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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 Unlucky13on Nov 25, 2021 9:26pm
122 Views
Post# 34167234

RE:RE:Oil down large!

RE:RE:Oil down large!Dude, if you bought at $50 like I did you would be down 92 percent!  You got lucky to buy at 50 cents, you could have been down 100 percent as things were very touch and go and bankruptcy was on the table at 50 cents and negative oil.  I am still on margin and still have $200000 out on credit cards after buying this dog.  It's not a given this goes to $5.  I think we give back and go under $4 tomorrow.

Don't act like you are some kind of expert buying at the bottom when the stock was on life support.  You were gambling and got lucky.  Anyone buying under a dollar was straight up gambling.  Any long term shareholder is down big even after averaging down.

99 percent of us on this Board are down.
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