RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil is the new tech in 2022.Key word is long term. We just had a decade of losses. I think that's what everyone is missing. At $80 oil this is a $4 stock that is definitely range bound. While the metrics looks better and buybacks
and dividends help they are most likely 18 months away and until then this will just drift as the oil price drifts and fluctuates between $65 and $85. I wouldn't be the least bit surprised to see a $4 share price in 18 months. God efficiency and operations is being met with great neutrality and even nagative sentiment as the last ten years was a house of horrid and the public is slow to get back on board or if ever. If oil does maintain $65 and the five year plan plays out BTE will end up less than $4 at the end of it. It's a big assumption oil will average over $70 the next 5 years. My point being that a 5 year plan with $75 oil helps but it doesn't mean incremental share price increases, it gets us to $5 instead of $3.75/$4. To really get a double because of hedges we need more like $100 oil over the next 5 years.