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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 > Scotia...
View:
Post by red2000 on Jul 28, 2022 11:49am

Scotia...

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Comment by Maxmoe on Jul 28, 2022 12:18pm
How embarrassing for Scotia. How on earth can you with a straight face have a cashflow multiple of 2.3X and a target of $9? And they lowered their CF estimates? Cmon Scotiabank, that sounds dumber than you think. Cashflow of $3 PLUS is very achievable even with BNS assumptions. Clearwater growth, fewer shares o/s and big debt reduction all say run up to $12, or more, to me.
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