Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

Add To Watchlist

TSX:BTE - Post Discussion

Baytex Energy Corp > BTE BUYBACKS

View:

Post by ManitobaCanuck on Nov 01, 2024 10:45pm

BTE BUYBACKS

Q4 FCF should be 170mil approx ,85 mil to debt,18mill to divvy.
67mil to buybacks in Q4 .They put 15 mil in Oct to buybacks .
so 52mil in 2 months to buybacks . Almost 1.3 mil per trading session . I expect more buybacks in Nov n December now ,if oil stays above 69. 12mil more shares can be bought back in next 2 months . Or they might buy less and roll over cash to put some buybacks in Q1 2025 as they execute capex in Q1.

318