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 > Oil traded in line with Q4 guided baseline.

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Post by HeavyBanana on Dec 18, 2024 9:55am

Oil traded in line with Q4 guided baseline.

While the stock price has been hammered on tax loss and the trading pressures created there from, Q4 is going to come out pretty stellar like Q3 did so price recovery will be brisk, imo.

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Comment by dllscwbysfn on Dec 18, 2024 10:31am

I am not sure what their baseline was but it looks like WTI prices will be about 6 bucks lower in Q4 compared to Q3. You also have loonie below .70 which I believe will be very bad for Baytex, I know you think its just optics. Lastly Q4 earnings will not come out until March. Thats a long time to wait.We will see early in the new year how much share buybacks they do which will give us a clue as to ...more

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Baytex Energy Corp