Baytex Energy Corp T.BTE

@ Today's SP & STRIP PRICING, BTE will CANCELL 40+M Shares

[ztransforms173]

- in 2024

- pay $ 74 million in dividends

* {personally, I believe that this is an INDUCER for the HEDGE FUND to KEEP their 102 million BTE sharres}

* IF I were the BODs, I would ELIMINATE DIVIDENDS and MOVE the MONEY to SHARE BUYBACKS with the HIGHEST RETURN in the CAPITAL RETURN FRAMEWORK

- and REDUCE NET DEBT by $ 300+ million

- SLOW and STEADY is the NAME of the GAME

z173

[dandu1924]

Yes they should eliminate the ridiculous dividend, this ridiculous dividend does not  change much in my pocket, just  enough money to buy trio Big Mac  ( joke ).  They should focus on their debt like ATH did and you see the market has  rewarded ATH.