RE:Question to the group Hey Onion,
I for one am right there with you. I do not anticipate a massive SP jump with regards to the q3 earnings release and do believe people should temper their expectations. The stock has done well, quite well in Sept and Oct so I believe we are all baked in here at the moment. If oil holds next week, I could definitely see BTE perhaps even getting punished by the market due to no dividend or buyback announcement as you mentioned, as management is (rightly so IMO) committed to debt reduction.
That being said, we will get to see a more clear picture of how exactly Clearwater will affect earnings. Production there is not substantial yet, but we should be able to see the effect on a relative basis.
2022 is where the fireworks should be at. Improved hedges, Clearwater development, debt target achieved...
Im excited for next week don't get me wrong, but ya..expectations for the share price are pretty tame.
Cheers all, have a good weekend.