BAYTEX SEPTEMBER PRESENTATION - ?? Understand that the presentations are macro representations of what could occur, but a close look at the new Baytex September presentation, in particular slide 12, reveals some interesting differences, from the Baytex August presentation in the area of FCF (afte tax).
It would seem that Baytex does not see itself now at 0 Net Debt to EBITDA until 2025, not 2024 with WTI at 75 or at a price of 85$.
Any thoughts as to why??