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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 BayStreetWolfTOon Oct 13, 2021 12:56pm
216 Views
Post# 34001643

The "Generalist" & Eric Nuttall

The "Generalist" & Eric NuttallFirst I will say this is only my opinion.;

1. I believe "Sophisticated" investors will be back to Canadian O&G and have started showing up

2. I don't believe "Generalists" will show up, and if they do they will be looking for high risk/reward stocks

3. In order to move the large caps you will REQUIRE a large amount of generalist. Funds etc won't be enough...not sure enough generalists will show to the party

4. If this is true small caps which switch to buybacks will out torque large caps


Think of the amount of generalists that need to show up to move SU.....might as well by XOM.

Anyhow just my opinion but I see some people talking about how they shifted this morning.

I believe they will regret that decision.


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