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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 uwebb429on Jun 20, 2023 3:30pm
193 Views
Post# 35505896

RE:Did Not Nuttal Sat BTE Was A Screaming Deal???

RE:Did Not Nuttal Sat BTE Was A Screaming Deal???BTE is a screaming deal. Every time I think of buying some more shares, my wife screams at me!

I think the market would notice if Eric suddenly dumped 10 or 20 million shares with a plan to buy them back in a week or a month. Hard to be a successful day trader when you manage a $2 billion dollar fund. Eric most recently added some more BTE shares. He believes that once the negative oil and gas market sentiment passes, BTE will go up and up. I agree.

Hopefully you learned that even smart people are not very good at predicting the future price of oil. It is a commodity that always goes on wild rides up and then crashes back down. Worldwide demand continues to increase. Not sure when the next wild ride up will begin but that is the fun of this game.

Think long term. The only regret you will have is not buying more shares when you had the chance.  
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