Post by
ztransforms173 on Feb 29, 2024 2:22pm
What A Bunch Of HEADLESS CHICKENS On This SH BB !
- BESIDES the $ 834 million NON-CASH IMPAIRMENT CHARGE, the company DID PRETTY GOOD
* on COP
* on COST STRUCTURE
* on GHG emissions
* on OPTIMIZING assets
- WIDER WTI/WCS Price Differentials HURT BTE in Q4/2023
z173
Comment by
dandu1924 on Feb 29, 2024 2:47pm
The market is too much reacting today, just compare with CPG, CPG has $3.7 billion of debt with almost the same level of production and the stock is green today +2.5%. BTE has now $2.5 billion of debt and the stock is red ( lost around 8%) , there is a big problem here with the market.
Comment by
JohnnyDoe on Feb 29, 2024 3:21pm
CPG doesn't have a heardline saying that they lost 800M CPG has a debt to EBITDA target at year end 2024 of 1.2. BTE at year end 2023 that ratio is 1.1. The BTE debt is more "under control" that the CPG debt in my view . But, that headline is nasty