Baytex Energy Corp T.BTE

$1.81

[ITSUP2ME]

For break even...ya been long for awhile

[ManitobaCanuck]

  Either by summer or max by the year end we should cross your breakeven price

[1234bmth]

The way BTE was holding yesterday with oil down 3%, If OPEC + announces a favourable news to the oil market on March 4th and a positive sentiment on the Dow Jones, BTE will be easily above $2 by end of April. If news are negative then most stocks will go down not just BTE. 

[Unlucky13]

Those are two big ifs, likely one out of two won't happen.  If Biden and the gang can't get a stimulus Bill going the Dow rally will stop as it's poised for a major setback and decline.  Also OPEC not producing again is unlikely, more likely they start increasing, let's hope the number is small.  If they don't announce a production increase oil could get to $79,

[1234bmth]

No company can control external effects such as oil price or stock market sentiments, so neither BTE, and all market will go down on negative news, but on the positive news side the upside potential for BTE is huge, their break even point is significantly lower than 2 years ago.