Baytex Energy Corp T.BTE

Snow, not sure if you saw this...something I thought about

[BayStreetWolfTO]

Posted earlier...I think it shows that stigma of BTE debt is still there...I think you get to $800M and with dividends and buybacks that goes away real quick....2022 at these prices.


Debt an interesting perspective

I agree BTE 75% of FCF to debt.

That said some interesting perspective...right now Baytex debt is below where WCP debt was in Q3-21

Also perspective there was not 1 comment that WCP debt was too high in Q3-21 when reported in Oct 21...only 6 months ago.

It is interesting though...food for thought

[Snowballer]

yeah I agree and have thought about this over the past few months, debt stigma of BTE vs. others like WCP or even MEG.  I think we see pressure on the sp but it will roar as time moves on and debt reduced and buybacks happen.  Hopefully the pressure does take the sp lower so BTE can buy back more shares.  So really its a win win.  More time to buy back at the lows for