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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 > The lack of posts says it all!
View:
Post by Unlucky13 on Nov 04, 2021 7:09pm

The lack of posts says it all!

People forget that so little is going towards debt because of massive interest costs on the loan.  We have only paid off 200 million of the 400 million due in 2024.  There is nothing left for dividends or buybacks.  We need red hot $80 commodity prices just to bring debt to 1.2 billion by Q2/2022.  This is a long haul game and OPEC will eventually crumble to Biden or he will release the SPR.  All our as*es will bleed tomorrow.  I am very concerned and worried about a 10 percent drop tomorrow.  That brings us back under $4.
Comment by Sugaree on Nov 06, 2021 8:48pm
Such a fool, where do I begin, lol.
Comment by masfortuna on Nov 06, 2021 10:51pm
You can start by placing him on ignore. Every moment you waste reading his posts is time you will never get back. He owns no shares...And if he did, he is NOT under.  By his own admission, he needs BTE at $5 to break even after buying in at $40+. Not sure how his posts help the sp increase to his apparent "breakeven" but at this point he is down less than 10% if you actually have ...more  
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