Bullboard - Stock Discussion Forum 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... see more

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Baytex Energy Corp > We still making good money

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Post by Goose15 on Jan 29, 2021 4:56am

We still making good money

Yup remember after $45 per barrel we make money plus financial are comming so is when all those MF shorter start to play with the price and speculation

just hold and wait

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Comment by Unlucky13 on Jan 29, 2021 7:45am

Wall street bets or Robin Hood is not coming to save Baytex. The short percentage is 15 million shares, they exist and survive at $45 oil, they can operate but they can't pay off debt four years later at $45 oil. They owe $500 million in 3 years. Oil needs to much higher than $52 for the stock to go up. That's why it's a 79 cent stock at $52 oil. There ...more

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