Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by BayStreetWolfTOon Jun 16, 2021 10:03am
62 Views
Post# 33394754

Technically the average "current" BTE shareholder is up big

Technically the average "current" BTE shareholder is up big These are the facts. Consider the following:

"The length of time that investors hold shares has been shrinking for decades but the trend accelerated this year in volatile markets that have made people nervous about sitting on investments for too long.

There are different ways of slicing it, but Reuters calculations based on New York stock exchange data show the average holding period for U.S. shares was 5-1/2 months in June, versus 8-1/2 months at end-2019."

Reference: https://www.reuters.com/article/us-health-coronavirus-short-termism-anal-idUSKBN24Z0XZ

Sure there are anomalies but stats and the curve tell the story.

So let's argue 6 months or say YTD.

Consider the following companies I hold:
Symbol, Dec 31, Jun 15, % YTD
ENB, 41.59, 49.70 19,5%
SU, 22.16, 31.27, 41.1%
CNQ, 32.36, 46.20, 42.8%
MEG, 4.59, 9.21 100.7%
WCP, 4.83, 6.50, 34.6%
CPG, 3.12, 5.72, 83.3%
BTE, 0.86, 2.24, 160.5%

Tough to argue hard numbers. Average investor holds say 6 months...my best YTD return so far sure enough BTE. Undisputed.
<< Previous
Bullboard Posts
Next >>