Baytex Energy Corp T.BTE

CC: CEO: Ranger Is GOOD But NOT As GREAT As MRO EF Assets

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- MRO EF SHALE assets are the CREAM OF THE CROP {"Tier 1", "Tier A"}

- Ranger Oil SHALE assets are "TIER 2+" {"Tier B+"} 

- we have the LAND BASE, TALENT and CAPITAL to GENERATE HUGE FREE CASH FLOWS in the CURRENT PRICE ENVIRONMENT
 
- strange, NO QUESTIONS on TMX which will STRONGLY BOOST OPERATING MARGINS of the BTE HEAVY OIL assets WHEN IT STARTS OPERATING in MAY 2024

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[downwithdotcom1]

meh...WTI/WCS differential will (already has started) shrink but operating margins likely won't change much as the TOLLS on the TMX will be 2-3 times HIGHER than initially envisioned.  dwdc