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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 > From Eric Nuttall
View:
Post by Drifter133 on Mar 24, 2022 4:40pm

From Eric Nuttall

Love his thinking!!

With all the talk of oil co's "needing" to increase production, where do we stand? Let there be no confusion: until trading multiples re-rate from the current avg. of 2.5x back to a more reasonable 5x or higher, no Board can justify growth. Every $ of FCF should go to buybacks!

 
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Comment by deepblue on Mar 24, 2022 4:55pm
Lol..Nuttcase tweeting up a storm again when oil tanks. Dont blame him his new energy fund is taking a beating.
Comment by ceenalot on Mar 24, 2022 5:02pm
Hilarious thing DeepBlue is he has a ton more swagger and dough than you ...he's super successful and made a lot of us rich ...you on the other hand are shorting a stock that is up 15 times since May 2020 you're a piss ant and severely under water ! Enjoy that ! LMFAO !!!!!!!!! Again ...you're waiting to cover under 5 right ????? C 
Comment by deepblue on Mar 24, 2022 5:13pm
You would have the same success as Nuttcase by throwing darts at a list of 10 energy companies. You think his clients of his energy income fund are happy?? Hehe Latest short on bte since $6.50. Wake me up if it ever gets back to $6.40. LAC.t is now the play. Lmao!!!!
Comment by Mostawesomest on Mar 24, 2022 5:38pm
Yawn...my avg is .67...tell me more about your imaginary short position again...hey didnt you make the call we'd be bankrupt before we saw $1??? Wowsers!!! Fukkin nailin dem calls buddy...bahahahaaaaaaaaa
Comment by Drifter133 on Mar 24, 2022 5:14pm
ceenalot? I don't understand your reply Some pretty good responses to Eric's tweet: https://twitter.com/ericnuttall/status/1507080050243477520