RE:RE:RE:BTE in Q1 2025Yes this is all true. They also reported that production was going to fall in the first half of 2025. We will learn a little more in early January as to share buybacks done in December which will give us an idea for FCF. This might not be to pretty as it looks like wti is about 5- 6 lower than last Q. All that being said somewhere along the line this stock is going to be a great buying opportunity. I don't know when so I will wait into the new year to see if there are ay signs of strength.
1234bmth wrote: Read the 2025 budget, in Q1 2024 while WTI was $75+ BTE's FCF was -$80M, so this time WTI is below $70 and BTE has the same strategy to put more capex in Q1 2025. This is very logic, unless WTI climbs in Jan or BTE changes the strategy and puts equally capex from Q1 to Q4.