Baytex Energy Corp T.BTE

Tipping point

[Moemoney42]

I'd venture to guess we've now crossed into a steady level of support for the O&G industry.. Jan 3rd the markets get back to regular trading.. late tax loss sellers will be able to reinvest in the new year for the 2023 gains that are sure to happen with lower debt, smaller hedges at higher prices, higher production and a continuation of the supply deficit.. add in China re-opening, SPR replenishment, natural production losses from Russia, etc. we'll see a strong 2023 IMHO.
No matter what smallcrapper likes to ramble on about.. LOL.

[tollycraft]

Well said moemoney. GLTA

[dllscwbysfn]

I agee with it all except the SPR replenishment. These guys are Liberals who like to spend money not restock the shelves. Also wti would have to be at 72 for a sustained time which I find unlikely. The dems hate oil and gas so I think oil and gas will return the favor and drill even less if the price were to keep dropping.

[Greenday]

One caveat may be inflation and higher interest rates going forward.  Job report on Friday was hotter than expected.  Too many jobs for too few people and wage growth of 5% is too hot to put the brakes on inflation.   That however isn't only a monetary policy issue, it's a political issue too. Certain political parties prefer more immigration and social policies that

[dandu1924]

Smallcraped  is double game player with multialias nickname. We saw that on special TV show last night about how some on the social media use several nickname to manipulate the information etc. and smallcraped is one of those on the web.  Just put him on the ignore list  and other ignored on the list of Baystreetwolf.

[masfortuna]

I already  dd a long time ago.