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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 Mar 22, 2024 3:46pm
160 Views
Post# 35947932

RE:Nothingmatters

RE:Nothingmatters

By the urgency and frequency of his posts you can tell he has something significant invested in this. Significant to him.  Maybe he has sold April calls at $5 strike and they ar under water and he is hoping theta burn will save him. 

Or maybe he is kicking himself for greedily waiting for a lower price in the low 4s, but that lower price never came. 

He did make a nice trade last year from the $3.70s to $6 and I saw his posts in real time.  But maybe he regrets missing the buy this time around and is hoping his posts will somehow bring it back down or at least make him feel like he's doing something which makes him feel better  


NobleHouse wrote: It would seem to me that you take great pleasure if Shareholders in BTE are down , for how long is anyone's guess.I saw your post at exiting at $6.03 , but why do you have this overwhelming need to validate yourself by climbing on the pulpit and bragging , l Told You So. Possibly a low sense of esteem makes you enjoy the hopefully temporary anxst of present owners.Takes all types to post but BTE fundies are pretty good , but a decent dividend may provide the catalyst needed.Those oil companies and ETFs that provide that decent dividend have outperformed of late.dispite volatility and manipulation of this commodity..

 

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