Post by
BayStreetWolfTO on Nov 22, 2022 7:01pm
FX Translation BTE debt est. ~ $1.006B as at 11-22-22
Taking the $1.114B adjusting down for the current F/X gets to $1.092. (1.3826-1.3369)
Est FCF ~ $200M in Q4 (depending on final Clearwater drill totals)
$200 / 92 days * 53 days to Nov 22 * 75% to debt ~ $86M
$1.092 - $0.086M = $1.006B
Almost there....just waiting for the long weekend to break through....
Also as JD mentioned lower interest, higher productions, better payback (Clearwater) etc etc...
Here we come 2023!
Also enough room now on credit facility to wipe out LTD in 2023....WOW!
Comment by
David01montreal on Nov 23, 2022 9:21am
This post has been removed in accordance with Community Policy
Comment by
GambinoB on Nov 23, 2022 9:49am
2022 full year guidance for interest expense was $79 million (versus $92 million last year) saving many millions from debt payments even with ratss changes. I think WCP has over $2 billion in debt. Thats like double. Baytex is in a great spot
Comment by
dllscwbysfn on Nov 23, 2022 10:51am
This seems a little unlikely that they will have 200m this quarter in FCF to go towards debt and buybacks. How much of FCF did you pay out to capex?