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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 Maxmoeon Jul 05, 2021 11:53pm
215 Views
Post# 33497373

RE:RE:RE:Can you imagine how much money...

RE:RE:RE:Can you imagine how much money...There are millions of well educated people that suck at investing. You keep investing BEFORE you do your research, and then ask schmucks on a bullboard for help. I've owned bte a bit over a year. I've double and then doubled again before you bought it. I've been annoyed by the village idiots and bashers all the way up. Now they've all but vanished but have been replaced by shameless pumpers and shills. I find them just as annoying. And probably the same idiots with new marching orders and a new alias. I'm just a grumpy old fart that doesn't trust new guys.
Investnowplease wrote:

The fundamentals of O&G are outstanding. Opec cannot turn on that much production to make up the demand that will happen post covid and that openning up is happenning rapidly. Renewable energy cant keep up with the increase in energy demand worldwide.  The US is flat out. Declines are at 15-20% in any resource play. At present drilling rates that may just cover declines at best. 


Btw to Maxmoe, I worked in the industry for 33 years in exploration.  I bought (175000) BTE because of the upside and not uneducated as you assumed. They made ridiculous acquisitions that hurt them bad, however the comodity price will save BTE now.  The stock will be at least double if not triple by early fall. Go ahead and short it. 



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