before the gong !
Think about it !
May be, this is what we need to evaluate properly CDN Oil producers !
At 95$ WTI Baytex will reach 3,5B$ of FCF IN THE NEXT 5 YEARS !!!
In 2023, it's over 1,000,000,000$ of FCF !!!
2$ per share to buyback shares or give us a dividend ! Let's take 0,60 cts for dividend it's like CJ at 5 cents monthly dividend !
Eric Nuttal call half of FCF, it's 8,5 cents monthly !
My advice : Choose the time you are confortable to buy, but for sure fundamentals financials datas will prove it for Baytex !
Q2 coming !
Price of WTI already confirm at
106,47$ US for april.
100,16$ US for May.
106,26$ US for June.
Best quarter ever with revenues over 800M$ !
FCF over 200M$.
Debt under 1B$.
I have to admit, it was a real bad day !
Sometimes, we need that to clean the house and see what is beautiful !
Nice week-end all !
US market close monday !!!