RE:RE:RE:Baytex financial forecast 2022Hi JohnnyDoe
I saw an hedge price for 84$ on their dec presentation, but for a very low % of production.
Not sure if the hedge may stay anyway, debt may fall under 800M$ in 2022 if WTI still climb over 80$.
If the WTI, hit 100$ all year in 2023, Baytex may reach 3,2B$ in revenues and
around 1,000,000,000$ in FCF all that with only 85,000 boe/d !!!
For me, It's 15$ + for share price.
The real question, are we able to hold it till this price !!?? :)
GL Johnny, nice to read you !