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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 > AMAZING BUT??
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Post by riddler on Jul 28, 2023 3:56pm

AMAZING BUT??

The rise of the SP today has been incredible with huge volume on the NYSE and TSX. We were at $3.90 about a month ago. Report was strong but is something else up?? Nevertheless, a great day. GLTA
 
Comment by uwebb429 on Jul 28, 2023 4:27pm
$3.90 was an irrational beat down. It happens. It was a great buying opportunity. Now that the Ranger merger is complete, investors are starting to see the bigger picture. The Q2 results only included 11 days of Ranger production. Imagine how Q3 and Q4 will look with these companies fully integrated? At $80 WTI, those Ranger assets will be contributing record cash flow. Raymond James and their $5 ...more  
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