Baytex Energy Corp T.BTE

Oil stocks vs oil price

[1234bmth]

Oil stocks are performing very weak compared to oil price for the last 3 days, will they go up tomorrow or next week or some people know things that we don't that oil may not hold the gain?

[1234bmth]

And the more oil price goes up today, the more BTE goes down. This is strange.

[Duster340]

There is no interest in oil stocks, it is no longer a long term buy and hold, the future is not bright and fading every year from here on in unless these companies can come up with a miracle like zero polution carbon free oil or transform there companies into another line of business they will slowly fade away like 8 tracks and then cassetes  lol

[Franman184]

You are largely correct in the overall interest in Canadian oil stocks. Therefore the few hands that are holding need to convey to management in the utmost urgency,  the need to pay down debt and return FCF to shareholders. Buy back stock when the share price represents undervalue, Pay down debt when the stock price is faily valued.  WAKE UP CANADA WAKE UP

[Greenday]

@ Duster340 - The tide is turning on professional sports.  It's becoming the butt of jokes and the NHL isn't immune to the shifting landscape.  Nobody cares about the NHL's white gloves and its sacred cup. Watch! https://youtu.be/QjL7D33xpS4