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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 > Baytex now 40% off the highs of early June.
View:
Post by TheWokeLemming on Jun 23, 2022 12:20pm

Baytex now 40% off the highs of early June.

Buybacks don't seem to matter much now.  And oil is still over $100.
Comment by Maxmoe on Jun 23, 2022 12:31pm
Yeah let's talk about hedges instead. Think the entire industry hedged at $120 ? Nope. Nobody hedges until prices bottom. Or is it prices bottom when everyone hedges?
Comment by JamesT on Jun 23, 2022 12:45pm
Quick math @ $5.54  it is 40% off its high. It needs a 65% increase to reach its high again.
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