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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 red2000on Jun 08, 2021 2:28pm
154 Views
Post# 33348867

RE:RE:BTE is officially a FCF MACHINE !!!

RE:RE:BTE is officially a FCF MACHINE !!!You are right BayStreet !

Management remember the last 5 years garbage !

They don't want to go there anymore !!!

With those affirmation made by the CEO, today !!!

I think we may see more upside price and more volume from institutional, alreay this month !!!

Where we go now ?

2,50$ to 3$ before Q2 !? Sound very realistic, but we know the market is a uncontrollable beast  !!!

3,25$ to 3,75$ with Clearwater project in place !!!? Payback minus than a year !
4$ to 5$ after Q3 2021 release mid november !!! If WTI still over 70$ sound again very realistic !

Well i have to admit, my forecast was 3$ before end of sept 2021 !

But now, I need time to validate my Excel File again !!!

Still LONGS !



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