Post by
Marty47 on Jan 23, 2025 12:58pm
Time for Baytex to sell Canada and move to USA
I think will be good Baytex move to USA , I guess if they already have 60% production in USA and it's more favorable to easy export , I think stay in Canada may not help much .... they have a chance to start fresh in USA avoir tax and friendly environment rules .... pay half debt and buy something down there close to the us operations , maybe some private operator , I would sell Canada now at 75$ wti and wait to buy in USA at 65 wti .... they can clear the debt and wait for an opportunity and just get more debt in the USA .... maybe management not agressive enough
Comment by
1234bmth on Jan 23, 2025 1:52pm
Who would buy Canadian assets under Trump's term? Unless sell it for peanuts.
Comment by
Marty47 on Jan 23, 2025 1:59pm
I know but hey I mention long time ago to leave Canada if Baytex was a fish to buy ranger I'm sure they can find a fish in Canada .... lol
Comment by
Bloomer on Jan 23, 2025 3:25pm
Yes I agree or at the least move head office to USA to start with. Then part out Canadian assets or sell as a whole entity.