Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp

<< Previous

Bullboard Posts

Next >>

Post by BayStreetWolfTOon Jun 23, 2021 3:18pm

96 Views

Post# 33435676

Fundamentals vs emotions

It is important to distinguish between the two.

A few years ago oil tanked from $100 to below $50. This is a fundamentals shift. People who ignored this either had bad Financial Advisors or were DIY investors.

Currently share prices are volatile but oil prices are still $73.16 at this point in time.

Today at these prices BTE banks $1.3m in FCF. Let that sink in.

Follow the FCF

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?