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 > Sellers about to have regret

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Comment by Cobalton Sep 07, 2023 1:54pm

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Post# 35624523

RE:RE:RE:RE:RE:RE:Sellers about to have regret

Adjusted for inflation you need a 36% move higher just to break even $7.67 opportunity cost sitting here for 7 years is another ball game.

1234bmth wrote: What do you mean by investors, you may mean being lifetime in one company's shares, I am in BTE for 7 years and initially I bought it around 6.25 ish and now it is 10% lower than 7 years a go while most other oil stocks are from double to 4 times in this 7 years time frame. Yes, I made a mistake to not sell it last year when it hit $9 I admit this mistake, because I had a target of $12

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