Think about this BTE Free Cash Flow Q2= $112M avg WTI $62.71
Just for perspective on how debt payment and share buyback are on track...Even a $52 average WTI brought in $70 MILLION IN FREE CASH FLOW!! This DOES NOT include Clearwater!!
BTE Free Cash Flow Q1 = $70M avg WTI $52.09
BTE Free Cash Flow Q2 = $112M avg WTI $62.71
BTE Free Cash Flow Q3 = $TBD avg WTI $70.57
BTE Free Cash Flow Q4 = $TBD avg WTI (Currently $63ish in line with Q2)
You can't even argue $52 WTI is bad THEY STILL BROUGHT IN $70 MILLION!!
PLUS CLEARWATER...PLUS BETTER HEDGES!!