Post by
JohnnyDoe on Aug 11, 2023 11:23am
BTE. American or Canadian company ?
I think we'll be a couple of quarters before we really start to see the impact of the Ranger acquisition
BTE has an American CEO with an American track record that is HQ'd in Calgary. Production wise, about 60% comes from the Eagle Ford.
We know that American companies trade at higher multiples than Canadian companies (thanks Justin). When we talk about where this stock price might go, I think a large part of that ends up resulting from how the company is perceived a year from now.
Weighted to US production and trades in New York. Would be nice to see an American multiple
Comment by
Nothingmatters on Aug 11, 2023 11:33am
Yes a higher multiple would be nice...it is now basically us can jointly held company...loved by both sides... go baytex go