Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
LQWD Technologies Lightning Network Infrastructure Surpasses 1 Million Global Transactions (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Baytex Energy Corp > BASIC RULE: NCIB Is DETERMINED By MONEY & NOT TIMIMG
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(79)
•••
Comment by raven16on Mar 19, 2024 12:03am
125 Views
Post# 35939767

RE:BASIC RULE: NCIB Is DETERMINED By MONEY & NOT TIMIMG

RE:BASIC RULE: NCIB Is DETERMINED By MONEY & NOT TIMIMG
ztransforms173 wrote: - it is JUST AMAZING to READ that SOME BTE OBSERVERS {HOPEFULLY SHAREHOLDERS} DO NOT UNDERSTAND the MECHANICS of Baytex Energy BUYING BACK their PUBLIC FLOAT common shares

- the FREE CASH MONEY has TO BE IN THE DOOR to ACQUIRE BTE SHARES in the PUBLIC MARKETS  

- the 7.375% 2032 Notes EXCESS FUNDING will NOT be USED in NCIB TRANSACTIONS but MOSTLY to DRAW DOWN the USD CREDIT FACILITIES and I believe SOME , about USD 30 million; will be ADDED to the USD CASH BALANCE to INCREASE WORKING CAPITAL {mainly FINANCING the account receivables with HIGHER WTI-LIKE prices for the light sweet shale cride oil}  

- so the NCIB will OCCUR when BTE is GENERATING FREE BULK CASH FLOW and this will HAPPEN in the Q2 and Q4 QUARTERS of the year

z173


It's Amazing Smart Guy How You Would Know This...........

I believe SOME , about USD 30 million; will be ADDED to the USD CASH BALANCE to INCREASE WORKING CAPITAL
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities