Baytex Energy Corp T.BTE

Debt repayment

[Dano57]

Bay
My concern is if they pay back too much debt too fast someone will swoop in and steal the company before the share price reflects the fundamentals.  What do you think?

[Cobalt]

Sounds good to me give me a 50% take out all kinds of other names to swap into not a problem

[Dano57]

Brookfield stole IPL just as they were ready to kick butt. BTE is worth 12-15 anything below sucks

[Cobalt]

I dont get it , not like BTE is the only energy name not even the best by far , give me 50% tomorrow and that 50% now returns even more in a different name. 

[Nothingmatters]

Given all the parameters, i think bte is one of thf best names....if wti stays above 85... i would not br hrre otherwise

[Cobalt]

In my book its one of the cheapest and "should" outperform but there is a growing opportunity cost waiting on that should , lets see when they report 

[byloselhir]

i have a steal of a deal for you, my sell order is in at a LOT less than $15!

[Antonyius]

Super disappointed in that. With that said I don't think oil companies are looking to do much acquisitions now

[masfortuna]

If you want the sp to increase quickly, the debt needs to keep being reduced. If you are here for 3-5 years then divy or buybacks is what you want. I want the sp to appreciate asap.

[BayStreetWolfTO]

Dano, sorry for the late reply. Here is my opinion. First, I believe the current management philosphy works well and is balanced 1. Right now they are working to $1.2B in debt (probably achieved in April). At $1.2b in debt I don't believe any O&G company is looking at taking on this debt (every company out there is mandated with 1. Debt reduction 2. Share buybacks 3. Dividends 2. When

[Dano57]

Thank you for you reply.  Go BTE!