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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 > Institutional Holdings
View:
Post by ManitobaCanuck on Nov 02, 2021 8:01pm

Institutional Holdings

I was thinking of moving a mill from my holdings to a wealth manager who works through Canaccord .   He looked at my portfolio and saw the massive holding of BTE and ATH .
He commented that you are smart to have bought it under 75 cents and they have been buying it/recommending to their high networth clients since June 2021. This probably explains the increased instiutional holdings as shown by AnalystGrimes . 
The generalists seem to be slowly dipping their toes in and we might see another double/triple from here . Lol

Every 40 cents rise in this or a 10 cent rise in Athabasca Oil ,  buys me a Tesla Car .
Life is Goooooooooooooooooooooood .
Comment by Relaxrelax on Nov 02, 2021 8:18pm
Why would you move money now in the beginning of an oil bull market unless this guy is going to invest in energy for you.  Wouldn't it be better to just put it in an energy fund like ninepoint or canoe?
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