Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > Eye test

View:

Post by Unlucky13 on Apr 06, 2022 9:42pm

Eye test

BTE is down 80 cents this month. It keeps failing the eye test. Biden wanted to tank oil and he has. More pain to come and if war can't keep oil above $100 nothing will. There are no catalysts to move oil, demand has topped and is dipping with Covid still raging and North America is ramping up production. Nova Scotia is building a massive offshore oil well. OPEC will let it's cuts expire. I think oil goes back to the $80 range and this means a sub $4 BTE. We all missed the sell signal at $6.60.

136

Comment

Comment by bigstar10 on Apr 06, 2022 10:04pm

First time I agree....with dyck head, I'll buy at around $4, meanwhile short

Comment

Comment by 1234bmth on Apr 06, 2022 10:17pm

Unlucky 13, I missed the sell signal because I believed that BTE is undervalued even at $80 oil and I still do, that is why I am not selling, but makes no sense that you missed the sell signal. You never believed on oil and BTE that will go up you were keeping saying that it is going down and still holding what a joke. If I believe a stock goes down, I'll sell it right a way regardless ...more

159

Comment