Post by
Oil2018 on Oct 17, 2021 11:08am
BTE or Ath or both
I belive in both companies but allow me to state my situation.......I was not one of the fortunate ones on either. I bought high but I am now pleased of the current pricing and my position.......I can sell either to reap the benefits of the next double if any! Which one of the two will have more torque in the next 12 months. If you can help thank you. Thank you as well to all the good posters on the ath and bte boards.
Comment by
Renofund on Oct 17, 2021 11:19am
no one knows the answer to that question. Hold both, partially right, rather than being completely wrong.
Comment by
ComradeKomissar on Oct 17, 2021 12:26pm
"Torque" is literally a multiple of free cash flow. We know what the free cash flow will be. However, the "multiple" is up to generalists. While my initial bet was on the WTI, my new bet now is that, the ESG mantra will blow up in the face of generalistas, and they will clamor to get back in this space. So really, it doesn't matter what name you buy. Any will do.
Comment by
ManitobaCanuck on Oct 17, 2021 6:59pm
Hold both of these Ath and BTE. I am holding Athabasca for almost free and Baytex at 90 cents . Made some new investments into Suncor,Baytex and Athabasca Oil as it still looked cheap.