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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > To BTE management. Keep doing what your doing!
View:
Post by BayStreetWolfTO on Aug 09, 2021 4:39pm

To BTE management. Keep doing what your doing!

1. Focus on FCF (415+m per year at these prices)
2. Pay down debt (down to $1.4b this year wow!) Clear off the 2024 note on June 1st 2022 as soon as the agreement allows.
3. Buyback cheap shares complete a SIB not a NCIB (the cheaper the better $2 great, $1 awesome, $0.50 I will be competing on those buys!)
4. Issue a dividend
5. If Clearwater development can accelerate FCF, debt payment, share buybacks and dividends do it.

Preferably in that order and keep within 80-85k bpd

Ignore the share price focus on the enterprise strategy, operations and efficiency.

With this you will find 100% support
Comment by Snowballer on Aug 09, 2021 7:21pm
To my good man BSW... it's "you're" not "your". while spelling is forgiven here cause it's like texting and we're not here for a spelling B lol, every time you post this repeat title I cannot unsee the improper use of "your".  THAAAANKS!! Lolll  
Comment by BayStreetWolfTO on Aug 09, 2021 8:18pm
That made my night. Yes I should really edit that lol...