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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 topdown99on Jan 21, 2022 5:21pm
317 Views
Post# 34344972

RE:debt reduction... then $$$$$$

RE:debt reduction... then $$$$$$There are several of us with an eye on the $12/sh level especially with this accelerated debt repayment , getting to $1.2B will be pivotal . I liked the support at $4.25 and I noticed several other stocks finished above "round numbers" or support levels . I have seen too many of these ups and downs to get rattled considering we are sitting on a cash machine . 

Once again the baby got chucked out with the bath water , the tub , the sink and the contents of the bathroom . I can't see smart money ignoring these valuations with WTI at $85 so Monday afternoon will be very interesting . Leaving an open short over the weekend with war immenent in the Ukraine could be a disaster . I would bet there's a lot of nail biting going on this weekend .

Until the media start to seriously report the supply crunch we are heading for and ignore "woke" pressure to kneecap sentiment , Toronto will continue to manipulate this sector purely because they can . This land of sheep called Canada concerns me , when did people stop thinking for themselves ?
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