Baytex Energy Corp T.BTE

What is the book value for baytex

[YesSetForLife]

What would be the share price value on a buyout situation for baytex taking into account the debt? $1 $2 $3?

[LNGStrong]

try $.35 - $.50, tops.

[Praxis1]

Really?  The CEO of BTE just bought 20,000 shares at 64 cents.  He is obviously an insider who knows what is going on.

[YesWayJose]

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[LNGStrong]

$13k is a small confidence.. For a company that pays him millions each year. Confidence of success is bought in hundreds of thousands of shares not 20k. Debt is an anchor that will keep bte from moving anywhere short of a large disposition.

[lensgto]

IF I KNEW BAYTEX WAS GOING DOWN TO .30 CENTS AND I WAS AN INSIDER I WOULDN'T HAVE BOUGHT ONE SHARE NEVER MINED TWENTY THOUSANDS LOL

[YesSetForLife]

50's are around the corner 

[YesWayJose]

This post has been removed in accordance with Community Policy

[Marky1]

Book value of BTE is $5.28 CDN

[GotNoPension]

How / where do you get this magical Bookvalue figure exactly???

[Chris007]

Lol, book value is not exactly a mystery.  It should be approx. 78 cents per share at the moment, after the write downs this year.  Accouting 101: Assets - Liabilities = Equity 435,653,000 / 560,545,000 = .78 Dividing Equity by shares outstanding is book value per share...Thats not really up for debate. What is up for debate is the intrinsic value per share of the stock.

[GotNoPension]

No one would touch Baytex for countless reasons....The huge o/s debt being #1, huge o/s shares #2, delisting from NYSE coming in December reason #3....do we need to more reasons?? The Board should be voting to sell off the Permian asset for whatever it van get for it and paying down BTE's debt. This company is so poorly managed it's a JOKE. They live in bubble/fantasy world. Collect their