RE:RE:RE:BTE earnings this week Hi Maxmoe !
I think Baytex management are working in different way to have a IN - IN financial situation !
They continue to deleverage while renegotiating a better interest rate until end of 2024 !
Confirm a buyback shares, probably 5% starting Q3 !
Also confirm a progressive dividend also starting in Q3 !
On the other hand, they try to reduce operational cost, manage CAPEX, increase production at a better netback ! At the end increase FCF !!!
Here is my homemade conservative calculation for Q4 end YER 2021 !
| Description | Q4 | 2021 |
| Revenues | 483 821 202 $ | 1 742 945 202 $ |
| NetBack | 295 577 933 $ | 1 043 960 933 $ |
| Ajust. Fund Flow | 201 464 355 $ | 732 326 355 $ |
| FCF | 125 157 350 $ | 408 157 350 $ |
| Debt paid | 120 000 000 $ | 403 332 000 $ |
Don't be surprise, if FCF reach 135M$ and Debt paid 130M$ !
Only my O !