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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 Mar 09, 2021 6:11pm
89 Views
Post# 32755948

RE:RE:RE:RE:Premarket bids $1.43

RE:RE:RE:RE:Premarket bids $1.43I averaged down because it will never get to $50 or $20 or even $10.  I borrowed money to average down here and am willing to lose it all.  I have to, because double digits is so unrealistic.  Yes, the metrics have improved but BTE has made me depressed waiting for a turnaround.  I can't average down anymore and just want out and my money back.  Selling at $2 still leaves me thousands in debt, I need $5 and refuse to sell until that point but have serious doubts it can make it there.  Some of us may be hit by a bus before that happens.

I can guarantee you others are in the poor house or have disappeared who bought at $50 like me. You just don't hear from them anymore.  It's difficult to hear all the success stories with this stock when it has brought so much pain to me.

Hard not to be negative here despite the recent share gains because the stock still has many km to go.
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