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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > WTI $70...
View:
Post by DrNo1962 on Jun 08, 2021 2:31pm

WTI $70...

The last time WTI was ~$70.15 BTE was ~$3.
Comment by DrNo1962 on Jun 08, 2021 2:33pm
I do not understand current metrics and relentless selling at these prices given price of oil.  Makes no sense.
Comment by Bubba1 on Jun 08, 2021 2:39pm
Need to be patient. Easy double from here!
Comment by Unlucky13 on Jun 08, 2021 2:46pm
You clearly are new here.  BTE went from $50 to 28 cents.  It's going to be way harder to go from 28 cents to $50.  People are leery and fearful of oil companies because of the destruction that happened.  No one trusts the price of oil and electric is coming.  There are very valid reasons why BTE is $2 at $70 oil.
Comment by arizonabound on Jun 08, 2021 3:13pm
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