Baytex Energy Corp T.BTE

Baytex is a joke since new CEO took over

[GotNoPension]

And destroyed share value with garbage rigged back door deal buying US shale garbage.  We've been HAD Longs!  Time to vote this Loser out. Baytex was a shooting star under previous CEO before this obvious shady shenanigans deal.  Baytex can't even hold $5 anymore nevermind $6 or $7 /$8 where it was at in 2022.  Let's take out the trash and get a new honest CEO already. It's obvious Nutella knows what really went down but doenst want to get sued so can't say as much.. baytex used to be a proud Alberta company...now just some American's whipping boy.  Board need to oust him.

[Hellboy1]

I agree with everything you said,nutbar can't come out and say anything bad about whats going on he's got to much skin in the game.sp would tank.I'm sure nutbar and ranger and most of investers can't wait to get out of bte.                                             

[Trader60]

Agree. To be fair, the decision to buy the US shale play would have been approved by the BTE Board of Directors (BOD). The CEO reports to them but, would have laid out the reasons for the BOD to approve the purchase - it lays at his feet. Too much debt, too many shares and too many unkowns surfacing at each quarter.  Yes, I understand that CAPEX is heavily weighted in Q1 and Q2, but to use

[kegman]

Q1 is ancient history.  It has nothing to do with our fall from above $5 recently to our new lows of today.  Q2 will be fine.  Q3 will be even better.  Shares will be down, oil will be avg over $80 for summer months.  I just loaded up more last week on my margin acct.  Interest will be more than paid by the dividend.  There is something else going on, seems very

[Zamboniboy]

I totally agree, I've been in baytex for approx 3 years, waiting for the payday. BAYTEX CANT EVEN HOLD $5 FOR A WEEK, WHEN IT DOES NEXT DAY IT DROPS 8-10%, i sold my shares approx a month at a 24%( 40 grand which is a lot of money for a small time boy) lose, but I gained my lose back in a week I put into HNU, sometimes you have to take a lose to get a gain, every one preaches patience but you

[dandu1924]

but HNU  is down 7.5%  today, not so nice to see.

[NobleHouse]

BTE is unfortunately a serial over promiser and a serial under deliverer.They buy when they shouldn't , and don't buy when they should .It's a shame that there are some very nice posters here who are just diehard groupies hoping for a second coming.Sorry God doesn't care about BTE and a hope and a prayer is , shall we say , not a very good investing thesis.I have been there and

[CocoBongo8]

The sunshine and rainbow deck of June is looking promising, however those storm clouds filled wif Texas vortex, could cause a rip in the price action. Maybe he'll get a golden package so that to mape way for the replacement guyz.