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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 Unlucky13on Dec 18, 2021 7:42am
258 Views
Post# 34243089

Eye Test failed - Any investors here pre Raging River

Eye Test failed - Any investors here pre Raging River

BTE is failing the eye test and omicron is killing us.  $2.99 by Christmas.  The $5 dream has evaporated. Remember the bloke who said $10 in a few months, they are even worse with their preposterous takes.  I have been consistently right in the sense that the stock has an upside of $5 if all factors align and things come together.  That scenario seems like a pipedream now.  


I remember buying at $5.90 on the way down trying to catch the failing knife thinking I was the cat's pyjamas.  7 years later we are still getting our teeth kicked in daily and the stock has flatlined and appears to be gearing up to sink even more.  After raging River deal the stock dropped from $6.39 to about $4 in a matter of weeks.  We have never recovered and the only happy investors here are those who were fortunate to buy in at 38 cents of 55 cents or under $2.  So much for the excitement of being listed on the TSX.  Any pre Raging River investors here, you must feel the same pain as me for holding this mule for years and still being underwater.  I have been stopped out on margin so many times with this dog.  It truly is a dog and two years later Covid is still raging.

The TSX listing and Clearwater find aren't strong enough catalysts for this dog.

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