RE:RE:RE:RE:RE:question for BayStreetWolfToHey forecast123, your question "Of the three stock BTE, WCP and CJ, in terms of potential for a 2 years time horizon, which is a better choice ?" Is full of so many variables
If you compare WCP and BTE there are many differences. Let's stick with a couple of considerations for now. Most people focus on hedging and debt. Last I checked WCP LTD is 1.4 vs BTE 1.7 from a NCL perspective. If BTE mgmt sticks to debt reduction say $300m this year that would be close to where WCP is currently. So in less than 12 month how will that impact BTE hedging? Impacting debt ratios makes a big difference those are the fact. In this case BTE has more upside (percentage wise) if mgmt can stick to the plan. Just like investing in XOM a year ago only doubled...less torque due to size pure facts....but that's the risk/reward game.
Also, last I checked WCP also had a bigger share float. I would like WCP to start buybacks or increase the dividend. At this price think about the dollars required to get to <500m o/s.float.="" that="" is="" big="" $'s="">
Anyhow there are so many other items quality of assets, cost structure, product mix, most team....but everyone gets hung up on the "D" word for now.
At the end of the day I'm long on both.