Post by
Frank007 on Jul 27, 2023 6:03pm
Amazing comparison ….
Batex ....has 857. Million shares out standing ....revenue 2.2 billion .....now get this Frontera energy just finished drilling and discovery of over 1 billion barrel off shore Guyana .....has only 85 milion shares outstanding ...and even without the extra billion barrels in guyana generates 1,7 billion u s $ equal to what Batex earns. Lol ....the oil market is sure out of whack .....
Comment by
red2000 on Jul 27, 2023 6:12pm
A full year at 82$ WTI === 6B$ CDN in revenues for Baytex. ! Just in case you miss some 0 ! it's 6,000,000,000$ yearly. GL though !
Comment by
stock_for_gold on Jul 27, 2023 6:21pm
Yes the difference is Guyana vs Canada and USA. More safe dealing in North America versus dealing with a third world country
Comment by
masfortuna on Jul 27, 2023 10:21pm
Then go buy frontera mate.