Baytex Energy Corp T.BTE

BTE SP at end of 2021 ?

[forecast123]

After hearing today presentation, what is your guess of BTE SP at end of 2021 ? I think very surely it will be more than 3$C...  but will it be 5$C, 8$ C or 10 $C  or as  promising as more than 10$C ? I am interested to know your thought and your level of optimism within reasonable level ....

[BayStreetWolfTO]

My assumptions not including Clearwater which I think can significantly change the story. I preface the discussion by stating everyone should always consider a financial advisor for any advice. Additionally these are not forecasts or expectations, they are only what I feel I would like to see. No one can predict the future so I am not here to state what the price will be or even should be...only

[JohnnyDoe]

Did you listen to the presentation today? Your post is a repeat from several days ago At 65, debt is expected to be 1.4 at year and it was emphasized that we're above 65. Buy backs and dividends will start at a debt to ebitda ratio of less than 1.2. At 65, that is mid q2 2022 to q3. But again, we're above 65 and many believe we'll stay above 65, well above. In fact it's not out of

[BayStreetWolfTO]

Hi JD, I did listen. Agree we are above now much like the company I like to be conservative. If you read my comments I said I would like to see debt at $1.5 and would be very happy as a long term holder. Factoring in 100+m plus for contingency. As I have said repeatedly under promise over deliver that is what I like you may be more aggressive but that's OK. Again on dividends/buybacks I am

[JohnnyDoe]

I questioned you because your numbers are several days old and the info from today's presentation are different You're looking for 1.5 debt at year end. I heard at 65 we're at 1.4 at year end. At this point, 65 seems conservative as there isn't a real catalyst for a catastrophe short of a new aggressive covid variant that vaccines can't handle I also heard getting to 85k prod

[BayStreetWolfTO]

We are on the same page JD. Pardon my conservative nature. At a young age a very long long time ago...it was hammered into my brain be conservative...under promise...over deliver Have a good evening

[Antonyius]

I think $5 within a year if oil stays above $70 and they pay down their debt at an accelerated pace, clear water might add another $1-1.5