Post by
masfortuna on Oct 30, 2023 9:40pm
And...
In the same article these analysts are predicting a further 21.5% decline except that oil is trading higher in q4 by 20%. Maybe my math is off BUT if the reason that these companies declined because of the oil price trading 20% lower in q3, then if oil is trading 20% higher in q4 should we not be trading higher and not decline a further 21%? am I missing something or is this just part of the Bidenomics math we are experiencing?
Comment by
OLIVIER1951 on Oct 31, 2023 7:51am
Compte tenu de la prsentation le jeudi soir a la fermeture, les rsultatss ne devrait pas etre si bon, car sinon il aurait pu les publier mardi ou mercredi matin avant l, ouvertuire...donc
Comment by
1234bmth on Oct 31, 2023 8:51am
This is not the first time, It's been years that BTE is reporting on Thursday evening. This has nothing with the results.
Comment by
Nextlegup on Oct 31, 2023 9:46am
Baytex has one of the lowest cashflow multiples in Mid tier Oil and Gas... Month of cashflow continues to de-risk the company...The result, Baytex is due for a multiple re-rating here soon. It needs a 25-50% bump in price just to begin to bring it up with much of its peer group GLTA