RE:RE:EXAMINE THE BTE Q3 MANAGEMENT DISCUSSION AND ANALYSISI'm ready to dump this oil play on just that 4 billion once this counter trend bear market rally is done in the markets. No way no how i'm holding that debt as the economy slows and rolls over. Not alarmist at all. Might even be getting out of everything just give us 2 great months into year end.
JohnnyDoe wrote: riddler wrote: To get a complete picture of your investment, examine the Q3 BTE MDA on the SEDAR.site . All of the infornation is in this document. In particular, note page 21 of 28 where it shows when Baytex expects to pay off its contractual obligations of 4B over the next 5 years which includes debt etc. Worth reading eg. you will note that they paid 68M$ on financing and interest expenses this quarter pg. It will anser all of our questions.
file:///C:/Users/Nancy%20&%20Walter/Downloads/BTE_Q3_2023_MD&A%20(1).pdf
So you're being alarmist with this 4B in obligations. Within this 4B is a multi year view of interest and trade payables. It doesn't reflect trade receivables or prepaid expenses. Essentially you're looking at the ongoing outflow of running the company to land on this 4B number.
There's total debt and net debt. Both are in the MD&A, both are in corporate presentations. Currently, shareholder returns are 50% of fcf and they'll jump to 75% once the total debt target of 1.5B is hit.