RE:Why not a news like that from Baytex in Q1 results !!!Mgmt. won't spend on dime on buybacks until eoy or next year. Only debt repayment for now. I agree that they should start buying back shares while they are cheap and while the oil price is hedged at higher prices.
red2000 wrote: https://finance.yahoo.com/news/canadian-natural-resources-limited-announces-100000636.html
Still convince this is the better short term option they have to do !
Grab 50M shares under 1,75$ !!
After this p/s, it cost too much cashflow !
Only my O !
BTW, i suggest the newbies on this bullboard to read Year end results 2018 throw 2020 including M&A !
Instead of dropping pump and dump phrase, like too de moon ! Or 3$ in 2 weeks !!!
BTE is not a pump and dump stock ! And for my point of view, no more a speculative stock !
In the last month or so, BTE seems to be consider again as a stock to buy and hold by BIG BOYS and also more institutional funds are watching !
This stock will climb with decent quarterly results like the Q1 coming beginning of May.
FCF climb fast ! as DEBT fall down quickly !!
Confidence is building !
Only my O !