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.

TSX:BTE - Post by User

Baytex Energy Corp > I will cover $3.53

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Comment by Unlucky13on Nov 19, 2021 12:44pm

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Post# 34146310

RE:RE:RE:I will cover $3.53

The stock was $50 in 2014 and has not come back and long term shareholders are under water and down big. It has not done well, it's barely back to the pre Covid levels. Plus if this sinks all the way under $3 it will be really difficult to stomach here. Sure feels like oil is going back to the $60 range and that will be the worst case scenario.

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