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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 > One Down n One more to Go
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Comment by ManitobaCanuckon Jan 11, 2022 6:50pm
148 Views
Post# 34306010

RE:RE:RE:One Down n One more to Go

RE:RE:RE:One Down n One more to GoLol. Keep Calm and Keep Buying.I bought 60k  more on the dip around 3.6$ .
Easy 50k in 2 weeks.

topdown99 wrote:
topdown99 wrote: I agree canuck , you could see it in today's trading . The market knows the year end numbers will be too big to risk shorting the stock , the signs seems to point up . The O&G sector lost the propaganda battle but society is coming to terms with the fact that this is the wrong fight . 

I look back to where we were last year at this time , still fighting to break above $1 with WTI at $50 and arguing how under-valued it was . Look at the progress BTE has made over the past year with debt repayment , the expiration of 2021 hedges and cost savings . Year end will show how the plan has been executed to date but it seems obvious they will be ahead of schedule . 

As much as the market seems to want to sell off , the O&G sector wants to blast off . When the dam bursts , stocks like BTE will rocket  . Between unhedged Clearwater production and the improved balance sheet BTE is in the driver seat . I expect to be fondly looking back in Jan 2023 on how well 2022 went 

I'm not sayin , I'm just sayin , lol !!!!!!


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