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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 Oct 26, 2023 6:47pm
164 Views
Post# 35703184

RE:RE:RE:RE:Glad I sold in the $6’s

RE:RE:RE:RE:Glad I sold in the $6’s

I'm up to $0.71.  Yes averaging up for quite some time. Over 1.3 million shares.

I like this name more than ever if oil can hold above $50. 

HWX and MEG also cruising right along. 

What a beautiful energy bull we are in. I'm grateful for the opportunity, and I extend most of that gratitude to the greenies who made it possible. 

"Oil is dead" - Elizabeth May election debate 2020. 

"Oil is uninvestable" - Jim Cramer 2020 (also several investment managers saif this to the press in 2018-2020)

Thank you to all those who fell in love with a story (imminent energy transition, EV takeover, endless easy oil supply) and couldn't be bothered or didn't know how to do the math. They created this generational opportunity 

 

Snowballer wrote: That TFSA position is low $5's so if we get a run to $8 or $9 that will be a sell. What is your average now Riski?? I know you've been a long time buyer. You still under $1??


 

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