Post by
jmaan on Dec 27, 2024 1:36pm
Bte worth more?
Baytex got to be worth lot more then share price indicates! No way athabasca oil is worth more than baytex! Guess right now we have to wait for Financials to come out have decent!
Comment by
dandu1924 on Dec 27, 2024 5:28pm
Don't forget the HEAVY DEBT, DEBT, AND STILL HUGE DEBT. This is the main reason share price is going low and low, because just in case the WTI and the oil price will go down as suppose to be in 2025, so the market is right and we seen that today again. Sorry, this is the facts and the true.
Comment by
AlwaysLong683 on Dec 28, 2024 10:13pm
BTE ($2.74B) actually has a larger market cap than NVA ($2.72B), ATH ($2.68B), and TVE ($2.45B). Share price can be misleading if one company has far more shares outstanding than another.
Comment by
1234bmth on Dec 28, 2024 11:26pm
Q4 forecasts are fully backed in the SP, yes, BTE will perform good after Q4 report if the report is really surprising on the positive side. 2 more things can affect SP on the positive sides. 1- tax loss season is ending, if WTI holds at current price or higher, then BTE will go up. 2- the 2025 budget is based on $65 WTI, if oil holds $70+ it may boost SP fairly.