Baytex Energy Corp T.BTE

Brian Ector's guidance weeks ago has been validated.

[HeavyBanana]

Very strong numbers for Q2 and FCF projection of $700 million can certainly be met as E&D comes down in a big way for Q3 and Q4.

All they need is to keep the "steady as she goes" discipline.

The debt blah blah blah is overplayed in my opinion. I get it, it's a metric that gets emotions running high but some of the people posting here sound like they are about to have a major jammer, good grief.

[JohnnyDoe]

Debt is overplayed? I'll call bs on that.  Here's what the release says  Our total debt(3) at June 30, 2024 was $2.5 billion, largely unchanged from year-end 2023. Continuing to strengthen our balance sheet remains a priority. Based on our forecast free cash flow and shareholder return profile, we expect a reduction in total debt in the second half of 2024. We are now

[Marty47]

Y'a that's what I suggested to sell the USA and move to Canada to regroup , they are driving a Bentley on a 30k salary per year .... 100$ oil won't happen 

[ztransformer172]

This post has been removed in accordance with Community Policy

[dandu1924]

Yes, I am feeling the same. ????