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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 > Great news for Oil and BTE. Rig count change immaterial agai
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Post by BayStreetWolfTO on Jul 02, 2021 1:43pm

Great news for Oil and BTE. Rig count change immaterial agai

Rig count change immaterial continued supply decline

Rig count change immaterial at only +5. This will result in further supply crunch and positive pricing.

Enjoying WTI @ $75 today.

Lots of positive data points continue

Reference: https://rigcount.bakerhughes.com/rig-count-overview
Comment by 2021Gamble on Jul 02, 2021 1:56pm
actually...this is why you shouldn't be hogging the board, and keeping the ones with knowledge and insight away... the rig count stayed the same last week; with oil rigs down by 1, and gas rigs up by 1 https://oilprice.com/rig-count more importantly.....the frac spread was down by 3.... so....get a life....
Comment by BayStreetWolfTO on Jul 02, 2021 2:15pm
Always focus on the details. Data points and analytics are important. Per your link: Weekly change +0 Updated 25th June Which is old
Comment by 2021Gamble on Jul 02, 2021 2:23pm
if june 25th is "old"...why did you talk about the information from 2 weeks ago... June 25th is "CURRENT".... because....July 2nd... won't be posted until next week... ONCE AGAIN YOU SHOW YOUR IGNORANCE OF THE INDUSTRY
Comment by BayStreetWolfTO on Jul 02, 2021 2:25pm
You really should complete you DD and follow the link https://rigcount.bakerhughes.com/rig-count-overview
Comment by BayStreetWolfTO on Jul 02, 2021 2:30pm
Oilgamble, respectfully you should probably just ignore me. You seem to know the industry so probably don't need to read my posts.
Comment by topdown99 on Jul 02, 2021 3:28pm
2021Gamble , we love your input and positive vibe but the wolf seems to have his fan base too . Use the ignore button if it all bothers you that much but whatever you do , don't leave the site . We're all in this together whether we like it or not so lets all just get along , sound good ????
Comment by topdown99 on Jul 02, 2021 3:34pm
And I will say this , I have my money backing up my views . I am holding 100,000 shares that I have no intention of letting go any time soon . This is a winner and I'll either prove the peanut gallery wrong or I'll go down in flames .  I'm all in with my sellect few and I sleep sounder than Larry Berman every night . I only answer to me and personally , I like my odds
Comment by GABY51 on Jul 02, 2021 3:55pm
ton target en  dcembre  merci
Comment by dandu1924 on Jul 02, 2021 4:08pm
110K  BTE, my target price is $5  by december 2021 but waiting until touching $8 to $10 in 2022 and get  1 million in the  pocket. 
Comment by Stockhudson on Jul 02, 2021 6:38pm
you really think 8.00   wow   that woule make me AWFUL happy
Comment by dandu1924 on Jul 02, 2021 7:26pm
Just looks back the chart  and  you will get  happy.
Comment by Stockhudson on Jul 02, 2021 3:57pm
me to     I sell my first 1000 at 2.94  then   we wait till 3.94  patience    GLTA
Comment by topdown99 on Jul 02, 2021 4:18pm
Not a chance I sell one share below $3 . At $3 and higher I have $150,000.00 of extra buying power not that I am a fan of margin trading . It does however open many short term options and potential which terrifies Canada's big 5 banks . Once they loose control of O&G pricing , their trading desks will be swamped without enough fingers to plug the dyke .  Bay St's biggest mistake ...more  
Comment by JohnnyDoe on Jul 03, 2021 8:02am
July 2nd rig count data OilPrice.com: Oil And Gas Rig Count Jumps As Oil Nears 3-Year High. https://oilprice.com/Energy/Energy-General/Oil-And-Gas-Rig-Count-Jumps-As-Oil-Nears-3-Year-High.html
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