Raging River they turned their backs on long time shareholders.
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