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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 > Medium and long term energy prices are very very bullish
View:
Post by riski on Sep 26, 2024 11:57am

Medium and long term energy prices are very very bullish

We knew it was going to be volatile going into the US election. The Democrats have the PR machine in full court press mode and bankers hired to short sell oil on any negative news. 

The macro data paints a highly bullish picture. Use the volatility wisely. This is a glorious opportunity when a two paragraph news story and some NY bankers hired to hammer oil can dictate wild pricing. But fundamentals always rein eventually.

It's time to be greedy.

https://finance.yahoo.com/news/crude-oil-primed-explosive-short-082500855.html
Comment by Nothingmatters on Sep 26, 2024 12:45pm
For the last two years this guy is preaching everybody to be greedy..lol 55 percent haircut