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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...
/ Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.
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TSX:BTE - Post Discussion
Baytex Energy Corp
> Must hold above $5.71
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•••
Snowballer
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Post by
Snowballer
on Dec 16, 2022 9:32am
Must hold above $5.71
Otherwise... well you know :/ lol
(1116)
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HighOctane89
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Comment by
HighOctane89
on Dec 16, 2022 10:10am
I don't know how much space is really available on the low end of the range , let's face it , none of these O&G stocks were every fairly valued (let alone overvalued) . Its hard to be negative on companies already trading at 2X or 3X cash flow . I know there is still hours of trading left today but I am wondering if the deals some have been looking for are even in the cards , time will
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Snowballer
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Comment by
Snowballer
on Dec 16, 2022 10:25am
Fk say goodbye all traders will exit is a high probability it's gonna get bad
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