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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 Beakr123on Dec 08, 2021 12:45pm
154 Views
Post# 34211005

RE:RE:RE:Baytex Energy

RE:RE:RE:Baytex Energy$82/share? Come on man. I love the optimism and excitement but lets get back down to earth here. Gone are the days where everyone loved energy and supported inflated share prices. Even though we are seeing some great profitability return to the sector, it still faces a tremendous amount of headwind and volatility. Great returns will still come but come back to reality and give yourself a realistic expectation. As an investor who has made a ton of money and also lost a ton of money, I encourage you to reign in the dramatic fantasies and dont be afraid to take profits. Looking 2-3 years out and commiting to own for that long without further consideration is a poor strategy and one that could very well see you lose your investment. Be smart.
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