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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 > Im getting frustrated
View:
Post by TheCrow on Apr 20, 2022 11:37am

Im getting frustrated

Guys....getting kinda pissed here. Share buybacks keep getting more expensive!
Comment by Maxmoe on Apr 20, 2022 12:11pm
That makes no sense. I'd be thrilled if they buy back stock at $10.  Because the stock is $10 !!!!!  I would not be happy if the stock crashed to $1 so the company could buy 6X as many shares  Makes no sense. Take a 420 break dude. 
Comment by TheCrow on Apr 20, 2022 12:38pm
Lol. I have to stop being sarcastic dont I. A 4/20 break does sound good though. :)
Comment by Maxmoe on Apr 20, 2022 1:22pm
No worries. I used to drive myself crazy with BTE and especially ATH as well. ATH sat on a huge pile of cash even 2 years ago when the stock was 18 cents and stupid equinor sold their huge block of stock to Eric nuttal and a mystery buyer. I was apoplectic they didn't buyback their own stock then. Or even more insane, their bonds, which threatened to bankrupt the company. The bonds were ...more  
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