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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

Bullboard (TSX:BTE)

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Comment by Hellboy1on Jul 07, 2024 7:17pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Great for you buying bte when it was 43 cents but you must feel like an IDIOT nut selling for 9 dollors a share ,or  buying meg when it was 1.25.Thier management team said all money on debt till ...more  
Comment by 1234bmthon Jul 07, 2024 7:14pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

I am long on BTE since 2016 and will be here next year if I am a life, no one knows what will happen till next year, it could go to $15 or could drop to $2, that's not my point, my point is for ...more  
Comment by 1234bmthon Jul 07, 2024 7:05pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

I agree up to a point about debt problem, but this is not the main problem, the main problem as I mentioned just in my previous post is FCF generation. As I mentioned with $80+ BTE will do good, but ...more  
Comment by Ztransformeron Jul 07, 2024 6:57pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Jeez moron will be a moron! TOIDI like you just don't get it, neither have the patience. Won't smash my head over a wall explaining to you. Make sure you show your fat assss on this billboard ...more  
Comment by JohnnyDoeon Jul 07, 2024 6:55pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Bte paid roughly 36.5k per flowing barrel for Ranger  That metric has risen a lot in the past year, meaning the cost per flowing barrel has risen a lot. Also, the emerging success of refrac ...more  
Comment by 1234bmthon Jul 07, 2024 6:53pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

First of all you should learn how to respect others and then post here, what proof do you need, SP was close to $6 right before acquisition and WTI was $75 now WTI is $83 and BTE is $4.80 and ...more  
Comment by 1234bmthon Jul 07, 2024 6:44pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Why did BTE bought Ranger Oil and incurred all these acquisition costs and sell it back for a loss? BTE bought Ranger Oil at the time that WTI was $75 and estimated combined FCF was $1B annually at ...more  
Comment by Hellboy1on Jul 07, 2024 6:41pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Thats funny,Make it a package deal, management goes with usa assets. 
Comment by Ztransformeron Jul 07, 2024 6:35pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

1234behemoth, before you post all kind of BS on this board, please provide proof/links/sources on BTE overpaying for Ranger acquisition prior to making TOIDI (spelt backwards) accusation. Otherwise ...more  
Comment by Marty47on Jul 07, 2024 6:32pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

My assumption is that they would find another fish out there to buy those USA assets but not at a lost , must me other companies out there dumb enough to overpay ...don't tell me only Baytex can ...more  
Comment by 1234bmthon Jul 07, 2024 6:15pm

RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

BTE overpaid to acquire Ranger Oil, the management and market know that now, no company will buy Ranger Oil assets at the price that BTE has paid for it. Selling those assets for a loss will crash the ...more  
Comment by Kelvinon Jul 07, 2024 2:54pm

RE:RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Big debt and net losses for years on end was the knock against Amazon and Besos if you remember from a decade and more ago. Yet the sp kept on rising, exploding upwards because top line revenue wss ...more  
Comment by Marty47on Jul 07, 2024 2:26pm

RE:RE:RE:RE:RE:RE:RE:Share buybacks June

Selling for 500m of assets will help .... as I said before , at this level of wti their usa assets would bring a nice chunk or $$$ to move everything to Canada , I'm not Baytex management but if I ...more  
Post by HeavyBananaon Jul 07, 2024 1:01pm

Brian Ector figured Q2 Capex at approx. $350 million.

Leaving roughly $487 million capex for H2 and if allocated equally for Q3 and Q4 would be $243.5 million per quarter. Baytex capex in Q1 was $413 million which means they are coming in roughly $63 ...more  
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