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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 > i'm out
View:
Post by JohnnyDoe on Dec 04, 2024 10:37am

i'm out

sold my bte position today ....didn't like the budget.... 1.2 - 1.3 capex to stay flat at potentially 65 wti ....too much debt 

my yahoo finance app pinging me today telling me about 3 o & g stocks hitting 52 week highs and 1 hitting a 52 week low .... 

i stubbornly hung on and it was a mistake
Comment by dllscwbysfn on Dec 04, 2024 10:43am
I got out about a month ago. I also held to long. If she goes low enough though I might trade it. I will never hold this stock going into earnings reports as they pretty much surprise to the downside every time.
Comment by Frank007 on Dec 04, 2024 10:55am
sorry I am making nothing but $ trading this one daily the crooked yankies are suppressing the oil price so you can only hold a beach ball under water for so long .demand is over 103 milion barrels b per day now and growing and you sold out ..or rather got pushed out oh well such is the game lol
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