Post by
ManitobaCanuck on Feb 15, 2023 2:58pm
Buybacks
Have not seen any buybacks filed for January 2023.
Am i missing something?
Comment by
TheWokeLemming on Feb 15, 2023 4:07pm
I doubt there has been any or much with WTI where it has been the last 6 weeks. I'd argue it's a good thing though as it frees up more cash flow to put towards debt. Here's hoping BTE has a large debt payment for Q4 in next week's numbers. Seems like nobody here actually wants to discuss Baytex Energy so thank you for initiating the discussion.
Comment by
dllscwbysfn on Feb 15, 2023 4:21pm
I would guess that they bought back another 1.75 million shares. Woke , you have to take into account that the share price was also lower. WTI probably averaged mid 70s which is still very profitable.