Baytex Energy Corp T.BTE

Hats off to Eric Greager

[riski]

The more I read about this deal and the more I run numbers, the better it gets. I can't believe BTE was able to pull this off. The big risk now is the deal not going through because of a white knight, especially a the price they paid.

BTE is a heavy hitter now and selling at 36% cash flow yield and strip and 63% cash flow yield at $100. Incredible value. The market is going to take a bit of time to digest the acquisition, but it won't take to long at these prices. 

Congratulations to all the new shareholders. Much reward awaits.

[Snowballer]

The irony is if the deal doesn't go through the stock will pop up! Lol Not to mention deal break fees could be used as one time special dividend or buyback shares or pay down  debt. 

[riski]

I'm not sure it would pop up. I think the share price would languish if the deal fell through. Right now short term owners, largely retail are being replaced by institutional buyers that can take a longer view. Soon, the short term retail investors will be exhausted (?80 million shares...already 55 million have bailed) and we will be left with investors who know the true value of what they are

[Snowballer]

So then it's a drop on the deal and a drop on no deal loll.  Say's everything you need to know about this company. If it doesn't close mgmt will be laughed at cause they can't close a deal the market didn't even want in the first place and investors will be reminded of the erratic pivoting this mgmt team tends to do at the worst times. Pray oil runs cause this is going

[dandu1924]

This is my concern too, Greager is playing with the name of BTE,  with this  180 degrees turn, the market does not like it ,because Greager what he said before does not reflect this 180 degrees, so I am still confident but less as  I  was before and if the share price is going down and down again I will give up because the song remain the same with BTE, too much is too much in

[65F09A]

I assumed the pumps would take a day off but NOPE! Thanks for buying $3,500,000,000 worth of: TIER 2 ASSETS (we hope) IN A MATURE, DECLINING BASIN WITH A 39% DECLINE RATE What would we have done without him!

[riski]

Yet you are STILL here posting about it. Those who are truly uninterested haven't loaded this webpage for days. You are curious. I don't blame you. Some FOMO should bring you on board soon.  Cheers.

[OLIVIER1951]

Baytex va  t-il  payer  un  divende  en  mars