RE:Message board tellsHi Researchseeker !
I don't think we are going to see more manipulation for the rest of the week !
The Ukraine dilemn is short term volatility !
Most of the energy stock don't climb significantly yesterday when the WTI hit 95$, and also don't drop today when WTI drop 5% !
It's a good sign, market understand : Oil worth more because fondamental problem still here mid and long term : demand climb, supply can't climb as fast as demand climb !
My understanding, may be wrong, until mid 2023 !!!
During this period, I hope market will react properly and consider fundamental datas !
My list of fundamental data is coming !!!
And I hope market and analyst will consider all of them to compare energy stock and their real value !!!
For example, I am 100% convince that Baytex s/p will climb faster in % compare to TVE or WCP in 2022 ! Too much torque !!!
It's payback time for Baytex ! Remember the initial strategy when they bought Raging River in 2018 :
June 18, 2018 - Baytex and Raging River Exploration Inc. to a strategic combination of the two companies. The combined organization will be a well-capitalized, oil-weighted company with an attractive growth and free cash flow profile provided by its world class assets across North America. The combined organization will have an enterprise value of approximately $5 billion and operate under the Baytex name.
My suggestion, read this : https://www.sasktoday.ca/south/local-news/raging-river-exploration-to-merge-with-baytex-energy-4121667
Please do your DD it's your money !