RE:RE:Insider Stock Buying Reaches CA$5.4m On Baytex Energy Come on. You know and we all know that you know that's not how to do a company valuation. In your world everything is out the window. AAPL is horribly overvalued by your metrics. Should be a $15 stock.
Being disingenuous is a credibility killer.
1234bmth wrote: based on 2024 budget plan at $70 WTI in 5 years BTE generates $2.9B of FCF and assuming no buyback, no dividend, no asset purchase and no asset disposition and all goes to debt and remains $400M cash, let's say another 5 years of $70 WTI BTE makes $3.5B assuming no interest expenses, so roughly $4B cash on hand in 10 years which is not even $5 per share and management report says 10 years + inventories, in short at $70 WTI BTE is not worth more than $5. BTE absolutely needs $80+ WTI for at least 5 years.