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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 Traderx11on Mar 03, 2021 11:01pm
185 Views
Post# 32712260

RE:RE:Unlucky13

RE:RE:Unlucky13

Oh no.  I have been trading BTE for almost 4 years now. I am well versed in the company.  

I really question you more and more. In 2019, while oil prices were hovering around $55, BTE was recovering and a dividend and buying back shares were a serious discussion. 

Also, with Opec what did you think?  Production cuts forever ? As covid eases, demand will balance supply and the oil market will need those barrels. In fact it might deplete opecs spare capacity, potentially sky rocketing prices to 80-100, if everything continues in the right direction.  

Don't try to argue with me, 2020 was a year you could averages down and held for a few years.  2021 with 55-60 oil price, bte will recover. By 2022 if oils maintain higher prices bte will be around $10.  


You are truly a idiot, because you don't make sense. Gl

You will get your $5. 

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