Post by
jmaan on Jun 23, 2024 11:15am
Baytex share price..
Good morning people! As oil prices been some what stagnit and if oil price dose eventually get on the low $70s and we get a q2 been not so great but okay , do you feel we can still get in above the $6.50 range before end of q3 financials? Seems like all war premiums are off! War in middle east ,Ukraine war, redsea turmoil etc...
Comment by
1234bmth on Jun 23, 2024 1:45pm
Your post has no common sense, no facts and no logic, it sounds like if I say if oil jumps to $90+ and BTE has a good Q2 report, could the SP drop to $3.50?
Comment by
jack4567 on Jun 23, 2024 2:34pm
If BTE makes its targets in Q2 and Q3, and WTI averages $80 for the foreseeable future, I think we could see $5.50 at best by the end of Q3, absent any extraordinarily positive results. Wish it were more, but realistically, BTE is now a Show Me stock.
Comment by
Ztransformer on Jun 23, 2024 5:28pm
Without any doubt, BTE is in show me mode for market. No more fckk ups from management pls on delivering as planned. IMO if Q2 and Q3 results turn good couple with stable oil price, $7 plus is possible ...
Comment by
Antonyius on Jun 24, 2024 10:46am
This makes no sense, look at BTE stock performance in 2023 vs oil prices. They were even lower last June and ran up to $6, now with less debt, more production, less outstanding shares, and higher overall oil prices vs same time last year they're going to $5.50?