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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 JohnnyDoeon Apr 12, 2022 6:39am
202 Views
Post# 34596053

RE:Why so much panic here

RE:Why so much panic here
Relaxrelax wrote: Oils high...debt getting reduced....stock will appreciate.   Pretty simple, no need to worry about what clowns are doing daily.  If you're long, believe me, we're good.

volumes in the oil patch are up pretty much everywhere. Without looking at a chart, I'd guess that most buys over the past 4 to 6 weeks are flat to down. I'm down on another chunk of money I pushed into the sector a month back, but I'm long, was adding to my positions and am well up overall. But what if I was a Johnny Come Lately? Where's my headspace? I'm probably nervous. Q1 is going to be great, but most don't understand settlement versus calendar dates and I'm wondering if the expectations are too high from the Come Lately crowd.
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