RE:RE:RE:RE:Oil alliance OPEC+ extends collective crude production cuts Lol, it's odd that supposed Baytex investors always counter positive developments with a negative bogeyman just as a talking point. Case in point, wildfires. Sure, mother nature can certainly bring her fury into any jurisdiction to upset the cart so to speak and that was the case in recent times when some shut-ins did take place for Baytex acreage due to wildfire but it really didn't amount to much in the big picture for Baytex.
All things considered, with the company currently in the best position ever in production capability and all other fundamentals stacking up in the positive category, OPEC plus extending the ride through 2025 and Biden out of bullets to damage the market supply/demand balance for the most part ........ a shut in due to wildfire would have to be of far far greater extent than the last time for it to derail the upward trajectory of the stock through 24.
Wildfire is now the bogeyman to counter the postive OPEC plus development ..... lol .... go figure Baytex investors.