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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

Post by Poorbcboyon Jun 23, 2023 9:18pm
329 Views
Post# 35512437

Is it time to sell or hold

Is it time to sell or holdI'm new to the stock market and I realize I'm out of alot of peoples league at investing and knowledge but i would like some peoples honest thoughts on baytex. Is it a sell or hold as i have invested roughly 40,000 shares in baytex right now ( im down approx 38% now), ever since the ranger deal seems baytex is continually going down in the last 6 months and approx 60% in the last year, the banks have now given baytex a 5.50 price target,  for the 12 month period., im getting mixed reviews on the purchase of ranger, some say its a bad deal and some say it's a good deal any thoughts would be greatly appreciated 
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