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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 Jul 06, 2022 1:48pm
112 Views
Post# 34805673

RE:Funny, in a sad sort of way

RE:Funny, in a sad sort of wayRecall Q1 average pricing was $95 and were record quarterly results for the industry. 

The sad part is unlike us old guys the market now is filled with younger gen looking for the two week flip

People argued with me when I said the board was filled with flippers and chart guys....I think I have been proven to be right this past year.

I think what was also proven is board's like these don't drive the price the big guys CITI and JP do...

So I come back to there are some that are idiots that flip and some that flip and trade the charts that aren't disrespectful to others. Just a matter of how you live your life.

For most of us I doubt any of it changes our opinions or thesis.


balducci wrote:

https://twitter.com/OtterMarket/status/1544423481701330945?s=20&t=MlFwCWYaWko5JXlwIcGBaQ

1 year ago: "If oil gets to $100 we're gonna be stupid rich"  

Today: "Oil is at $100 and I'm getting margin called"
 



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