Josh Young - Baytex is so misunderstood !!! So...https://twitter.com/Josh_Young_1/status/1461344623666905091
Good opportunity for Ed and is management team, beginning of december !!!
A lot of subjects to explain and discuss with shareholders :
Expectation of Clearwater project, short, medium and long term.
CAPEX involve, boe/d expected per period of time.
Budget 2022
Solutions to increase netback per boe/d.
Solutions to increase NGL.
Increase FCF, reach 25% is it possible...gradually !!
Renegociate interest % on 2nd long term debt of 500M$.
Try to optimize Hedge $ or % of production impacted by the hedge for 2022 !
Base on nov. presentation page 13, seems to have only 2,000 bbl/d (4%) on te WTI 3-Way Option for 2023 !!
Average Sold Put / Put / Sold Call (US$/bbl)
$55/ $66/ $84
Partnership with other producer to exploit others claims like Duvernay.
That means : Sell claims or take royalties on it or partnership to develop and exploit properties.
Still LONGS !