Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Baytex Energy Corp > Baytex Energy a turning point !!!
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(301)
•••
Comment by red2000on Nov 02, 2021 7:45pm
116 Views
Post# 34079927

RE:RE:RE:RE:Baytex Energy a turning point !!!

RE:RE:RE:RE:Baytex Energy a turning point !!!Thank's all for your comments, interesting discussion !

So base on your comments, what is your split if Baytex for example, makes 500M$ in FCF in 2022 ??

How much money or % do you use to debt payment, share buyback and a dividend  ?

For me the dividend, will change the view that market have about Baytex and may offer share price stability... but after review i propose the following :

500M$ of FCF 

300M$ for debt payment
150M$ to buyback shares very quickly around 5$ per share
  50M$ for a dividend of 3,75 cents per share per quarter starting in Q3 2022

Base on my 1st forecast, Baytex will still have over 80M$ of cash to spend on Clearwater for example !!!


Imagine if Baytex made 700M$ in FCF in 2022, they could fully repay 2nd long term debt of 500M$  in 2022 !!!  UNBELEIVABLE !!

For the fun of it, what is your split !?

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities