% | $
Quotes you view appear here for quick access.

Baytex Energy Corp. Message Board

  • chi134431 chi134431 Aug 5, 2009 10:56 AM Flag

    I'm selling out ....mgmt will SELL

    millions of shares ...DILUTION,DILUTION,DILUTION......this dirty -rotten executives haven't bought a share...even when we were under bookvalue ..ASETS IN THE GROUND should be borrowed against ...what's next a dividend CUT as oil has gone up 45%?......God D exec that constantly dilute CURRENT SHAREHOLDERS TO GET A BIGGER PAYCHECK ..THIS CO DOES NOT NEED MONEY !!!...It's credit is five times what it was just yrs ago ..............they ONLY think of themselves and THEIR CURRENT BONSUS ............what goes around ---comes around.......oil will drop now !!....back to $17....then a div cut for 2010 ......WATCH!!!!!!! opinions

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The current results suggest you know little. Wish you well and since you have sold presume you will move on. Management ownsa significant shares and acquires more each year with options and preformance bonuses. The increase in oil prices was used to pay down debt and keep a conservative balance sheet as the first goal. Next they bought a VERY accretive asset yielding about 24% annually in Sackatchewan.

      I would suggest that is good management not bad. BTE is one of the more conservative companies. Very well run and management will talk to shareholders any time. Too bad you did not call them and discuss your concerns. I have and they convinced me to hold on last fall. Glad I did.


5.10-0.02(-0.39%)1:00 PMEDT