Baytex Energy Corp T.BTE

BTE Interest Expense

[MLEWICKIMBA]

Given 4BLN Canadian in sales and 365 days a year and estimated interest expense of 175m cad this year.
It takes 15 to 16 days of sales to accumulate BTE interest expense.

9 more days.

In comparison ATH is 4 days.

But BTE is a different BOAT that's for sure.

Debt and interest aren't an issue despite the hype.

11.5 months is dedicated to Capex and shareholders.

Undervalued!

ML