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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 topdown99on Jan 24, 2022 4:51pm
324 Views
Post# 34355253

One year ago .......

One year ago .......One year ago BTE was trading sub $1 , some said oil would never hold $50/b and BTE was "drowning in debt" . What a difference a year makes ........

While I can't transplant my confidence into anyone or calm hysteria , I can point to the "trend" . What we saw today was nothing more than a temper tantrum  . I traded a few stocks today but this was the only one I didn't sell , I added 10,000 shares when it broke $4 . Another day above $80 WTI is money in the bank . Short term here means nothing to me as I'm long term , my eyes are on the horizon (not on my shoes) .

I'm not going to give any rah rah speech here but I would say , this is one company I believe in and I intend to see this through (for better or worse) . I expect this company to guild my retirement  
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