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home / news releases / BTEGF - Energy Stocks Start To Breakout As Goldman Calls For $80 Brent By Q3

BTEGF - Energy Stocks Start To Breakout As Goldman Calls For $80 Brent By Q3

Baytex Energy Corp
  • Goldman calls for $80 Brent by Q3 as global oil demand is set to recover 5.2 mb/d over the next 6 months.
  • Prior to this year, sell-side firms were very reluctant in making aggressive oil price targets, so kudos to Goldman.
  • Energy stocks are also starting to break out. Investors should start allocating to energy stocks if they have not already.
  • If oil does reach this level, energy stocks are very mispriced.

For further details see:

Energy Stocks Start To Breakout As Goldman Calls For $80 Brent By Q3
Stock Information
Company Name: Baytex Energy Corp
Stock Symbol: BTEGF
Market: OTC
Website: baytexenergy.com
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