RE:RE:What’s happened to our momentumfor awile now ATH shares trend has been to cool off and consolidate after hitting new 52-week high and then continue higher.
If you have bought during these flat periods, you have done well.
We'll see if that trend continues (depends also on price for Oil).
BTE does produce appr 3x the oil ATH does but share price is 35% off its 52-week high.
Its actually much closer to its 52-week low than its high.
$2.5B net debt is somewhat of an overhang on the share price.
Why is it even paying a div is beyond me.
$160M in finance/interest payments alone for 2023. Thats alot of barrels.
Northofsixty123 wrote: Simple at higher oil prices there is alot more to gain betting on baytex vs ath. More risk more reward.