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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 Unlucky13on Mar 15, 2022 8:22am
140 Views
Post# 34514265

$4.87 Premarket

$4.87 Premarket What a piece of junk that fails the eye test and walks like a sideways duck.  You have to be kidding me.  $4.87 Premarket?  Why is this stock punished at the first second of an oil collapse?  It's down $1.80 in 3 days.  Unbelievable. Just pure carnage.  Time to sell everything and walk away a loser.  I can't believe it.  I should have sold this clunker last week above $6.  We will never get to $6 ever again.  I can't believe this piece of trash is allowed to trade with price swings like this.  Not an investment but purely a speculative piece of trash.  Shouldn't have listened to all the talk about $7 by spring, who are we kidding, this is Botox not Baytex.  This is getting ugly, $50 oil possibly this year.  I hope Wolf has his $50 FCF prediction ready for the yearly payout.  Forgot buybacks now, it's all about survival.  I won't be surprised to see oil tank into the $50 range within a few weeks.  Is anyone else frustrated with how slow to the upside it moves but how devastating it gets beaten to the downside?
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