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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 Mar 15, 2022 1:14pm
94 Views
Post# 34515643

Everything is now in recovery mode

Everything is now in recovery modeWhat a difference a few hours make , most O&G stocks are trading at their highest levels of the day and even BIR has gone green . Most survived another BS tsunami and are surfing on to the beach because they were smart enough not to get caught on the shoreline . I tolld those cllowns yesterday to "enjoy the red ink while it lasts" because there were no fundimentals in place to support this banker induced hunt for weak retail holders . I wonder how many freaked out and triggered capital gains while being cheated from their real profits and future gains ?

Oh well , I ain't my brothers keeper , I try to impart some calm wisdom into these conversations but whether the words are put into use is beyond my  control . Still standing and still long .

Remember this quote : we'll see who's laughing in a week , a month or a year from now .


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