My exit is $7.33Will we ever reach that mark? Beyond frustrating to be at $100 plus oil and struggling in the 5s. I saw the rebel Democratic Senator Joe Manchin pushing Canadian Oil but some 15 years later we are no closer to Keystone. OPEC sees demand dropping 400000 barrels and Trudeau wants an electric grid by 2035 in Canada, maybe I should pull all my funds and go into Lithium. I want to exit at $7.33 but it seems almost impossible in 2022 to get there. I would I like to exit by July but it just seems so far away to get to my exit price. Maybe we can clear $6 by earnings. Interest rates went up in Canada and we are in the sixth wave which will further strain growth.
Until the oil companies get some love I think BTE is range bound between $5 and $6.