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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 > Yes, kingandbay
View:
Post by BayStreetWolfTO on Jan 07, 2022 9:38am

Yes, kingandbay

You can't argue with those who can't follow simple math.

Debt reduction = increased share value (increased shareholder equity)
Buybacks = increased share value (lower float)
Dividends = increase share value (direct return of cash)

You can't argue with individuals with most likely no financial acumen
Comment by ceenalot on Jan 07, 2022 10:14am
I'll add one more which is significant  for share price Wolf change in market sentiment with regards to Oil stocks ...the pendulum is beginning to swing back in a positive direction
Comment by KingandBay on Jan 07, 2022 10:17am
Definately and the swing is data driven.
Comment by BayStreetWolfTO on Jan 07, 2022 10:35am
Agreed, shifts in data have increased positive sentiment. That said some continue to battle the trend and attempt to create negative sentiment. That will never change. The "Greta camp" Which has been great for current energy holders.
Comment by BayStreetWolfTO on Jan 07, 2022 10:33am
I agree. Everyday I look at the news tech negative energy positive.
Comment by Unlucky on Jan 07, 2022 8:10pm
Wolf this is all true but it will be slow as molasses at $65 oil.  We need $90 oil in my honest opinion for my price targets.  Sorry, most of us are not happy with a $3 or $4 stock.