Baytex Energy Corp T.BTE

lol $5 bucks …

[Frank007]

750,000 works out to less than a peer per day per share ...lol.    There are 855,300,000 shares ....divide you $750,000 and see what you got ....lol

[JohnnyDoe]

How many shares outstanding Frank? 

[Tradestay]

Share count is down to 820M shares, from June of 23 they have bought back over 40M shares approximately 4.7% public float.  They keep buying so the metrics changes every month in shareholder favour, while debt drops. 

[robert41]

Technically yes buybacks should help the problem is there's no way to measure it. Debt should be delt with first.. can you imagine how many shares they could be buying today at these prices if They had taken all that cash and paid down debt instead of buying back shares. Buybacks should be done in the down times you know they are coming it's only a matter of time. The last year in oil

[Playacar]

Not sure if my math is correct but 750000 per day equals about 274 million  per year.  If you divide that by the 844 million shares out standing.  That's equals about 34 cents per share. Great options.   Pay down there debt or increase the divided. Per there presentation I would be very happy if they paid down there debt. Then increase the divided.  In my mind 750000

[dllscwbysfn]

I think they might only net about half of this but it really goes to show that the secret to success is high WTI and time. 750k per day is not chump change!!