Baytex Energy Corp T.BTE

same old,

[dllscwbysfn]

same old. looks like they bought back about 7M shares last month but they did not pay back any debt.Why NOT???

[dandu1924]

BTE does not make the money to pay back their heavy debt. And probably they are buying back some shares just in case they need more money and they will put  an new  issuance of shares to finance their basic operations.  The big issue is:  all their numbers are  with an WTI at $78.50.  From July  BTE  did not make enough money  to meet their expectations

[Marty47]

Ninecomepoop dandu I was just wondering when you would post a negative comment today , you probably totally depressed today , take a little Paxil or Xanax you will see better the light at the end of the tunnel lol 

[Stockhudson]

but they are making money    not enough for your taste    if I remember anything over 55.00 is making money  

[lnggasfor202324]

For all those who bought on Nuttals recommendation are just getting Nuttaled.  I wonder what Nuttal did?  Should see next time he comes on Market Call.

[IainCaimbeul]

I heard on the grapevine Nutter blows dead bears as a pass time.

[robert41]

He's increased his position here and Meg... and I think Arx as well not sure about others

[IainCaimbeul]

So what?

[IainCaimbeul]

Over $55, (cripes $70 cannot do anything), how does that contribute to the stock price which has been tanking? I don't give a ratz azz if the company is making money, I only care if I  am. Ditch this idiotic dividend, I did NOT buy this stock for a pitifull dividend yield. Revenue, wells drilled, Boe, properties, ebita, bla bla bla  etc means sfa to a shareholder without results.

[Stockhudson]

well we had a chance to buy at .32 and that means we are making money   I am tempted to average up at these levels but havent pulled the trigger 

[JohnnyDoe]

If you're looking at the debt figures on slide 13, the footnote notes the debt at June 30.  Buybacks have to be disclosed monthly. A debt figure you're only going to get 4 times a year.  I suppose you could always ask IR and see how they resond

[dllscwbysfn]

You are correct and I should know better.