Baytex Energy Corp T.BTE

The reason BTE cant even get to $6.00 when WTI over $90...

[GotNoPension]

Would love to hear the Board's replies both serious and ridiculous

[Retiredgeo]

BTE bottomed out with the Ranger acquisition and the low in WTI ~ June 20 and loaded up on debt.  The benefits of the Ranger acquisition haven't yet shown up in the numbers.  The markets are all about the math and if the new math (Q3) hasn't been published yet then the old math (Q2) still prevails.  All that has officially changed to date is the price of WTI. It may not

[Kelvin]

Bte can easily go over $6 and beyond if they can prove that they can get over 1 million barrels per well EUR (estimated ultimate recovery) in the Eagle Ford at low break even costs. I'm guessing, so don't jump all over me, that they should be able to get break even down to at least $30 USD per barrel. How many prospective drilling locations do they have available in the Eagle Ford? Anybody

[Skylar1]

A lot of traders believe oil will drop back and it may in Oct. but when an update on the third quarter comes out we blow pass $6. never to see it again. My opinon only GLTA.

[dllscwbysfn]

Fridays are tricky so I will guess that if WTI stays at $93 we break 6 on Monday or Tuesday. But nobody knows.......

[1234bmth]

Today US market and oil are both solidly green and BTE should easily go $6+ lately oil was solid, but market was sliding almost every day. Let's see what happens.