Baytex Energy Corp T.BTE

Baytex is looking good…

[Nextlegup]

Trading up on a down day from WTI...sweet!

If Crude prices can establish a decent footing, Baytex should be a cashflow monster...and with the projected upside
on WTI, I believe shareholders are going to be happy over the next 6-12.

I've continue to shift my portfolio to an overweight in Baytex...We'll see how it goes.

GLTA

[riski]

I keep seeing this sentiment on here from (seemingly) new posters and I think it's worth pointing out the inaccuracy. Baytex does NOT need higher WTI to do well and for shareholders to be happy. Baytex is a cash flow monster today, last month, and 6 months ago at these same prices. There is tons of cash coming in. Nothing has changed in many months except for the share price tanked after the

[dllscwbysfn]

Ya, but it would be a lot more fun at 80$ wti

[riski]

Yes, but the share price would be a lot higher today at $80. There are probably thousands of retailers with this on their "watch" list and are waiting for something like that....$80 WTI. I don't understand why. The value of the company is increasing every day, but an investor wants to wait until it's $6 or $7/share before they buy. Presumably because of the same line of thinking.

[OLIVIER1951]

target  combien  dans 1 an

[dandu1924]

si on regarde le passe en 2022, BTE etait  aller de  $4.00  $9.40  dans un cours temps, il devrait suivre la tendance, donc je dtiens CPG, ATH, BIR et BTE devrait les suivre mais je m'attends a plus de torque, je veux il peut nous surprendre encore plus. Mais je suis long donc pas de panic avec les up and down.

[Nextlegup]

Riski I agree, hence, I've loaded up on Baytex... The reason BTE is trading where it is, is because investors are still becoming comfortable with Baytex's debt relative to their new consolidated cashflow numbers... Once Baytex updates it's new numbers, stripping out the wildfire anomolies, investors will have the proof they need to hop back in... Cheers

[riski]

I think you are right. The debt looks like an enormous burden on the old 75,000 BOE Baytex, but it is not a large amount of debt under the new, much bigger Baytex relative to cash flow. Otherwise, it doesn't make any sense for one company to trade so far below the value of its peers in a sector that is undervalued to start with.   

[red2000]

I can't find a public cie, which is able to reduce it's LT Debt by approx. 2B$ in only 2 years or less. Baytex will do it, and without selling any lands ... I am waiting for Q2 to see more about their strategy... Increasing boe/d on the Ranger initial wells with low CAPEX, higher Oil + higher Nat gas with a quick payback. How about selling CDN lands ... Updating Hedges on Ranger Oil