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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 > This is Canada specific
View:
Post by TheWokeLemming on Jun 23, 2022 12:07pm

This is Canada specific

Look at Exxon.   It's down about 10% since Fed announcement of June 15.  Makes me wonder if Trudope is bringing in a tax.   Clearly somebody knows something.
Comment by BayStreetWolfTO on Jun 23, 2022 12:09pm
Right now lack of liquidity....can see in the data. look at my prior post on house change....nothing material. I will repost
Comment by HighOctane89 on Jun 23, 2022 12:27pm
Thats it in a nut shell , buyers have gone on strike and fear has the sheep running in circles . This is getting concerning when you consider tomorrow is Friday and the market will be riding the chicken switch all day . Too late to sell now 
Comment by 1condor on Jun 23, 2022 12:52pm
TheWokeLemming...this drop has nothing to due with Trudeau. Its all about market rotation and a sector that everyone thought could ride out this downturn virtually untouched...not a chance. The oil and gas sector was due for some heavy profit taking...just look at those returns over the past couple years...you would have to be an idiot not to take some profits into that type of run.  On the ...more  
Comment by TheWokeLemming on Jun 23, 2022 12:55pm
So why isn't Exxon seeing the same profit taking?   Explain away ....
Comment by Nothingmatters on Jun 23, 2022 12:57pm
Hello woke, you are a clown
Comment by masfortuna on Jun 23, 2022 1:03pm
Again no...but you are entitled to your opinion.
Comment by BayStreetWolfTO on Jun 23, 2022 1:36pm
1Condor, I agree my thoughts are this is market rotation.... Tech guys scrambled while tech was falling like a knife....many in retail jumped to energy @ $120 oil when the media kept talking $150 oil.....they figured a quick buck to be made here and jump back into the bottom of tech So they bought from 6-9 flooding in....only to realize with the Biden clan SPR and China going through some ...more  
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