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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 kegmanon Jun 17, 2024 11:25am
169 Views
Post# 36092114

RE:RE:Baytex is a joke since new CEO took over

RE:RE:Baytex is a joke since new CEO took over Q1 is ancient history.  It has nothing to do with our fall from above $5 recently to our new lows of today.  Q2 will be fine.  Q3 will be even better.  Shares will be down, oil will be avg over $80 for summer months.  I just loaded up more last week on my margin acct.  Interest will be more than paid by the dividend.  There is something else going on, seems very focused on Cdn oil.  This will be above $5 after the Q2 report is out.  I look forward to the call.  My day and week trading strategy is now on hold, frustrating for sure, but I know I would rather be here than where I had been previously and was stuck for almost 2 years.  If you are that pessimsitic, short it here.  Good luck with that.  
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