Post by
GotNoPension on Jul 12, 2023 10:54pm
Does anyone here believe Baytex can ever get over $6.00 agai
Oil market has changed since pre-COVID norm and post-COVID recovery and Russian Ukraine war hype. Feels like the last oil bubble has burst and banks and fund managers are just not interested in oil stocks. Pls tell me how wrong I am lol
Comment by
stock_for_gold on Jul 12, 2023 11:11pm
Yes, Baytex will go above $6 in the near future. Remember that Baytex expects to make over 1 billion dollars if WTI remains above $75. I think we'll see WTI above $80 before December so we'll see the stock price above $6 by then as well unless some major catastrophe will happen before then
Comment by
stock_for_gold on Jul 12, 2023 11:21pm
That's 1 billion dollars fcf if WTI remains above $75
Comment by
JohnnyDoe on Jul 13, 2023 6:14am
I think we're going to see wti above 80 this month!
Comment by
oilbaron43 on Jul 13, 2023 10:32am
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