Baytex Energy Corp T.BTE

Real Solution

[Realdude]

If I was the CEO of Baytex I would sell all Canadian operations, take the proceeds and pay back debt only and start paying a 7% dividend- no share buy backs. All problems solved. A meaner, leaner, stable company with a sustainable dividend. All the above creates a very happy shareholder and long term share holders. If oil prices drop, then look for strategic buys or alternatives. These kind of moves would easily push the share price to $10 bucks. Cheers pumper trannies- long Baytex

[Swackaboozy]

Maybe keep the heavy oil assets sell the rest payoff debt and plow rest into Eagle ford and heavy oil

[Realdude]

Sounds good boozy but we are probably just splitting hairs with my strategy. One more thing, we could get awesome prices for our assets right now, especially Canadian properties.

[Kelvin]

Boozy? Implies false bravado. Something like calling others pumper trannies behind an alias. You on the drink right now? No we're not splitting hairs. You want to break up the company. I want to see it get bigger and more profitable. 

[Realdude]

Kelvin making it bigger at these oil prices doesn't make sense plus the interest on financing new targets is too high. My strategy is legit because it involves deleveraging at high prices and maximize the barrels we would have left in eagle Ford. Plus a wicked sustainable dividend.  eric nuttal would probably agree with me.