Post by
EstevanOutsider on Apr 05, 2024 12:36am
Nugget Capital Partners says sell Baytex
Good article explaining why Baytex is a sell here from the team at NCP:
https://nuggetcapitalpartners.substack.com/p/red-alert-the-signs-were-there
Comment by
GotNoPension on Apr 05, 2024 1:09am
Only a moron would sell BTE now unless buying back lower on a dip.
Comment by
Swackaboozy on Apr 05, 2024 5:16am
Nuttal says free cash flow for Baytex at $90 Wti is 40% anyone out there have the figures on Bte;s price sensitivity?
Comment by
Marty47 on Apr 05, 2024 8:12am
Go on their presentation and you have it all , now I figure out this quarter compare to last quarter average wti vs q2 at 85 wti Baytex will generate92 million to 100 m more fcf for the quarter , as the quarter already started I don't see getting an avearage 90 wti but if so it will be an extra 165-170 million fcf in q2 but hey can't tell you I'm 100%
Comment by
Antonyius on Apr 05, 2024 7:47am
Nuggett capital is one random guy sitting at home pretending to be a firm. Don't know why Estevan comes every few months and post something for them.
Comment by
Marty47 on Apr 05, 2024 8:16am
Omg these clowns are the same as motley fool , one day sell sell .....2 days later best investment to hold forever ..... I remember saying once "Baytex won't make another year " personally it's not even worth having a Quick Look at what they say lol