Baytex Energy Corp T.BTE

4.00$ Now. Lets do this.

[GrumpyMonk]

GLTA

[red2000]

Geez I call it previously for this week, seems to be today !!! I am impress with the volume, on it's way to beat the 3 months Avg. Correct me if I am wrong but technically, it's a STRONG BUY !!! For many months ahead !!! GL LONGS ! 

[GrumpyMonk]

I think if WTI holds. And i think it will. We will have a great January. Then when this bad boy will start going with share buybacks, clearwater results. It will fly ! Happy holidays.

[BayStreetWolfTO]

2022 is going to be a great year with anything over $65

[JohnnyDoe]

I don't think so Wolf. Yes, 65 dollar oil pays down debt, I get that. But it's not going to materially move the stock price. You've said many times you're looking at a June 30, 2023 timeline. I don't think steady 65 does much for you between today and that date. For the company, sure, but for me and you, no I wouldn't expect much. the good news is that the macro oil

[Unlucky13]

Thank you for being the voice of reason and standing up to the Wolf of Bay Street!  $65 oil means 4 years of paying down debt but the market won't get excited at that and I agree with you that the share price won't increment upwards much from current levels.  $65 oil in June 2023 will result in the following share price.  Keep in mind we have 568 million shares outstanding.

[2dream4U]

The best news I've heard from you in the last little while is that you will leave this board and selling all your shares when BTE hits $5.00. That's the price we are all really hoping for. Anything after that is even more of a bonus! 

[Unlucky13]

I am sincere and promise I will celebrate the stock if the stock hits $5.  Then I will be gone.  At $76 oil this is stuck in the mud still unfortunately and I just don't see any scenario that it gets to $5. Too many roadblocks with omicron.  The market wasn't excited by Q3 earnings so I don't see catalysts beyond a $100 oil price and that's not happening.

[Maxmoe]

IGNORE

[BayStreetWolfTO]

I will certainly agree to disagree. That said time always reveals the answer. I do look forward to the discussion with the group June 30, 2023! The model I use even at $65 oil suggests lots of runway. That said I certainly agree the macro data suggests oil will cruise above a $65 average for 2022/23 however many things have changed over the last 10 years outside of the macro global oil

[JohnnyDoe]

lots of runway for what? Yes at 65 they pay down debt, but slowly. Not really going to move the stock that much in 18 months. does your model in some way predict price? I'll laugh if you say it does. You've never indicated a sell price or sell range, you've stuck to a timeline and I like that. I agree with it. If the macro conditions keep moving in the direction they are going and the

[BayStreetWolfTO]

At $65 debt should be below 1.0x. If you are in the camp with Unlucky that this means the share price 18 months from now is still $4 than yes I disagree with both of you. Not much to debate. I think as all our Cdn O&G pay off debt...even at $65...share prices appreciate. I guess you disagree. Again I don't think oil will hover at $65 based on the macros we are seeing but to me that is

[JohnnyDoe]

classic passive aggressive. You don't want to debate what I actually said so you make something up and critique that. Yes paying down debt and achieving debt targets will raise the price. I think I was pretty clear on that What I also said was that 65 oil isn't going to drive the price to the expectations most expect. I'm not here for 30% more. I'd happily take that on my bank

[BayStreetWolfTO]

Everyone likes to label a positive person. You are right though I don't throw out prices. I look for positive progress and believe positive progress improves share price. Sure we could also get that from our banks but it's far less exciting. That said you started a debate on expectations without actually listing your expectations. So if you really want to debate expectations I guess you

[JohnnyDoe]

I think I've been quite clear Wolf. I'm not looking for 30%. I think few here are. I've used the words double and multi bagging. I think that's pretty clear in terms of where I'm looking to go. 65 dollar oil isn't going to drive the stock price to that degreethe only thing good about 65 dollar oil is that it means there's nothing significant at a macro level that says

[KingandBay]

A good debate on share price At some point here the company will buy back shares. The share price in terms of share buybacks will create the great divide between the short term investor and the long term investor.  As a long term investor the positive fundementals for Baytex are aligning. 

[BayStreetWolfTO]

It is tough to debate with those who throw out multi bagger without stating what the price of oil needs to be and for how long. double and multibagger pump phrases mean nothing...but people like to use them I guess. Unless they want to state what price of oil and how long it can't be discussed. For now back to reading my TSA data and NYC subway data.

[JohnnyDoe]

why don't you start the debate Wolf? You are pom pom waving at 65 dollar oil. Step up to the plate and tells us where this stock is in June 2023 at constant 65 dollar oil

[BayStreetWolfTO]

You seem to have your finger on the pulse. I highly doubt you need my thoughts. Yes I love Canadian Oil and Gas. Yes I am happy about $65+ (which was roughly the full year 2021 average price)) Not sure maybe you have the price/date crystal ball Oh wait unlucky does...he even provided a "guarentee" for you...looking foward to your reply to him as you seem fixed on debating price

[Unlucky13]

This is where Wolf has no skin in the game and is a company shill.  I wouldn't be surprised if he worked for investor relations.  He keeps bagnging the drum about $65 oil and about how the share price doesn't matter.  Does he any own shares?  Apparently not.  The share price is the only thing that matters and he has polluted the Board into thinking $65 oil is good

[dandu1924]

Yes, the analysts said ''BUY'', just a matter of time and in 2022 we will be very happy and  no regrets  about the share price.  We are in the pattern of  4 or 5 baggers from here. 

[BayStreetWolfTO]

2022 looking good. Getting closer to 50% complete Q1 pricing

[BayStreetWolfTO]

Quite a change from the "pros" who said flat focusing on an OTC exchange. I will stick to reputable data thanks.