Baytex Energy Corp T.BTE

Reading a lot of commentary ...

[HeavyBanana]

..... on various stock forums that companies that have focused solely on deleveraging in 2023 have well out-performed those who undertook acqusitions in 2023. Sure ... numbers don't lie but they don't tell the whole story either and that story ending isn't known until it is known.

On the flipside ... those companies that took the bold step to make accretive acquisitions in 2023 may well have the optics of being poor performers but position themselves to massively out-perform those in 2024 that took the less accretive way in 2023.

As always ... time will tell but it's looking dang fine for Baytex from my vantage point looking into potential for 2024 based on the bold moves made by Greager and co.

[masfortuna]

when an acquisition is made the purchasing company INITIALLY will drop due to several factors associated with acquisition. Some or all the following factors may come into play:The issuance of shares diluting the existing shareholders, higher debt if the purchasing copany assumes a debt, synergies yet to be fulfilled,exiting shareholders who do not want to be part of the new entity etc... The way

[robert41]

Juniper sold 570k shares on December 20 only 100 million more to go :)... looks like slow bleed into the market we'll see.

[HeavyBanana]

How do you conclude a slow bleed into the market when it was done in a private sale? Juniper is taking a measured approach, their paper being crossed out privately.

[robert41]

Sorry thats my bad for not reading it carefully ur right. 

[Kelvin]

HeavyBanana, Their breakeven costs in the Eagle Ford were $48 USD per barrel and from what I'm reading drilling, completing and producing wells is going up. 

[HeavyBanana]

Kelvin, can you define at which point the accretion level can be determined as or becomes a liability in the scope of the merger rationale? Seems to me the metrics are very robust across the board with a very defensive posture for Baytex as the currently comprised asset base illustrates.  The caveat is always the price of oil but that applies to the entire energy space. Baytex isn't an

[raven16]

Hey HeavyBanana,What We Have Here Is People Posting That Aren't Or Don't Own Baytex Stock,I See A Lot Of Armchair Critics And One That Say They Are Living Some South American Exotic Lifestyle But Is So Bored That They Have Time To Always Criticized Baytex,I Find It Interesting Why You Would Spend Time On A Stockboard When You Don't Even Own The Stock,I Mean Really Get A Life Man!

[Marty47]

Y'a I agree , if you go to a muscle car show you don't come and display your Tesla lol , I personnaly blo.....ck those as their response are useless , I'm not going on Tesla board and talking about gas cars , and nothing nice to say about trudope on a Baytex board .....didn't see many of those .....they will get hammered lmao 

[Kelvin]

Well that's another poster ignored. Up to 16 now I think. Anyway yeah HB the word "torque" is used a lot on this board. I'm a mechanical engineer, now retired, but with over 40 oil exploration experience. Torque is force x distance. As an analogy force would be barrels produced at one point in time. Distance would be differential between selling price and break even cost. But

[raven16]

That Would Be Stocktwits, Right? Just Another Amateur Armchair Critic That Thinks Because He Was An Engineer For 40 Years That He Knows All About Without Owning One Share,Gotta Love It.Way Funny.  Lol