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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 > If you don’t like the stock move on
View:
Post by Rolex888 on Jul 27, 2024 8:11am

If you don’t like the stock move on

Folks listen to the conference call. Management 
is aligned with shareholders. You have a
rockstar CEO and solid assets. The next 
six months will put money in your pockets.
This is a stock for the seasoned investor.
Most of the people on this board belong
in a daycare centre . 

I added on Friday and will keep buying 
at lower levels.

Comment by Nextlegup on Jul 27, 2024 5:13pm
Rolex I whole heartedly disagree with you..Management is not aligned with shareholders! I even called and  had extensive discussion with IR...The market wants them to pay down debt, yet management seems intent on buying back "equity" and passing out dividends looking to bribe investors, while they maintain one of the least desireable balance sheets in the Oil and Gas market ...more  
Comment by Rolex888 on Jul 27, 2024 5:25pm
The sum of all parts is greater than the whole. Shares should be trading at 9$ +. So they are getting 2 for 1 with buybacks. Also debt isn't due until 2026 and 2031 . And with currency valuations who  knows how much debt will inflate away.. The US shale growth is the question. I think oil stays in the 75 ~ 95 range until 2026 . Patience..... they are making peogress