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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 > CLEARWATER
View:
Post by Hotshot85 on Jul 08, 2021 9:24am

CLEARWATER

something that keeps getting missed here is that according to the 5 year plan laid out, its excludes the clearwater asset they are currently evaluating and developing. look at what the Stockprice for HWX did when they announced a Clearwater ACQ. you are getting a free option on what is one of the cheapest most profitable assests in NA. and it's not baked into the stock price at all.
Comment by topdown99 on Jul 08, 2021 10:04am
Very true Hotshot , the market is shaking the tree today to see how many nuts fall out . WTI is still trading above $71 and nat gas is $3.61 , doesn't seem like any reason to sell (to me anyways) .  The sky is not falling , wait for the EIA report at 10:30am to calm things down . Shorts are looking to trigger stop loss levels for those suckers that are margined to the hilt . In three ...more  
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