DebtQ2 2022 will see them reach the 1.2 billion. Q4 already has shown approximately a $10 barrel increase in the price. In 7 weeks hedges are significantly improved. We may see them reach that 1.2 billion early in q2 which would allow a possible allocation to a divi or share buyback . I prefer share buybacks at this point. No surprises and everything looks like it is heading in the right direction.
To the poster who pointed out 90 million in interest payments, YES that sounds about right BUT I think that is to date and not just for this quarter. I will need to actually look at the numbers later this evening. That is why the earlier this debt is lowered the better the health of the company.
Go Baytex Go!
Mas