Josh Young - Oct 4th 19 videoNot sure if we have seen this video recently done oct 4th by Josh Young !
Talk about BTE, starting at 6 minutes ! Wonderful !!!
https://www.youtube.com/watch?v=BB2hxgvyDXQ
Stock seems to want to land smoothly between 4$ to 4,10$ !!!
Waiting for is next take off nov 4th with Q3 results !!!
Again my forecast for Q3 :
My Q3 prediction :
Considering production of 81,162 Boe/d same as Q2 !
But they probably reach 83,000 in Q3 ! If it's the case we have to increase numbers below !!!
Revenues for Q3
Between 460M$ to 480M$ !!!
AFF : Ajusted Funds Flow
Between 190M$ to 205M$ !!!
FCF : Free Cash Flow
Between 125M$ to 140M$ !!!
Long term Debt payment
Between 130M$ to 145M$
If my calculations are correct and if the trend continues,
WTI between 70-75$
Capital Expenditures as it was budgeted
Baytex will pay its 1st long-term debt of 400M$ (value at June 30, 2021 : 296M$)
before the end of the year 2021.
WTI now at 82.90$ !!!
Please do your DD, it's your money !!!