Baytex Energy Corp T.BTE

Manitoba canauk!!

[jmaan]

Thanks Manitoba caunuk really appreciate your feed back! With Mr.powell possible interest rate hikes coming again just isn't helping anyone! But eventually hikes coming to an end and china opening up full bore! With lack of oil investments by big oil and Bidens administration possible filling there oil reserves in the fall possibly sooner should boost baytex! This is now my biggest investments in oil! Good luck longs...

[ManitobaCanuck]

Lol. I will tell ya something . I was laughed at for buying Athabasca Oil at $1.2 and see where they are once debt is down and buybacks started . I sold out 75% of my holdings at $3.25 and bought in Baytex back again . The main prob is lack of buybacks till merger closes. in Q2 end. The rpice colapse from $7 coinciced with the time they stopped buybacks in Dec 2022 .  Once buybacks start at

[stock_for_gold]

You forgot to mention 9 cent dividend

[ManitobaCanuck]

Absolutely  my friend.   I have seen my fair share of doubters .  Bought Cenovus after it crashed with Husky merger in 2020 for $5 and sold out last yr at 26$. Analysts questioned same shitty stuff . Debt ,overpaid ,dilution etc etc . Cenovus was 4.35$ at that time and went to 26$ after they repaid debt and bought back a ton of shares. See link below. If thesis plays out they expect