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.

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Baytex Energy Corp > Nuttal

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Comment by Maxmoeon Jul 13, 2021 3:30pm

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Post# 33536877

RE:RE:RE:RE:RE:Nuttal

Nuvista and baytex were NOT both around 80. Baytex was under 40 at the end of October when Nva was "around 80". So baytex DOUBLED before trading "around 80". I remember because I've owned it since it was "around 30". From 40 last fall to 2.40 for bte is a 6 bagger. From 30, it's an 8 bagger. Nva, from 80 to $3.85 is "only" just under a 5 bagger. I'll say it for the hundredth time. It matters less which names you have in your basket of small producers, it matters more that your basket is full.

Sugaree wrote: A) not really, as hard to find any stock that outperformed Nuvista in that timeframe, and if there is one, doubt it was the replacement. In fact, parex and Nuvista left his top 10 end of May and were replaced by CNR and CPG, both of which have not performed well since.

B) I am not knocking him, he is our main champion for Canadian oil and gas, along with Raffi at Canoe. I own a tonne of Nuvista, so since I saw it leave his top 10 I have been cautiously monitoring it closely. To my surprise it rocketed up!

Nuvista and Baytex were both around 80 cents last Fall, now look at the spread. Baytex will have its day, but Nuvista has outperformed, and will continue to do so.

Maxmoe wrote: A) depends what he bought with it
b) he will be the top cdn equity fund performer @ June 30 . In his category and probably all.

Sugaree wrote: Nuvista left his top 10 end of May after being there for over a year. Stock has gone from $2.75 to $4.00 since he sold. How is that for bad timing.

topdown99 wrote: Nuttal isn't God , he is a trader that is paid to move money around , the question is "is he right" ?

I remember reading that Eric sold a bunch of BTE in Jan at a price less than $1 , in March BTE was trading at $1.50 . I like listening to Eric , he understands the business and its economic's but Eric is out for Eric . The fact he still holds 6 million is all I need to know . Point is , money moves for all sorts of reason's , understand why before jumping to conclusions .

van60 wrote: Some guy posted over on yahoo finance the Eric Nuttal sold 6 million shares on June 30th but still holds 6 million. Can anyone confirm this?? TIA