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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 FreddieSanfordon Mar 18, 2022 12:45am
222 Views
Post# 34524200

RE:Freddie, Clearwater production estimates

RE:Freddie, Clearwater production estimatesBSW ... the puzzle is complex but your line of thinking is relatively easy to follow in the manner you have laid out. 

Wasn't a chart or table (lol) but I still got some meaningful insight into what you're envisioning ... and I like it.

I think we can all agree that actual data from the company is the only truthing that matters but if the data comes out similar to what you express ... then you will be proven one savvy contributor here and all your detractors can pound sand from that point on.

I was introduced to Baytex years ago from a contributor on another thread unrelated to the energy space. Traded the chit out of it over the years... won some and lost some ... and even bag held some for a year or two and then Covid hit. My best year trading Baytex in the past I booked 100 grand clear. I have a pretty good read on how this stock moves from following it closely over many years. Covid has actually a blessing in disguise when it comes to my interest in Baytex. I didn't buy the bottom for the same fear many had ... thought the company might go titters. Kept watching and when it climbed back to the 80 cent range I felt comfortable the company would survive and as a consequence emboldened to take the generational opportunity to load up large in the 80 cent range. It's been a beautiful ride so far and I firmly believe the ride has just started from a fundamentals perspective with speculation risk lowered immensely. Clearwater is proving to be better than what anyone could have imagined back at the 80 cent range and I for one can't believe how fortunate I am to have got the timing right on this opportunity to make life changing money. Baytex ... lol ... who knew?

Anyway ... appreciate your response and brah ... it wasn't lengthy at all. Wasn't more than a minute read and then a few minutes of digesting. Sure ... maybe lengthy for so many on Stockhouse who have the attention span of kindergarten children that would rather name call or kick sand at each other but for a person like me who is just here to suss out formed opinion ... it was right on point.

The next financials release is going to be killer !!!
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