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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 > Goldman sees commodities surge in 2023
View:
Post by red2000 on Dec 16, 2022 2:34pm

Goldman sees commodities surge in 2023

https://www.youtube.com/watch?v=RIG2G--9fV0&ab_channel=BloombergMarketsandFinance

So don't expect a surge price of WTI before 2023, also with tax-loss season coming.

The key thing for investors to remember is that it has deadlines. For investors filing their taxes in Canada, the last day for tax-loss selling in 2022 is December 28. Stocks purchased or sold after this date will be settled in 2023, so any capital gains or losses will apply to the 2023 tax year. The system differs for those filing their taxes in the US, and based on information from the IRS, the last day for tax-loss selling this year is December 30.

Investors should always consult with an expert or review relevant tax documents directly for complete answers. The information contained in this article should not be considered tax advice.

Comment by GambinoB on Dec 16, 2022 8:48pm
Backwardation coming back I think i heard they looking to fill SPR now  Rotflmao Whats the rush if oil going down right? Lmao
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