RE:RE:RE:BTE after dealYou're right Manitoba Canucks !
Actually they hold the buyback shares !
Probably hold also the production for Ranger OIl until the deal is sign !
So I expect the LT Debt end of june probably around 600M$ (Baytex only)
I have to verified for Ranger Oil, but I think they hold too their buyback and paid their debt !!
Better return for shareholders, with the deal.
So good opportunity to reduce O/S shares dilution and increase US institutional financing.
With a FCF over 1B$ at 80$, a lot of US bankers will come aboard !!!
Imagine 85 90 95 100$ It's an avg. of 92,50$ US per barrel for 2024, for my point of view it's a safe call !!!
I don't expect any significant move tomorrow for the whole market !
So nice Easter holiday for all !!!
Next 3 weeks of april should be very interesting .