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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Baytex Energy Corp > Was hoping for $76's on oil but only got $78's last week.

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Post by Snowballer on Aug 20, 2023 8:52pm

Was hoping for $76's on oil but only got $78's last week.

Maybe we'll get lucky yet. See if BTE can finally recover that $5.43 ground?... My buy range target last week was $5.04 to $5.17 (as posted) but we got to $5.21 only. Not bad for a call I'd say (4 cents from the top of the range) but nice to have my FOMO position in the green and would welocme a surprise upside rally just as much as I'd welcome more downside.

Got the three stooges on ignore and will happily add to the list of empty vessels. Got a few more in mind but for now the board is relatively clean for me. A nice change of scenery.

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Comment by Kelvin on Aug 20, 2023 9:54pm

Snowballer, Given that the markets are forward looking I'm expecting $9 by the end of this year. What's your opinion. The reason that I think that is that the markets haven't yet fully factored in the growing manpower shortage and there will come a time in the near future where the flattening supply curve will not be able to track the growing demand curve. There was an article in ...more

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Comment by GambinoB on Aug 20, 2023 10:21pm

Lmfao You wont get an end of year opinion from snowshoe lmfao Guy cant even hit trading range and your asking end of year Call you local weather guy. Better odds Lmfao

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Comment by Kelvin on Aug 20, 2023 10:58pm

Ok Gambino, Yeah I'm just learning who is who on this board. Anyway I see a steady ride up from here but not sure. Got all of this Dr.Doom Roubini recession talk gojng on. US economy gonna crash and stuff. It was supposed to have happened by now. Evergrande filed for Chapter 15 bankrupcy last week and the markets didn't even blink. Almost as if the markets had already baked it in.

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Comment by GambinoB on Aug 20, 2023 10:19pm

Lmfao Guy is clueless trader. Learn from the pros up and dowm not some amatuer Talking about 4 cents lmfao Snoeshow couldnt trade the range if it smacked in the head Where is the sidekick clown kobe millionaire Lmfao

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