Baytex Energy Corp T.BTE

CITI

[Stockhudson]

Says oil going to 65.00 in Dec    BTE should be in great shape by then   less shares and lower debt load     I will be selling more at 10.00   I can wait

[ToDaMoonBaby]

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[dandu1924]

Oil at $65 and others said to $300, $180, $165  ect, all of them supposed to be experts. So my conclusion just watch and see in fews months, because oil at $65 sounds like a dream for who, the shorters ( like Citi and their affiliate?) With the fundamentals stuffs still bullish, we are just in the beginning about oil sector. 

[ResearchSeeker]

Dandu, A great observation many of us can see. The extreme price predictions all have one thing in common. A claim to reach a price point, and no mention of how long it would remain there. In 2020 Wyoming Sour Crude traded for $ -57.00/barrel. How extreme is that! For WTIC to hit $380/barrel, as one of the big players has called for, could happen for a short time. I don't think it could

[Maxmoe]

Saudi's used to be very large shareholders of citi. Not sure if they still are or which way they'd prefer citi to make their oil call. Absurdly high, or absurdly low. But I agree, bte is in much much better shape than even 6 months ago. Just over 2 weeks for earnings release and update. Sure has been quiet on the Clearwater front!