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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 ManitobaCanuckon Oct 17, 2021 9:16pm
265 Views
Post# 34016397

RE:Expectations

RE:Expectations


Very True
    A lot of guys are short on this and looking for a dip to cover their short positions .
We might get a squeeze hence these posts saying it will drop .
I am here for a million , not hundreds or thousand . I own 150k at present of this for ZERO dollars net price . (Had 250k ,  Sold 100k ( bought at 90 cents and sold at 3.75$ to lock in my profits) and enjoying the FREE RIDE) . Hopefully dividends and everything else in 2025 .
  


masfortuna wrote: Try and keep your expectations in check Ladies and Gents. I suspect just like Friday we may go up but it will be marginal.  The big jump will occur after a few quarters of solid earnings.  The guys hoping to get rich tomorrow...Really? Assuming we go up 5% tomorrow, that would equate to .19 cents.  Assuming you own 100 000 shares, that would give you $19 000. You consider $19 000 enough to call yourself rich? I wouldn't sell here but that is just my opinion.
Mas

 

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