Baytex Energy Corp T.BTE

EXAMINE THE BTE Q3 MANAGEMENT DISCUSSION AND ANALYSIS

[riddler]

To get a complete picture of your investment, examine the Q3 BTE MDA on the SEDAR.site . All of the infornation is in this document. In particular, note page 21 of 28 where it shows when Baytex expects to pay off its contractual obligations of 4B over the next 5 years which includes debt etc. Worth reading eg. you will note that they paid 68M$ on financing and interest expenses this quarter pg. It will anser all of our questions. 

file:///C:/Users/Nancy%20&%20Walter/Downloads/BTE_Q3_2023_MD&A%20(1).pdf

[JohnnyDoe]

So you're being alarmist with this 4B in obligations. Within this 4B is a multi year view of interest and trade payables. It doesn't reflect trade receivables or prepaid expenses. Essentially you're looking at the ongoing outflow of running the company to land on this 4B number.  There's total debt and net debt. Both are in the MD&A, both are in corporate presentations

[Cobalt]

I'm ready to dump this oil play on just that 4 billion once this counter trend bear market rally is done in the markets. No way no how i'm holding that debt as the economy slows and rolls over. Not alarmist at all. Might even be getting out of everything just give us 2 great months into year end.

[masfortuna]

 isn't this what you said in August and then your plan was to buy AI stocks in the fall? 

[Cobalt]

Been saying it a lot longer then but the damn recession keeps geting pushed back so i stay long but the new signs are stronger then anything we have seen so far. 18 - 24 months after the first hike was the call by so many, 22 now i believe. Probably dont want to question me much on this topic but it would be fun or as you say my soft bashing could quickly turn Hard and fill the board :)

[masfortuna]

  The poers that be have been trying to slow the economy down at the expense of the regular folks for awhile now. the media is working on their behalf. Just talking about a recession causes a recessionary reaction so it is serving a purpose.  FYI these "high oil prices" if you factor in a 2% inflation compounded is the equivalent of $65 oil in 2013. Factor in the higher

[Cobalt]

Agree, use to be a self fulfilling prophecy i highly doubt it now only Boomers watch mainstream media and they have 84 trillion not going slow their spending. Media keeps calling $80 oil high? Not sure what media you watch but what i watch does not keep calling oil high. So got to say nope i dont get it.

[kavern23]

Have to consider the variable of more efficient extraction methods in some oil plays around the world. 80 still produces under 6 month paybacks in alot of good oil plays and drilling wont stop in this enviroment. Part of reason USA is over 13m is due to techmlogy gains and 80 dollars stimulating the industry. These new boomer wells are extreemly profitable even with inflated costs....

[riddler]

My comments were not alarmist in any way, but to get investors to note that there is a document that can provide further insights into their investment. If you saw it from an alarmist point of view, that is your issue.  I am not looking at anything. The company BTE provided these diifferent views of their financial situation.  If more people read the MDA, then the aim was achieved. It