Baytex Energy Corp T.BTE

Welcome to 2022

[topdown99]

Well people , thats it for 2021 and what a year its been . Last year at this time we canvassed for predictions on what each one expected/hoped for in the year to come .

I see WTI remaining elevated $70-$100/bbl in the first half of 2022 , BTE reaches their first debt reduction goal in Q2 and begins buying shares . Clearwater development and production is the wild card but I see a test of the $6/sh level before spring and I expect to see the $10/sh level tested before this year is complete . 

Anyone else ?

[northmark]

Yep

[Unlucky13]

I see a $68 oil price average for the the year.  Just above the $65 projection for the 5 year plan.  The stock will be range bound $2.90 to $4.50, ending the year about $3.85.  Nothing venture, nothing gained.  Free cash flow just over $400 million of 568 million share is about 72 cents per share.  At a 5 P/E ratio that's $3.60 per share.  We really need $85 oil

[Drifter133]

Topdown, I feel WTI averages $75 and above in 2022 so believe BTE will be $5+. WTI really decides BTE's price but Clearwater could also make Baytex what we wish for. Seal and Duvernay (especially) is also very much in play so could make a big deference also 

[topdown99]

I'm a little more positive Drifter , I think BTE closes 2022 between $8 & $9 per share

[Drifter133]

125,000 shares here Topdown so sure hope that you're right!  I wish you and all Baytex share holders a very prosperous 2022!

[Tommy007]

2021 has been a wonderful year for a lot of BTE shareholders. For the other investors, wish you a very rewardable new year 2022.