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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 > Anticipation April Presentation
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Post by fortunefavorsus on Mar 31, 2022 12:50pm

Anticipation April Presentation

Like to see them update Clearwater results and first quarter production, give debt at end of March, FCF estimates at higher oil price ranges, and anticipated start date for buybacks.
Comment by BayStreetWolfTO on Mar 31, 2022 1:01pm
After today 19 trading days until the Q1 results. 1. They can not publish "debt at the end of March" tomorrow...first they wouldn't have final numbers yet on day 1 of a financial quarterly close...second no management team would release "bits" of financial data before the quarterly release. There would be no benefit. 2. Currently the presentation shows $75, $85. Point of ...more  
Comment by fortunefavorsus on Mar 31, 2022 1:34pm
Don't buy it companies release financial updates all the time you just don't give exact numbers.  They may choose not to report but most companies know their debt levels within a narrow range.  As releated to the stock buyback they could tell us if submitted for approval.  Clearwater results why not update with current info.  Why don't you want them to report?
Comment by BayStreetWolfTO on Mar 31, 2022 1:46pm
Why, becuase I feel this has NO bearing on my current position. I am long through June 30, 2023... How exactly does a 19 day shift in news impact my long-term position? It doesn't that's silly. This would only help short-term flippers...who of course want a bang prior to release Trust me I have seen this game for years...lots of Cdn O&G holders who flip from one bird to another ...more  
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