The FCF machine still rolling !!!!Words of EN !!! Thank's to zack50 !
https://stockhouse.com/companies/bullboard?symbol=t.sgy&postid=34734575
Read again June presentation of Baytex, page 12 :
https://www.baytexenergy.com/files/pdf/corporate-handouts/2022/2022-06-1%20June%20Presentation.pdf
My own calculation about FCF, with their numbers !!!
Imagine 2023 with no debt payment :
Baytex - 2023 | | | | |
WTI price | Yearly FCF (M$) | FCF / Sh. | Quarterly FCF (M$) | Quarterly Div. / Sh. | Monthly Div. / Sh. |
75 $ | 610 $ | 1,12 $ | 152,5 $ | 0,28 $ | 0,09 $ |
85 $ | 825 $ | 1,51 $ | 206,3 $ | 0,38 $ | 0,13 $ |
95 $ | 1 000 $ | 1,83 $ | 250,0 $ | 0,46 $ | 0,15 $ |
My estimation start here | | | | | |
105 $ | 1 105 $ | 2,03 $ | 276,3 $ | 0,51 $ | 0,17 $ |
110 $ | 1 158 $ | 2,12 $ | 289,5 $ | 0,53 $ | 0,18 $ |
115 $ | 1 211 $ | 2,22 $ | 302,6 $ | 0,56 $ | 0,19 $ |
120 $ | 1 263 $ | 2,32 $ | 315,8 $ | 0,58 $ | 0,19 $ |
125 $ | 1 316 $ | 2,41 $ | 328,9 $ | 0,60 $ | 0,20 $ |
130 $ | 1 368 $ | 2,51 $ | 342,1 $ | 0,63 $ | 0,21 $ |
Avg. O/S used : 545M | | | | |
Please let me know if you have the same probability ! Thumb UP !
Or comments, please !
Still LONG !