RE:RE:WTI avg. for October $71.99dllscwbysfn wrote: Well banana you might want to ask Baytex where their debt is today. Since the last earnings report the Cdn loonie has dropped by about .03 cents. Many people say this is good but I have memories of BTE telling us they didn't pay any debt due to the change in currency, just saying!
How much of the debt is in US versus Canadian dollars?
Bte needs to drive that debt lower. Meaningfully lower.
Look at the Fcf bar charts I posted. If you're leading the pack on fcf yield yet trailing the pack on stock appreciation, the market clearly doesn't like something. In BTE's case, that something is debt and the 50% shareholder returns compared to many companies having hit their targets and paying out 75-100% shareholder returns