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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 riskion Mar 09, 2023 4:57pm
302 Views
Post# 35329198

RE:Where's riski

RE:Where's riskiHa I'm here and adding today, but I've only just reached1.3 million shares....and not selling a single one.

In this subdued oil market, this is a $7 stock. With proper oil company valuations, north of $9. With $100 oil, well we will be looking a double digits...more than double from here for sure.

These are the days that are the hardest to buy. But the hardest days are the days where the most money can be made.

Nobody said it was going to be easy, and it never goes straight up.

Sometimes you have to ignore the price action and know what you own. BTE is making tons of cash at this price. The Ranger acquisition is taking time to work through the weaker shareholders resulting in some chop, but we are very close to the end of that with the last remaining doubters selling off, many of them saying goodbye today. 

Patience my friends! You will be well rewarded for it. 

HighOctane89 wrote: Didn't riski say he/she had 3 million shares ? That means riski lost $600,000.00 (so far) today alone 


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