Baytex Energy Corp T.BTE

$3.00 by Driving season!!

[Owlseye1]

Fundamental have improving drastically at this rate we will get there with a little luck!! GLTA

[Stockhudson]

hoprfully 2.00 is coming first    one step at a time    but it sure is fun to see this run  and nobody is buying my shares   I have struggled through the bad times  I am waiting for $-------   glta

[ManitobaCanuck]

Correct  Always remember you are here for  multibaggers not pennies and percentages.  The Tech stocks have gone up 5x/10x ,its the oil sectors turn now to be a cashflow machine with those oil prices. Keep holding till 5$

[GotNoPension]

Thanks for the reminder.  when you've been down a year's salary and holding a heavy bag for so long, easy to want to sell at par. 

[ManitobaCanuck]

True thats when you repeat  ,   AM HERE FOR A MILLION NOT HUNDRED OR THOUSANDS . I had this feeling often to sell and run , I bought Very good food company at 13cents pre ipo.It went to 2$ and had this urge to sell . Didnt sell for a month, went to 6$ ,Sold everything and then a month later it went to 9$ . Lol ,its more painful to see a stock you bagheld for years and then sold at

[sergio2go]

Couldn't agree more. On top of that, Baytex forecast an increase of 23m for every additional $ on WTI. Since their breaking point is at $45, image the increase at $ 65. Cashflow should reach 450M/year ( $20 X 75,000 BOE X 365 days minus 95M royalty). Imagine now a Baril at $85...That seemed impossible a month ago but realistic now. We could end up with $1B of cashflow. Imagine Baytex debt free

[Unlucky13]

Only $13 million after $52 because of hedging.  Get with the program.  Your numbers are off because of the hedging.  They really handicapped themselves.

[ManitobaCanuck]

Unlucky my friend rewind and repeat when you get negative thoughts and pass comments like this . Only 50% of production is hedged . Let me remind you to rewind and repeat . 1) AM HERE FOR A MILLION NOT HUNDRED OR THOUSANDS . 2) I WILL NOT NEGATIVE THOUGHTS OR PAST LOSSES CLOUD MY FUTURE TILL BAYTEX GOES TO 5$ AND I MAKE A MILLION   

[Traderx11]

Wrong.  Look at the presentation.  for ever $1 wti $22 millionexcluding hedges, plus $20 million including hedges.  it's literally on their presentation.  So dumb

[1234bmth]

In March presentation it is clearly stated:  $60 WTI = $300M FCF $65 WTI = around $365M FCF and I think this is a conservative projection, they don't want to fall short of their projection. now all depends on oil price to which direction SP will go and to what magnitude. my opinion is: If oil stays at current level, BTE will reach $2.50 to $2.75 by Jun or July, but if oil goes more up SP

[Owlseye1]

I feel it won't take that long. This is going to rocket higher with people try to get in on the OIL action!!! PERFECT CANADATE!!!

[Unlucky13]

48 present is hedged.  It's $13 million per dollar after $52. Right on their page dude.  Over $52 they lose almost $9 million for every dollar above.  They made a huge mistake hedging.  It's finishing funds form operation above $52 because sod the ridiculous hedge price they locked in.

[Unlucky13]

Please reread how much they make after $52, to are wrong, it's not $20 million on the oil barrels, it's only $13 million.  Serious investors please confirm.

[Traderx11]

https://www.globenewswire.com/news-release/2020/12/02/2138721/0/en/Baytex-Announces-2021-Budget.html

[Unlucky13]

$75 million at $45 oil, $23 million from $35 to $52, and $13 million afterwards on 48 percent, facts.  If oil averages $60 that's about $300 million but if oil averages $80 it's only $500 million.  They are leaving lots on the table here.

[Snowballer]

the only person who left money in the table was you. :(

[sergio2go]

Finally, you admit that they make money over $52 instead of a loss of $9. 

[sergio2go]

Finally, you admit that they make money over $52 instead of a loss of $9M per $ of increase.

[Unlucky13]

You are twisting numbers, they lose $9 million a barrel because of hedging on 48 percent of their barrels right now!  They made a big mistake.

[Traderx11]

Look at the 2021 presentation I just posted bozo.  Pathetic how bearish you and you have money invested.  Just stop talking, you really are a fool. 

[Traderx11]

They will use to pay off debt by 2022 $20 isn't impossible.  Once investors start flocking. Keep in mind $1.50 is still to low for institutional investors to get involved.  it will come.  just keep $60 wti and we are laughing. $55 will be fine too.