Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > Question for BSW

View:

Post by forecast123 on Mar 04, 2022 2:28pm

Question for BSW

Question for BSW: In today market call, Eric said the Russia/Ukraine war has pushed the energy super cycle thesis ahead by 9 to 12 months....I recalled your past posts last year saying you plan to hold onto BTE at least till mid 2023, see what happens then, and reconsider hold or sell ... With super cycle pushed ahead by 9 to 12 months, will you push ahead your hold/sell decision from mid 2023 to Q3 2022 ?

222

Comment

Comment by BayStreetWolfTO on Mar 04, 2022 2:41pm

It really doesn't change my date FC. I think for me to see true value I want to wait for a few action items; 1. Zero debt. 2. Buybacks (get the float below 500M) 3. Dividends (Once we hit zero debt I would like to see 75% of FCF to dividend/buybacks. Bonus if you get the float to 500M or less in the meantime) 4. Transmountain As you can see I have many things I am truly waiting for so ...more

175

Comment