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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Oik prices just rose above $90 and they could get to $100.
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Post by spurwing2 on Apr 05, 2024 3:57pm

Oik prices just rose above $90 and they could get to $100.

https://finance.yahoo.com/news/oil-prices-just-rose-above-90--heres-how-they-could-get-to-100-152901669.html
Comment by JohnnyDoe on Apr 05, 2024 4:14pm
100 dollar oil by September. That's 5 months from now and we're currently at 86. I'd guess there's 600+ in fcf over the next 5 months if oil was to slowly progress to 100 and by the time it gets there, probably looking at 150 a month in fcf.
Comment by dllscwbysfn on Apr 05, 2024 4:28pm
That would make for 1 nice summer!! For this week though it was very nice as well. Have a great weekend everyone.
Comment by Marty47 on Apr 05, 2024 4:27pm
Not to be negative here but if Brent is going too close to 100$ the some opec+ members will start to boost production , June 1 st is the next meeting the Saudi may let the opec+ to boost 500k bpd just to keep oil affordable and avoid demand destruction , the USA are not boosting too much this year to avoid pi... ss the Saudi , also if Israel may make some kind of deal and oil drop 5$ ..... so ...more  
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