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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 Apr 30, 2021 1:09pm
131 Views
Post# 33102008

RE:RE:Chalk one up for Unlucky!

RE:RE:Chalk one up for Unlucky!The stock is a dud and you know it!  $1.40 something after 7 years of torture.  Management should be embarassed for running this into the turf and sinking all shareholder value.  No one was saying sell, just me, I am warning others now about the pitfalls.  The stock is a lemon and it's fate is sealed now, it won't get to $2 this year.  Compete dud!  What a flaming piece of trash.  To say a billion dollars over 5 years is a sign of how bad the company is run.

From $50 to $1.40.  Utter junk.  It's never going to go back to double digits now and the price targets are laughable.  RBC had a worse case scenario of $10 to the extreme downside before.  They shouldn't be in business.  Just admit your disappointed by today, you won't admit today is an ugly day for Baytex but it most certainly is.

The only people enjoying the stock today are those who averaged down or those who bought post Covid.  Any long term shareholder is flaming mad at how poor the stock is performing.
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