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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 > Actual value is same as vet but trading at 1/4 the price
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Post by Kvman44 on Mar 24, 2022 1:54pm

Actual value is same as vet but trading at 1/4 the price

The main fear with bte is that the oil price recedes before they get their debt down.If oil stays above 80 a barrel which it should unless a recession kicks in bte will be at 14 after 2 more quarters.Profit takers aka short term speculators dont care that summer coming that oil demand will surge oil to new highs but I do.Buy now before it runs like it should have already
Comment by Cobalt on Mar 24, 2022 2:07pm
VET was my last add looked at most, little better free cash flow but higher PE 3.8 BTE 2 PE , they should track going forward cheers
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