RE:RE:Recent outlook of Baytex potential ...Sadly for investors, that RBC discussion notes 5.0B in acquisition costs for US based assets. Apart from the US based assets, the company has roughly 60,000 barrels a day of Canadian production. Current market cap is 3.8B.
You'd think if they were deriving any value out of the US assets, those assets plus the Cdn assets we'd be looking at a market cap north of 8B as a minimum