Baytex Energy Corp T.BTE

VEREN had decent results and yet???

[downwithdotcom1]

VRN had what was called in-line results  as per initial analyst commentary . Of note, VRN is continuing to drill some of the top oil wells in the MONTNEY as is returning 60% of FCF to the shareholders. Their divi is near 5% but (like BTE) they have a sizable debt load.

End result, HI of the day $10.58, low $10.14 and is still down 25 cents EVEN WITH WTI RECOVERING from a drop of more than a $1 and now up 48 cents...just what will it take for these stocks to align with analyst targets???

BTE shares at least some similarities and i expect decent , in-line results from them as well. More importantly , will they get the same kind of "no love" from their results??? Right now, BTE is still sub $5 and its looking more and more that the market still sees DEBT as a major concern for BOTH of these entities..thoughts??? dwdc

[jack4567]

Certainly large debt is a concern, but I don 't think it is the key issue when it comes to stock price moves right after quarterly results.  The key issue is performance to plan: did the company do what they said they would do in the last quarterly report, and the quarterly report before that?  If not, then their guidance for the following quarter--no matter how rosy and/or likely

[mrknight]

Interest rates are coming down and expected to continue to do so which will make it more pallatable for those companies with sizeable debt loads such as VRN and BTE.

[Swackaboozy]

BTE picked bad time to lard up with mountain of debt