Baytex Energy Corp T.BTE

Sophisticated investors understand hedging

[BayStreetWolfTO]

Nowadays this is a prudent financial decision. With experience comes insight.

Plenty of production unhedged which also helps management exceed their current 5 year plan.

Management remains ahead of the 5 year plan. Looking good with every passing day.

[topdown99]

Hey Wolf , put that piece of fluff on ignore , he sold out at $0.68 (being cute) and is still waiting for $0.39 . He couldn't win a lottery even if he held the only ticket .  Your points on hedging are well articulated and keep in mind , most of those hedges were forced on BTE by the bankers . We'll all see who is laughing in another year or two . 

[BayStreetWolfTO]

Agreed topdown99...yes changing needs/requirements are encountered by many business including those which are debt driven. That said BTE has a great go forward plan. As I have mentioned I will hold and monitor management progress through June 2023. I believe in June 2022 and June 203 we will be in a completely different place with the debt, share price, and outstanding float. I would not want to

[topdown99]

lol , back in my day our bus driver would just hammer on the brakes so anyone standing in the aisle would go for a tumble . It kept everyone in their seat , lol .