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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

TSX:BTE - Post Discussion

Baytex Energy Corp > BTE trading today
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Post by 1234bmth on Aug 18, 2021 12:56pm

BTE trading today

It looks that market is shorting BTE and buying MEG today. BTE is not holding like yesterday so far, we will see if the trend changes in the afternoon.
Comment by BayStreetWolfTO on Aug 18, 2021 1:23pm
A couple drivers I would suggest include WTI coming back down to the $65 level (this is also what I have been using for my Q4 estimate forecast on debt etc. People still don't understand the amount of FCF in this sector at $65...that said I am ok with the drop to $65 for several reasons including (OPEC + will not have to debate production increases any time soon, companies still make a pile ...more  
Baytex Energy Corp
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