RE:RE:Baytex regulatory filingsBuyout rumors view on Yahoo Finance, see below :
It's worth what it's worth ! Any comments on it ?
Here are mine :
I always consider this can happen, selling Eagle Ford , clear the debt, back to a dividend around 0,23 monthly as it was in 2014 ! Not too long ago !!! Remind you,
CAPEX are around 6M$ per well on the Eagle Ford area !
CAPEX at Clearwater are around 1 to 1,2M$ per well (6 to 8 laterals) !
A lot of properties to develop in Alberta !!!
Which US cie may buy Eagle Ford...
EOG : EOG Resources
PXD : Pioneer Natural Resources
MRO : Marathon Oil
Who knows...
Interesting rumour, though !!!
9 hours ago
Just heard tonight from a family friend that lives in Irving an American company is looking to buyout Baytex. Not sure if its and Eagleford Asset or an entire possible buyout. Regardless will entertain the thought of a buying above 20.00 per share. Wonder that part of the reason for the 4 filings after the close? Have to get the votes in for management as well.