RE:RE:Baytex move up today and dates to considerred2000 wrote: Hi ResearchSeeker !
I have to admit i am not an expert on options ! I will try to read more about it shortly, may be i will ask you more questions after my education of the options market.
I suggest you, to see my past post of today about a quick recap of the february presentation of Baytex. Most important read the presentation on the website.
This stock is going to be debt free before end of 2023 !!! If WTI still over 85$ US !
I don't know if this type of information, or especially the next YER will affect positively the options market !!
For my no doubt the stock will reach 5,25$ to 6$ with YER of feb 24th !!
Thank's
hey Red, I only scanned the presentation quickly but I think we need to be careful about debt free at the end of 2023. Is that a scenario with all fcf going to debt? I suspect it has to be. But I think the market will punish the stock if it doesn't implement a shareholder return policy this year. As a shareholder, my interest are the return on my investment and it is a bit concerning if they go full throttle on debt repayment without considering throwing us shareholders a bone. I'm actually not even interested in the bone, but without it there's more upside elsewhere