I think Baytex will increase is Dividend quickly in 2024.
CPG Quarterly Dividend at 11,5 cts X 625,3 M O/S = 71,9M$ quarterly to shareholders.
CPG Net Debt : 3,7B$.
BTE Quarterly Dividend at 2,25 cts X 834,3 M O/S = 18,8M$ quarterly to shareholders.
BTE Net Debt : 2,7B$.
Lot of room to increase it, may be a new strategy for 2024...
SIB only to buyback shares of Juniper, the rest for dividend at 4 cts quarterly.
Let's all post here, our own strategy for 2024 for Baytex.