Post by
red2000 on Jan 06, 2022 12:07pm
Baytex similar as EOG or Pioneer (PXD) in the US market
These are the words of Josh Young in his recent bloomberg interview.
Start at 5 min. 40 sec.
https://www.youtube.com/watch?v=b3K1SBoUqyM&ab_channel=BNNBloomberg
I already call it !!
If WTI reach 100$ in 2023, Baytex will reach 3,2B$ in revenues and over 1B$ in FCF with no hedge !!
This is what Pioneer want to do !!!
GL LONGS !
Comment by
Drifter133 on Jan 06, 2022 12:19pm
I had noticed Red. If oil can stabilize at over $70 for next couple years than us share holders will be making a ton of money and I'll be living very well in retiement! Slow joe winning has been blessing in disguise!