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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 BayStreetWolfTOon Mar 17, 2022 1:24pm
91 Views
Post# 34522517

RE:RE:RE:RE:RE:RE:Bte is a pony

RE:RE:RE:RE:RE:RE:Bte is a ponyThat was your hour blast....ok lunch is done....back to work lol

Nothingmatters wrote: It will trade sideways for a little while..
Nothingmatters wrote: Many factors like profit taking, downtrend news, political appeasement. Mid march to mid april always a downtrend. It will go up big time in May and June which will be the top till September... but my crystal ball is broken...
Cobalt wrote2: You got nothing , so why did it drop?

Nothingmatters wrote: The same reason that made it drop from 6.60...
nikolaos wrote: Why would it drop below $5?  April 28 is a month and a week away until they report q1, of which they will pay another $1** million+ off debt, increase their production over 2021 production, implement share buybacks and most likely be rerated at a more current average wti price as opposed to the value of $65 oil average last year.  This is a buy and hold til debt targets are met by their guidance. Oil price swings up and down mean nothing until they are sustainably higher or lower for a longer period of time. 

 

 

 




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