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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 ManitobaCanuckon Jan 14, 2022 5:15pm
212 Views
Post# 34319037

RE:RE:RE:RE:Too excited !!!

RE:RE:RE:RE:Too excited !!!I agree with your assessment Topdown .
YOLO it is . No reason to sell with Oil hitting higher highs and a possible dividend coming on to the picture . If i sell I only pay more support to my Ex .
So rather hold it .
Lol 
topdown99 wrote: Hey red2000 , you have every right to be excited , BTE closed on a Friday at $4.52 (not $4.47) . Closing above $4.50 was very p[ositive and I can't stop smiling .

Last year MBcanuck and I were saying $3 was the target , some agreed with us but a few insisted the sky was falling and we would burn . Well I didn't get burned but I will get a tan courtesy BTE stock performance . Anyone who say's BTE is heading for $10 can see the value here and that faith will be rewarded . I look for a run to $6 prior to year end numbers .

red2000 wrote: I am not the only one, excited !!!

Nuttall bought another 4 M shares !

And also another very good analyst and portfolio manager,  Rafi G. Tahmazian, from Canoe Financial bought 3,695,500 shares recently!!!

Look at it : https://www.morningstar.com/stocks/xtse/bte/ownership

So right now, 
Institutions increased their position to another 21M shares for a total of 95,397,304 shares ! Which is 17% ownership !

They $hrunk the float !!!

And I am not counting my own shares !!! :) LOL !


 




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