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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 > New Lows. I Have So Much Peace Not Being In This Right Now
View:
Post by Snowballer on Mar 09, 2023 3:03pm

New Lows. I Have So Much Peace Not Being In This Right Now

Din't buy into the same old song and dance. BTE hitting new lows.  wow. At some point you just feel sorry for it.
Comment by HighOctane89 on Mar 09, 2023 3:27pm
Greager has destroyed this company for years to come , if Biden gets his way and they crash oil prices , bte can't handle the debt overhang and the shorts will rerun the devaluation seen back in 2017-20 . If the deal was so good or this was a smart move the market wouldn't be crushing the price . I can see this going back to $3.00 , maybe lower since any pay off is half a decade away .
Comment by Snowballer on Mar 09, 2023 3:29pm
Absolutely if oil crashes (and demand fears will crash it at some point this year)... BTE easily $3.50 I think.
Comment by Stalkhouse on Mar 09, 2023 3:44pm
This post has been removed in accordance with Community Policy
Comment by David01montreal on Mar 09, 2023 3:59pm
This post has been removed in accordance with Community Policy
Comment by Stockhudson on Mar 09, 2023 9:56pm
are we being held down for a take over??      or are we just being played!      cant believe where we are!   Maybe Max was right to get out    
Comment by Snowballer on Mar 09, 2023 10:00pm
BTE is not saleable... in aquisition purgatory and if deal goes through no one wants the debt.
Comment by Cobalt on Mar 09, 2023 10:45pm
Debt, when it is risk off like today market does not want debt and man was it risk off, good old fashion bank run may be underway. Cant believe nobody saw this coming fist the crypto bank now silicon vally venture funding how did nobody see this it is so obvious now. We could really use a weak jobs number tomorrow fun times "Silicon Valley Bank scrambles to reassure clients after 60% stock ...more  
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