Baytex Energy Corp T.BTE

Great to see Rod! - Clearwater well payout in 60-90 days

[BayStreetWolfTO]

Baytex continues to do a GREAT job communicating!

Baytex CFO "At current pricing these wells payout in 2-3 months.

Very strong interview! Rod is excited. Great to see him in front of the camera as well!

Time 8:45

NOT BUILT INTO 5-YEAR PLAN! MORE TO COME!

Reference:
https://www.bloomberg.com/news/videos/2021-09-29/vermilion-s-glemser-baytex-s-gray-on-canadian-energy-market

[Wildfury]

Awsome post Mr. Wolf, watched the video and I'm very impressed by Mr. Gray's comments, well spoken. If I didn't know any better I think you Mr. Wolf are actually Mr. Gray in sheep's clothing lol. Let's hope that a major stock market correction is not in the cards to derail this energy push.

[Snowballer]

I sure hope they're not the same person... That would mean Gray is doing nothing but posting on Stockhouse all day lmao.  And don't kid yourself, I think a MASSIVE correction is coming. MASSIVE. But I too am hoping BTE runs to $6+ before that. But could be sooner like by Oct.18th :/

[JohnnyDoe]

A massive correction in what? Oil stocks relative to historical value? Price of oil crashing and stocks with it?

[masfortuna]

Why do you think a massive correction is coming? You mean in the energy sector?  Unless oil drops back to the $60 dollar level, I don't see a "massive" correction.  Care to explain?

[Wildfury]

I don't see a major correction in energy, its the market in general, close to record highs, covid still a problem, inflation worries, supply chain problems, shortage of workers because too many people are spoiled with free cash and don't want to work. I hope it doesn't happen but you have to admit that it just looks a bit to easy now for people that own energy stocks. Don't be

[Snowballer]

I agree and that's the massive correction I see coming... the general market/indexes. We had a whole stockhouse discussion the other day on weather or not energy stocks would be part of the crash.  Some here don't think so but I do.  Because give a massive correction and depending on what or who the catalyst is (like China's real estate bubble) I think the oil price would

[Snowballer]

Should read "whether" not "weather" lol

[BayStreetWolfTO]

I can guarantee that's not me. I retired a long long time ago from O&G. I really like the CFO though. Well spoken, smart and strategic. I keep saying they have a great team!