Baytex Energy Corp T.BTE

BTE in Q1 2025

[1234bmth]

BTE may not be able to buyback shares nor to reduce debt in Q1 2025 due to higher capex compared to the rest of the year, at current WTI price FCF could be negative in Q1.

[ceenalot]

This guy does not own a single share ...paid shill

[1234bmth]

Read the 2025 budget, in Q1 2024 while WTI was $75+ BTE's FCF was -$80M, so this time WTI is below $70 and BTE has the same strategy to put more capex in Q1 2025. This is very logic, unless WTI climbs in Jan or BTE changes the strategy and puts equally capex from Q1 to Q4.

[dllscwbysfn]

Yes this is all true. They also reported that production was going to fall in the first half of 2025. We will learn a little more in early January as to share buybacks done in December which will give us an idea for FCF. This might not be to pretty as it looks like wti is about 5- 6 lower than last Q. All that being said somewhere along the line this stock is going to be a great buying opportunity