Reading a lot of commentary ........ on various stock forums that companies that have focused solely on deleveraging in 2023 have well out-performed those who undertook acqusitions in 2023. Sure ... numbers don't lie but they don't tell the whole story either and that story ending isn't known until it is known.
On the flipside ... those companies that took the bold step to make accretive acquisitions in 2023 may well have the optics of being poor performers but position themselves to massively out-perform those in 2024 that took the less accretive way in 2023.
As always ... time will tell but it's looking dang fine for Baytex from my vantage point looking into potential for 2024 based on the bold moves made by Greager and co.