Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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.

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Baytex Energy Corp > Ho hum

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Comment by BayStreetWolfTOon Jun 22, 2022 2:00pm

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Post# 34774698

RE:RE:RE:RE:RE:Ho hum

Agreed woke...but isn't everyone looking for a quick buck nowadays...tough to find longs these days...changing times.

TheWokeLemming wrote:
That I agree with you on BSW, especially if they voted for Trudeau and have come to this party looking for a quick buck.

BayStreetWolfTO wrote: Correction Woke, I think we will hold "educated" small players.

For instance you look at all the data....and make an informed decision....there are many smaller retail players out there that stick with emotions...those are the ones we lose.

TheWokeLemming wrote:
I prefer the big players feeling the pain instead of the small players who get taken out due to the manipulation. As a small player I never try to overextend myself or hold when I know I'll need upcoming cash. This allows me to wait for the manipulation to end. The impending doom is being overblown to fleece the retail investor. Watch for the pundits to go back into positive spin mode soon.

BayStreetWolfTO wrote: Yes boring....just another day of cheap buybacks eliminating some shorts and smaller players forced to liqudate.

Rates going up...this is new to most younger people.

Yes stronger USD....but most don't understand the F/X impact...great on the income side

On the liability side hold fcf in credit facility in CAD and look for a good shift in F/X on debt side. Clear last LTD note in April 2023...see F/X at that point (after Democrats lose mid-term)

Maxmoe wrote: Another day over $100, another day producing 80,000 barrels = another day of revenue of $8 million USD. Yesterday? Another $8 million. Tomorrow? Another $8 million. Annualized? Yuge near $3 Billion. USD baby. What's that $3.7 Billion cdn ? Anyone notice C$ way down lately? Yuge cashflow. Yuge debt paydown. Yuge stock buyback. And eventually.... a nice little divy.