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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TSX:BTE - Post Discussion

Baytex Energy Corp > Shorted at close. Classic

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Post by BayStreetWolfTO on Jul 16, 2021 4:03pm

Shorted at close. Classic

Will have to cover eventually. The game resumes Monday.

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Comment by topdown99 on Jul 16, 2021 4:09pm

Looks like algo's are trying to trip stop-loss levels and get cheap shares . Less than 2 weeks to reality .

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Comment by BayStreetWolfTO on Jul 16, 2021 4:30pm

TD, yeah that's the game...honestly all that matters for me at this point is the price of oil and my company priorities. What deepblue misses in the big picture is that the share price going down actually helps the company if by some chance they can pay down the debt to the target and switch to buyback while the price is low.. Having been on the executive side yes share price was important ...more

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Comment by topdown99 on Jul 16, 2021 5:07pm

One other bit of info prior to Q2 will come by Wed when the short position to July 15th are published . One way or another there will need to be a massive covering once earnings are released , pigs get fat , hogs get slaughtered .

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Baytex Energy Corp