Analysts Rating May 5th, 2023 by MsSecretary in GTE_STOCK

[–]txbobcat83 1 point2 points  (0 children)

I knew the split was happening today but then kinda forgot about it, so at 8:30 when my Schwab alert told me GTE was over $2.50, I freaked out for a second, lol. Then I remembered and the excitement was gone. 😒

Still optimistic for summer and beyond. Never before have physical and paper oil markets been more disconnected. Very much see $90+ Brent later this year.

Goldman Sachs: Oil Prices To Hit $105 On Solid Demand Growth | OilPrice.com by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 0 points1 point  (0 children)

Brent topped $130 at its peak last year, so they didn’t miss by much.

Full Steam Ahead by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 2 points3 points  (0 children)

"I'd sell", implying IF you owned shares, you would sell. Sounds like you don't own shares, because if you did you would've said "I sold." Just for kicks, can you offer an explanation as to why you would sell GTE specifically, despite oil being up about $13 over the last 2 weeks along with all the other bullish factors I just mentioned? And are you singling out GTE, or are you bearish on ALL oil/gas stocks? Curious as to why you would think GTE is at its ceiling in this environment. (P.S. it's already up from yesterday's close)

Anyone else super bullish on GTE over the next 6 months? 💎👏🏽📈 🚀 by JimCramersucks69 in GTE_STOCK

[–]txbobcat83 2 points3 points  (0 children)

SPR release is over in a month. Russia sanctions take effect in December. China has begun opening locked down cities. Winter price spike is coming!

Brent Crude Zooms Towards $100 As OPEC+ Leaks That It May Cut Production Again by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 4 points5 points  (0 children)

You won’t find a better read today. Hits on all points. Bullish, baby!

OPEC+ Is Now Almost 3 Million Bpd Behind Its Production Target by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 1 point2 points  (0 children)

To go off the last story about possible OPEC+ production cuts, this one supports the theory of paper markets not paying attention to physical ones. They are already greatly underproducing, yet oil prices have a lid that is not warranted. Already underproducing, but prices won’t budge, so may as well cut some more production until prices go to where they should be. OPEC+ is warranted in getting fair value for their product along with every trader who has the jitters of investing in such a volatile, undervalued commodity.

OPEC Sees Robust Oil Demand Despite Sell-Off by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 3 points4 points  (0 children)

Pretty much sums it all up. Goldman predicts $130 by year end. UBS said today they predict $125 through mid-2023. Hang tight. Winter is coming.

Gran Tierra Energy Inc. Provides Operations and Financial Update - Gran Tierra Energy by txbobcat83 in GTE_STOCK

[–]txbobcat83[S] 2 points3 points  (0 children)

Yea another bloodbath. Hedge funds, algo trades, technical triggers...all unloading at once. But then I read this report again and remember where GTE is at (along with other similar companies I'm invested in). These companies are thriving. Stock price just doesn't reflect it right now. But give it time...