Baytex will never look back ...It's a life changer for many investors who take the risk, and play the contrarian investor role !!!
Look at it here :
Feb. presentation : https://www.baytexenergy.com/files/pdf/corporate-handouts/2022/2022-02%20February%20Presentation.pdf
I just review my forecast...!!! Forget my initial 6 to 8$ target price ! Now, I have to admit the 10$ mark for 2022 is a real possibility if WTI stay over 85$ !
Waiting for new analyst coverage after YER feb. 24, if they have the same target !
Baytex has all the ingredients to make the perfect recipe.
Long term debt free before end of 2023, the 5 years plan is now a 3 years plan !
Very economics results for new drilling in Clearwater, under 4 months !
Increase capacity of production at 85,000 boe/d faster of the original plan !
Hope to see more NGL in Eagle Ford !!!
Cash capacity to increase quickly new drilling compare to it's peirs !
Starting dividend quickly, probably before Q2 2022 !
Buyback shares program from 5 to 10% of out. Sh. already in 2022 !
More to say shortly !!!
Hold on, the ride continue !
GL LONGS !
Many thank's especially for Topdown99 and 2021Gamble, and others, to helped me beleive it !