Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

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Baytex Energy Corp > Thoughts on Nuttal?

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Post by Unlucky13 on Mar 19, 2021 8:59am

Thoughts on Nuttal?

So it sounds like Nuttal bought north of $1.50 and he already has to backtrack and explain yesterday's dip. Royal Bank sees $57 oil for Q1 and Q2 and $60 to $65 oil for Q3 to Q4. So if oil stays around $60 for the year where do we see the share price? Considering it's a $1.30 right now at $59 is there really that much upside? I am hopeful but this seems like a long term plan and short term it's dicey still. Nuttal must be swearing and sweating after just buying and watching yesterday's events unfold.

Here for a hundred grand and not a $300000 loss.

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