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.

TSX:BTE - Post by User

Baytex Energy Corp > Lmao at traders who are caught outside again

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Comment by Snowballeron Nov 18, 2022 2:33pm

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Post# 35111201

RE:RE:RE:RE:RE:RE:Lmao at traders who are caught outside again

sounds like a terrible use of cash. GL to you as well

riski wrote: LOL, you guys think you are so clever, but what goes around comes around.

Correction: I have over 1.2 million shares. So I am down over 2.5 million from June highs. Down >144k today on a current 12 cent drop. It will probably be worse into the close. Oil is looking for a short term bottom, but I have no doubt about what is going to happen medium to long term. I think the market is on to it too given that these names are holding up so well. The days of 10% drops on every $3 oil drop are gone.

I still remember not that long ago when this moved two pennies in a day, it was a huge move. It's crazy now with it moving 20, 30, or 40 cents in a day.

Best of luck my trader friends.

Snowballer wrote: And given that, I think it's wild that people hold 100,000 plus shares and watch their account dissapear over $300k or $400k from the highs. Wild.

Cobalt wrote: What gets me is flat on almost 9 months or down on 6 months that is a lot of share buy backs days just for that performance, getting cheaper by the day , people just dont want this stuff right now.

Stockhudson wrote: sure hope they are buying back more shares with the on going sale today