Post by
red2000 on Sep 09, 2021 5:06am
Good morning Baytex !!!
Interesting article with multiple analsyt view :
https://financialpost.com/commodities/energy/oil-gas/general-investors-had-shunned-pure-oil-and-gas-stocks-now-they-are-poised-to-return-as-a-six-year-bear-market-ends
GL LONGS !
Comment by
jimitwist on Sep 09, 2021 9:32am
Why sell anything at this point. Gutting production would just lessen cash flow and there would still be over 550 million shares outstanding. At current prices, ( wti and share price) they could buy back 10 % of outstanding shares per quarter.
Comment by
masfortuna on Sep 09, 2021 5:49pm
Could but can't. The amount they can buy is based on volume.