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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

TSX:BTE - Post Discussion

Baytex Energy Corp > JPMorgan’s $125 oil in Q2
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Post by red2000 on Feb 23, 2022 11:27am

JPMorgan’s $125 oil in Q2

JPMorgan’s oil price forecasters published a note calling for $125 oil in Q2 of this year (NYSEARCA:USO), as OPEC+ is unlikely to deviate from targeted quota, driving a “risk premium” of $30 per barrel (NYSE:CVX) (NYSE:XOM).
– JPMorgan has been bullish on oil for several months now, as their team has flagged the potential for OPEC+ undershooting quotas, a view that has thus far proven out and become relatively consensus across the Street.

We don't need that much ! For my point of view ! We need a better evaluation with real fundamental data to be able to evaluate properly
the real value of energy sector company and compare it !!!
Like many others sectors do ! O Well !

– RBC’s commodity team published a note Monday morning, calling for $115 ...


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Comment by BayStreetWolfTO on Feb 23, 2022 11:38am
Thanks Red, I do like to read anything from Michael Tran.  The $100+ stuff doesn't excite me much though...I prefer opinions on longevity... I would be very happy with $80 for 3 years...but that's just me.
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