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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 > Where every other stock is flying
View:
Post by Nothingmatters on Jan 07, 2025 11:06am

Where every other stock is flying

Bte is stuck. Why it is stuck because I think 3.50 it is btes fair vlue.. 800 mil sares out there what do you expect
Comment by MLEWICKIMBA on Jan 07, 2025 11:53am
6.00 is it's fair value  1. WTI ok 2. WCS good 3. Light oil good 4. NG improving 5. Credit line will be 250m cad soon which is nothing for 4BLN in sales. 6. Debt out to 2030 and 2032. ML
Comment by Hellboy1 on Jan 07, 2025 12:01pm
I think your value is a little high, you buy bte for a year end tax loss. The reserves of the ranger deal looks like there already at the end of thier life. Next company they buy will be over a billion shares. Not good 
Comment by kegman on Jan 07, 2025 12:39pm
I have been on SH for a long time.  HB might be the weakest basher I have ever seen.  Again, thank you for your insight.  
Comment by Hellboy1 on Jan 07, 2025 12:52pm
,I'm just preparing you for the future. 
Comment by AvInvestor on Jan 07, 2025 2:24pm
More missinformation, Ranger has 12-13 years of life left.
Comment by ManitobaCanuck on Jan 07, 2025 2:40pm
Still more upto 15yrs if refracs are counted . The recovery percentage for shale oil and gas is generally low, with primary recovery rates typically less than 10% . So with increasing technology even if they double the recovery rate , there is a lot more in those reservoirs  .Atleast 15-20 yrs .
Comment by MLEWICKIMBA on Jan 07, 2025 2:43pm
Proper analysis Thank you 
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