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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 > 100$ wti won’t happened
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Post by Marty47 on Apr 15, 2024 6:11pm

100$ wti won’t happened

I been pretty good with oil projection , and geopolitical events , I can tell you if everyone says 100$ oil is comming .... then it won't ,first  Natanyahoo won't bite the hand that feed him (USA) , again it's not to be negative but with 100$ oil nobody win , short term success , long term failure , but we may see Brent at 100$ but for a short period .... opec+ will jump in and demande destruction....
Comment by 1234bmth on Apr 15, 2024 6:27pm
Oil companies don't need $100 oil to be profitable and SP appreciation, a sustainable $80+ oil is a bonus for oil companies including BTE, but now the fear of war is keeping stocks down, look at gold and copper prices vs gold and copper stocks, most stocks are down, for me it looks that the market prefers $80 oil no war rather than $100+ oil with war, in this tense geographical situation most ...more  
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