Baytex Energy Corp T.BTE

$5 is about the right target

[2021Gamble]

what say you?  6 months?

[topdown99]

6 months is possible but for sure within 12 months ($5) . It could happen before Xmas depending on circumstances , especially with a run-up to the hedges expiration .

[GrumpyMonk]

3$ max. at 2.75 i take the money and run !!

[GrumpyMonk]

And we will need WTI between 75-80$ to reach 3 bucks

[red2000]

With the barrel at 60$, Nuttall call BTE at 2$. With the barrel at 70$, Nuttall call BTE at 3,60$. As I said earlier, all factors are good for energy stock. $CDN still UP. Demand is back. WTI and Nat Gaz are raising. New project with Clearwater sound a 4 months payback FCF 440M$ for only capital expenditures of 110M$. Please correct me if I am wrong ? Better hedge price end of year or no hedge

[Maxmoe]

It Is way better than a reduction in impairment charges. It's a reversal. The "accounting only non cash charges" of 2020 that sprayed red ink all over the oil patch will now create huge "accounting only non cash profits". Way more fun to come!!