Post by
Casey112 on Aug 14, 2023 8:25am
Q3
Is it too early to start thinking what the third quarter results will state? A full quarter of Ranger assets under Baytex management along side a higher oil price. Baytex should be testing its highs much like its peers are right now.
Comment by
masfortuna on Aug 14, 2023 10:20am
Looking for $8 personally.
Comment by
Sugaree on Aug 14, 2023 10:30am
Realistically, assuming oil remains above $80 when do you think we could hit $8.00? Or is $8 contingent on oil moving quite a bit higher, say into the $90's?
Comment by
Casey112 on Aug 14, 2023 11:04am
My point is that everyday regardless of oil price, Baytex makes millions which go towards debt, buybacks, and dividend. The only way to quantify that, is in writing usually at a quarter financial report, Q3. What is our P/E right now? 1.9? Compare that to others in their peer group.... we are the lowest I believe. $12.00? $15.00 next summer.
Comment by
masfortuna on Aug 14, 2023 11:57am
After the next Q or if oil passes $90.