RE:RE:RE:What if...Hi
Please see the proforma merger presentation of Baytex where they speak about 1billion in FCF of combined entity at $75 WTI . Every $5 increase in WTI increased FCF by 218mill/yr ,$1 decrease in WCS differential increases FCF by 17mill/yr and Change of US$0.50/MMbtu NYMEX natural gas increase FCF by 15mill .
Last 6 months no repurchases by BTE or Ranger . Oil averaged approx near $80 in Q1 2023.
Even a conservative 75$ WTI should net 500mill every 2 quarters for combined company assuming deal will close at q2 end