Baytex Energy Corp T.BTE

Watered plants ..lol

[Frank007]

Batex has 857 million shares outstanding ....if you cut the shares in half and double the price still not cpg or wcp ....Batex is on a hamster wheel in the eaglford ....60  % decline rates on shale wells .....cpg wcp not so much ....that's why ...

[WaterDPlants]

The share price is based on the income per share or anticipated income per share (otherwise known as discounted cash flows). Net income per share allows comparisons of companies with differing share counts. But, keep buying your Fronterra whose production is mainly based in Columbia. You do know the Columbia government banned all new oil and gas leases. Which hamstrings companies with Columbia

[1234bmth]

For the rational investors net income is not the main indicator of the companies performance, FCF and operating margin are the main factors. Net income can be impacted by unusual events such as impairment, high depreciation, sell of assets for the period and so on. 

[1234bmth]

And more over discounted cash flow is not based on net income rather most of the time it is based on FCF from operations and in some cases based on fund flow from operation.

[Kelvin]

Yes 1234bmth, I've been picking away at a textbook someone gave me called Financial Accounting by Needles&Powers. In the chapter "Financial Performance Evaluation" it says "Because cash flows are needed to pay debts when they are due, cash flow measures are closely related to liquidity and long-term debt solvency."  The text then covers 3 measures: 1) cash flow

[Kelvin]

Further to my last post I've been told that you really have to dig into the details of the futures contracts. For example, if a company has committed to deliver oil that they don't have then in order to deliver on their commitment they have to buy it in order to be able to deliver it. If the oil price that they buy oil at goes higher than the price that they agreed to deliver oil at, then

[JohnnyDoe]

BTE's shale play is different from other shale plays how?  As far as I can tell, those shale plays are valued much better than any Cdn oil play so unless you can tell me Frank how BTE's play is different from other shale plays, well, you're just blowing smoke like usual