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.

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Baytex Energy Corp > Bears really taking over the narrative

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Comment by BayStreetWolfTOon Feb 08, 2022 2:26pm

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Post# 34409610

RE:Bears really taking over the narrative

Onion, its like going to vegas you have the black, red and gren slot. You will never hit black all the time

Since Dec 15th of the last 38 days I believe we have only seen 11 red days before yesterday.

Things don't move in a straight line. you can't be green everyday.

I still look at cash in the bank.

Perspective

Two days ago WTI $92.31 = $2.32M per day FCF
Today WTI $89.63 = $2.18M per day FCF

Still over $2 million per day....that's a lot of cash

OnionKing wrote: Across twitter, across this board... a couple of down days and the sky is falling.

I agree Iran deal is worrisome and Ukraine/Russia de-escalation will bring the price down..SHORT TERM...

We are finally getting demand back on track..HOLD..and buy the dips.. I am sure we hit new highs in the coming months.

$65 WTI is fine... Be patient