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 > Oil is the new tech in 2022.

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Comment by Unluckyon Jan 06, 2022 6:23pm

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Post# 34291007

RE:RE:RE:RE:RE:RE:RE:Oil is the new tech in 2022.

We can get to $5 at $80 oil but $10 will take $125 oil. That's just the reality. $7 is going to require $100 oil. I have never shorted this stock and have always been long but am frustrated at the lack of appreciation. I did buy loads at 45 cents but didn't have loads to spend so I was really handicapped on the way back up after losing thousands on the way down because of margin. I want to load up here on margin but if it dips at all I get wiped out. Can you guarantee it goes straight up here and not dip back under $4?

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