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Baytex Energy Corp. (BTE.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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6.25-0.11 (-1.73%)
At close: 04:00PM EDT
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  • s
    scoffer1210
    Not sure if you will see what I just posted. It is from CNBC. An energy discussion. June was just a mild correction to WTI and has shaken off the paper hands. There is a new paradigm emerging in the energy sector and it’s all about FCF and returning that to shareholder value. I am at the table and about to push all my chips ALL IN!!!!!
  • P
    Peter Hunter
    Off to the no wi Fi cottage.Have great Can. day long wkd to all,be safe& stay strong ,better days await us.Candy please put me in for$7.00 for next week thx.
  • W
    Waseem
    In case I don't see you pals tomorrow, I just want to say Happy Canada day!!
  • C
    Candy girl
    Hi All, Amid a sea of red, we continue strong and long with our baby. It’s been another one of those weeks I’m afraid. It may continue on for a while with all the recession and Macro noise, but eventually the law of positives will tip the balance in our favour. Until then, we will continue to follow the Yellow brick road (AKA the 5 year plan) to the wonderful land of Oz!
    (No I haven’t been drinking lol) ;)

    So, today we closed with $6.25. MIKEKAREN was spot on with his guess. I think this is the first on-point guess I’ve seen, so although I know we’re not thrilled, well done to you MIKEKAREN for nailing it! Close second is Benoit @6.49 and also not far off was our wonderful Cowboys Fan at $6.58! Well done guys and enjoy your 🍻 tonight!

    In summary, we had 23 players from Joe Black low balling at $5.25 to Daniel holding the torch out at $8.25. Could have gone either way :) Thank you ALl as always for playing and for your great board spirit through these red days/weeks!

    Thankfully, we all get a much needed rest with Canada Day 🇨🇦 Tomorrow and July 4th 🇺🇸for our USA friends on Monday, with the markets closed respectively.

    Take a break, enjoy the sunshine and as always enjoy time with your loved ones - the most valuable commodity of all! 💗

    Take care everyone and see you all again on Sunday!
    ☀️🇨🇦☀️
  • F
    Freedom55
    If Baytex announces any addition of debt or increased capital spending the way Whitecap just did, then the proverbial adage of executive 'heads need to roll' will be strongly pursued!!
  • D
    David
    The more they want to crush the spot price with interest rates.. the less the drillers will step up..humm

    They want to crush inflation..but they left it unchecked for the last 12 years? hummm

    they continue to say 2% or 3% is there target hummm.. funny maybe that was the problem over the past 8 years..hummm

    The only things thats gonna get crushed here is the banks and housing..and home depot. Maybe wood prices.

    Nobodies buying and electric car at 60K and financing at 7%

    Hummm
  • B
    BA100
    Dear BTE fellas: I also own WhiteCap but much less than my BTE holdings. I have to admit that I was extremely disappointed with WhiteCaps notice of acquiring more oil and gas assets for a tune of $2b. What a #$%$ and costly move for WCP shareholders. I really really hope BTE will stick to its stellar disciple and avoid acquisition temptations. BTE focus on debt payments and buybacks
  • P
    Patsy
    Papacorn take the day off Friday. Market will be closed. Will talk more on Monday
  • F
    Fishing
    New on the board, been watching BTE for a long time. Got in at 2 1/2 bucks. Humble and modest holding. Just do it Baytex.
  • T
    Tyler
    We are going into a recession that includes energy. I have a massive short position on energy:)
  • L
    Lad
    This is news for those who are panicking at the moment,

    Historical data shows and proves these types of drops are normal and it has been happening from day one. Those of you who owned this stock for years can definitely confirm this statement to be true.

    The historical data does show that this stock always recovers and tops its chart with higher prices which attracts more investers.

    For those of you who are looking to make a quick buck, you will always end up disappointed because you are not investing for the long term.

    Good stuff is to come with oil in demand. Crude oil has been down for two days now due to recession fears or else we would be over $120 per barrel already.

    Max and relax!
  • J
    Joe Black
    I truly believe oil will drop to the mid to upper 80’s and hover there till the new year. There is no support or reason to sustain in the upper $110’s. Think of it this way. Where would oil be right now if there was no Russian war? How much of that is priced into oil ? $20 a barrel? $10 a barrel? The war is going to end one day. All will be forgotten. So what hold oil up? Supply? If supply was truly doomed , we would see $150 oil now or even 6 months ago. Remember the market prices stuff in 6 Months earlier. So, now we throw a recession in and demand drops off, carnival cruises goes bankrupt , we have our global reset. Ya I chose a billion dollar luxury vacation as an example. What do they burn? Tons of fuel…. I am not as bullish and not drinking Nutheads koolaid. Remember he needs investors in his fund to survive. He is pure energy. He is rich off commission form you and I. I believe we can see BTE go to $4.00-$4.50 Canadian only cause of my reasoning above. We have no support anymore. We blew through all the levels on the drop. That’s why I don’t believe in 30 day 180 day averages etc. it will do what it will do. I hope I’m wrong , however it’s a commodity , it can go anywhere.
  • D
    Dave
    This sp reflects $90 wti
  • D
    Dave
    We will never see $200 oil, we will never see $150 oil and I doubt we will see $120 either. We need share buy backs and divs
  • L
    Ladislav
    I would like you to know that
    Crude oil stock is affected by recession just like any other stock is.

    It is high in demand yet falling why??

    Fears of recession.
  • s
    scoffer1210
    remember that song...? "Skipping along the cobble stones and feelin' groovy..." Kinda feels like that today. I know it can all change in a heart beat, but will take the win for the day.
  • D
    David
    Joe how do like having David back driving on the bus Joe....?
  • s
    scoffer1210
    Did you all read the RBC article in Yahoo Finance. Exact same story we have all been discussing…a Super Cycle for oil. I didn’t see the logic behind the severe red today in the sector other than paper hands. Lots of new millionaires are going to be made in this sector. Do you have what it takes. To stick it out????
  • W
    Waseem
    Another +8% today, "I feel it in the air, I feel it in the water"