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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 > BTE "little" SP rise after Q2 release
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Post by forecast123 on Jul 29, 2021 11:39am

BTE "little" SP rise after Q2 release

How discouraging !!!   BTE SP rose so little after all the endless  "pumped up"  tireless enthusiasm  of Wolf xxx  on BTE
Comment by Snowballer on Jul 29, 2021 11:41am
It was a great Q2. Pretty disapointing for sure.  I wished I had sold a chunk at $2.58 only to buy back at less than $2, again lol.
Comment by Antonyius on Jul 29, 2021 12:02pm
Ya, totally saw this coming, that's why I said a 10% jump is pretty unlikely but I was expecting more of a 5% like Cenovus today. Maybe people are waiting for the call to make their judgement
Comment by dandu1924 on Jul 29, 2021 12:10pm
The people are waiting as they did with CPG and today CPG is up about 5%. So just be patient, some investors are still on the standby because the oil sector is very unstable.
Comment by Mr.Nugget on Jul 29, 2021 12:09pm
Q3 earnings will be the same! Lol
Comment by sergio2go on Jul 29, 2021 12:22pm
Let face it. Baytex have great numbers on their latest results. But let's not forget that the current debt is still huge. Baytex is on the right track but we are still in the early stage of a journey that will last for another 3 to 4 years. Many things can happen during such time period. The market does not take for granted that the managment will acheive all of their targets. We can hope that ...more  
Comment by BayStreetWolfTO on Jul 29, 2021 12:36pm
Short-term flippers may be disappointed...but for true long term holders the management team is ahead of their plan and in fact if the share price doesn't run for you traders or short-term guys the company can buyback shares cheaper and spend more FCF on Clearwater
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