RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:PerspectiveI wouldn't be so sure guys about those high WTI prices. With the election next year the dems will do everything in their power to keep the price down. After the election though it might really run.
I hope I am wrong and that you guys are right!!
HeavyBanana wrote: Masfortuna, we now have a disciplined OPEC plus, a disciplined energy sector and more and more disciplined investors. Add all that up and you have $105 average oil for the next many years and higher and higher individual stock prices with historically healthy dividends being doled out over the same next many years.
Thanks for your responses. They better frame your reference of "demand destruction" as your initial post I responded to seemed to imply a darker picture than what you expressed now.
A whole lotta dollars will be added to Baytex share price all along the way to your two year framing from earlier on. Going by your clearer representation, the ride up hasn't even started yet.