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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

Post by Unluckyon Jul 28, 2021 10:34pm
178 Views
Post# 33619146

Maybe $2.15 tomorrow

Maybe $2.15 tomorrowIf it goes up to $2.20 but drops back under $2.10 on Friday it's not worth it.  I just don't think the sentiment has changed enough.  1.5 billion in debt is still a lot!  We need 4 or 5 quarters of $70 oil to change the sentiment.  I think with oil flat to red we drift again tomorrow.  Grimes should be called out for his continual inaccuracy when it comes to share price.  He said $4 after earnings, wrong again!
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