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

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TSX:BTE - Post Discussion

Baytex Energy Corp > TD Target...

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Post by red2000 on Nov 04, 2022 10:58am

TD Target...

just before the Q3 meeting ! Again very conservative number !

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Comment by Maxmoe on Nov 04, 2022 12:23pm

Big bank analysts are followers, not forecasters. They will hug consensus or lose their jobs if they're ever wrong and get nothing if they're right. But one number caught my eye that this analyst obviously missed commenting on. Using his own forecast for the $cdn of 78 THIS year and next year. Well it's more like 73 and that's what explains the lack of debt repayment due to the ...more

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Comment by dllscwbysfn on Nov 04, 2022 12:45pm

Sure that's great if you are right.But, what if the lonnie continues to fall to say .68, that also is a bigga meatball. In the 80's when Pierre was running the country into the ground we had low .60's. Which is greater the amount of money gained from a dropping dollar or the extra amount of debt.

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Baytex Energy Corp