Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by riskion Mar 13, 2023 5:13pm
639 Views
Post# 35336039

Mama said there'd be days like this

Mama said there'd be days like thisTough day for the share price, but not for the company which continues to make tons of cash.

WTI near $75 with CAD/USD at 0.72 translates to a CAD WTI price over $100 as it has averaged all year so far.

In times like these, it's important to focus on the things that matter. Know what you own. The share price will gyrate and we all know it's not fun when it goes down, especially a lot, but this is part of the game. But also remember how much fun it is when it goes up. Intoxicating, especially when you have a lot of shares.

Understand the long term value to make good decisions/non-decisions.

Down again today but now tremendous value for 150k+BOE with profitability down to $41 WTI. Insiders recently bought millions worth at a price 15% higher than here to give you an idea of this deep value opportunity. 

Be brave. Be patient. You will be rewarded!


<< Previous
Bullboard Posts
Next >>