Baytex Energy Corp T.BTE

This will be ugly tomorrow

[JohnnyDoe]

Bottom line, 1 year of Ranger on the books, oil averaged 80.26 for the year (that's a simple average of each monthly average, might be off a hair either way). They paid down 175M of debt in a year at these prices. Shareholder returns are 50%. Debt target to increase shareholder returns is 1.5B. They'll basically NEVER get to the debt target at 80 oil.

[dandu1924]

Not surprising, I am done with this BTE stock. I will see if we can be back  over $5  or a little +.  Bye Bye  SOLD OUT. Too much is too much.

[JrOGInvestor]

It's already been ugly. They need oil to be range bound between 75 and 85 for them to sort their scat out. They still book over 10 million a day at 75 dollar WTI, it can't stay messed up forever. Lemmings already think the sky is falling when oil falls below 80, not to mention 'when the algorithm that tells people that can't think for them selves runs afoul' (and I say this as