I'm not the only one liking this merger! I Voted YES!! @Long Player We’re also voting our position in favor of the merger.
Baytex points to 24% accretion on AFFPS and 23% accretion on FCFPS at US$75 WTI & $17.50 WCS differential, which is very significant accretion at a conservative price file.
Our models actually point to higher accretion at similar prices, and the company has lots of exposure to higher prices as they spike higher over H2 23 and 2024.
We think this is a smart merger and was executed ahead of most of the market.