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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 > 5.2 million barrel draw
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Post by Unlucky13 on Oct 13, 2021 9:22pm

5.2 million barrel draw

Oil has bounced but not dramatically with the API.  If the EIA data's isn't able to back the API draw watch out below.  Seems like a yawn by the market.  $80 oil is about $3.65 for BTE, it's going to take $100 oil to get to a $5 share price.  At $60 oil this stock is back under $2.  I think after all the noise form the Hurricanes and oil spill we settle back down to $65 oil, ours is back to $2.50.  I think there will be massive tax loss selling until Christmas and short selling and we won't get to $4 this year.
Comment by BayStreetWolfTO on Oct 13, 2021 9:45pm
Keep trying to stir the negative sentiment...its not working shorts are getting burned...just look at the chart and short report
Comment by BayStreetWolfTO on Oct 13, 2021 9:46pm
WTI $80+ Don't get caught in others games. Unlucky13(539) User ActionsJuly 18, 2021 - 11:31 PM 75 Reads Post# 33567661 F * @ k Baytex Oil is down a dollar now. $1.99 tomorrow. What a complete dumpster fire. F * % k me. All I do is lose money with this dog. Fundamentals should rule your decisions. The shorts and environmentalists will stop at nothing to distract you. Always be cautious use a ...more