Baytex Energy Corp T.BTE

CC: Analysts Have LOST INTEREST In BTE !

[ztransforms173]

- Only 2 QUESTIONS by analysts

1- SUBSTITUTE analyst @ RBC (NOT Greg Pardy)

2- ATB Capital

- UNEVENTFUL CC with very little new information

* NEW 66 sections in Peace River was PRIVATE FARM IN

* this is LARGE land POSITION that 'could' PAY OFF BIG in the future

z173

[ManitobaCanuck]

Maybe a good sign . Everything is clear and defined in the release . They need to execute which they are doing . They have 1750 sections in Viking n Duvernay, CVX produced 50-70k from 340 sections and sold their holdings for a few billion .Duvernay is where growth is coming from and it's a hidden gem . Their Duvernay wells are equal to Tier 1 EF inventory of which there is none currently. Once

[Nothingmatters]

Mujawar you are married to bte don't be

[Ztransformer]

This post has been removed in accordance with Community Policy

[Jimmy1page]

Dyn over here

[red2000]

Agreed with you ! If WTI take a seat for a 6 months between 80 to 85$, Baytex LT Debt may fall under 1,7B$. Especially if CAPEX are reduce to 1,0 to 1,1B$. Baytex O/S also may fall at 725 M. And why not an upgrade of Dividend at 0,0275 quarterly per share !!! Still Longs !!!

[Ztransformer]

Relax man, no way long term debt would below under $1.7 billion that quick.  Baytex yearly FCF would be around $800-850 million at that $80-85/bbl average price with all else equal. With 50% to SH returns and 50% to debt reduction, would take 2 years to come down to $1.7b like you said. So relax before spewing wrong info. Slow, steady, and long! 

[ManitobaCanuck]

This makes sense . Slow and steady . Need 2 years to get there at 80-85 Oil . The hardest part is to wait and see the plan play out . Best of luck to all Longs .