Baytex Energy Corp T.BTE

Too excited !!!

[red2000]

This stallion is flying now !!! 
For my point of view, worth way much more compare to TVE !!!

Base on my own very conservative calculation, with only 81,500 boe/d, still 42% hedged at 68$ without Clearwater !

at 78$ WTI = 2,2B$ in revenues, 600M$ of FCF already this year !

at 84$ WTI = 2,4B$ in revenues, 620M$ of FCF already this year !

Imagine 100$ = 2,6B$ in revenues, 700M$ of FCF for 1 year ! It's debt free in 2 years Maximum !

 

Baytex is Unhedge for 2023 !!!! Same production and still without Clearwater !

 

at 78$ WTI = 2,3B$ in revenues, 625M$ of FCF already this year !

at 84$ WTI = 2,5B$ in revenues, 675M$ of FCF already this year !

Imagine 100$ = 3,0B$ in revenues, 800M$ of FCF for 1 year ! It's debt free in 1,5 years Maximum !

Sorry I am too excited, any new bbl/d from Clearwater is ENORMOUS with a payback around 3-5 months !!

If it's stay that way, Baytex is debt free in 2 years !!!

I try to breathe slowly into my bag (not enough space, too much money) LOL !!!

Please do your DD, it's your money !!!

 

 

[GABY51]

TARGET  10$  ESCE  TROP  OPTIMISTE

[red2000]

I am not the only one, excited !!! Nuttall bought another 4 M shares ! And also another very good analyst and portfolio manager,  Rafi G. Tahmazian, from Canoe Financial bought 3,695,500 shares recently!!! Look at it : https://www.morningstar.com/stocks/xtse/bte/ownership So right now,  Institutions increased their position to another 21M shares for a total of 95,397,304 shares

[Paray99]

For sure there is lot of light at the end of the tunnel.... Sorry, there is not even a tunnel.... the light is already flashing all over.... Oil to hit $100 soon....

[Beakr123]

Exciting times but lets not be hoping for $100 oil, thats no good for anybody. Around $80 is great.

[topdown99]

Hey red2000 , you have every right to be excited , BTE closed on a Friday at $4.52 (not $4.47) . Closing above $4.50 was very p[ositive and I can't stop smiling . Last year MBcanuck and I were saying $3 was the target , some agreed with us but a few insisted the sky was falling and we would burn . Well I didn't get burned but I will get a tan courtesy BTE stock performance . Anyone who

[ManitobaCanuck]

I agree with your assessment Topdown . YOLO it is . No reason to sell with Oil hitting higher highs and a possible dividend coming on to the picture . If i sell I only pay more support to my Ex . So rather hold it . Lol 

[topdown99]

When my ex split I insisted on a one time settlement , it kicked the heck out of my finances at the time but I have made it all back several times over since . Right now , my only overhead is the capital gains tax . 

[masfortuna]

Amateurs I say. It's called a prenuptial boys. Unless your wife i s going to put an equal amount in the financial well being of your "union", you ask for a prenuptial.  Can you say it with me?  PRE  NUPT  IAL Mas

[ManitobaCanuck]

Learnt my lession my friend  PRE NUPT IAL  for sure in my next relationship.

[masfortuna]

Unless it's love  mate.  Then every bit of logic goes out the window.

[topdown99]

Say what you will masfortuna , I was a stupid romantic . Trust me when I say , that will never happen again . Funny thing is though , she's gonna puke when she finds out what she actually missed out on , lol .

[masfortuna]

If it's any consolation TOPSY, I too am a romantic at heart.  I married for love. Can't say I regret it. And I bought BTE on Tuesday after selling OBE last Thursday. OBE up 60% in the last 5 days so BTE better do what I expect it can.  mas

[unluckyl3]

This is going to $10.  My shorts are sore.

[van60]

</stop buying extra small undies and go small. no doubt you'll have lots more room to pull yourself.>