Post by
CanadianOil2022 on Mar 08, 2023 7:29am
Baytex energy Downgraded again
Baytex energy was DDowngraded again. After management issued more dilution of shares and added vastly to DEBTS. Downgrades and overhang from management's poor decisions have investors dumping and selling their positions in substandard Baytex bTe.
Comment by
David01montreal on Mar 08, 2023 8:42am
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Comment by
ManitobaCanuck on Mar 08, 2023 10:51am
Dude ,they bought a US oil producer at a discount to the market price and lesser than what Marathon Oil paid for a competitor.As US funds dig into the stock watch it rise.
Comment by
David01montreal on Mar 08, 2023 11:06am
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Comment by
red2000 on Mar 08, 2023 1:49pm
Yop ! Exactly what I see. Don't forget the initial debt of Baytex will go down for another 250M$ during the 1st 6 months of 2023 !
Comment by
David01montreal on Mar 08, 2023 1:58pm
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