$BTE.TO $BTE
Buffett said: No matter how great the talent or efforts, some things just take time. You can't produce a baby in one month by getting nine women pregnant. Am here for multibaggers . FCF doubles , debt is cut to half & prodn up by 35% at $70 oil.
$BTE $BTE.TO For those pointing to Juniper selling Baytex stake in open market . Conoco Phillips sold 10% in open market in Cenovus around $9 . Today price is 3X at $29 . Patience .
$BTE $BTE.TO
@thebobbynugget
For the last week every time Bobby pops his head to short Baytex , I buy 10k Baytex shares . Almost 31k shares now. All trades listed . Show me your shorted trades Bobby .
#oott
#com
$BTE $BTE.TO Baytex Block sale by Juniper , its a gift . Remeber $ATH.TO when Equinor exited at 18 cents ,
@ericnuttall
bought , $ATH.TO dropped from 24 cents to 18 cents and I piled in big .Rest is history when I sold out at 3.5
#com
$BTE $BTE.TO
@thebobbynugget
@NuggetCapital
Love it when you guys gimme those cheap Baytex shares and I am up 7% in 4 days :) .See trades below . Here for millions not 100s or 1000s .
$BTE.TO $BTE
#oott
#com
Guidance: We are building momentum with current production exceeding 155,000 boe/d (84% oil and NGLs). Currently, we expect to generate free cash flow of approximately $400 million in Q4/2023 and $650 million for this year
$BTE $BTE.TO Hehehehe , You covering Bobby or ur a sucker for more punishment ? If this goes ballistic like Athabasca to $9 after oil hits triple digits , you are done ?
@NuggetCapital
@thebobbynugget
Those who remember buying Cenovus for $4.75 after merger deal with Husky ,will see how it ran up to $11 in a year and $26 in 2 yrs after debt was paid down and buybacks started.Analysts opine but do the numbers . $bte.to
$ATH.TO
#COM
#OOTT
Athabasca Oil, Strong FCF, minimal sustaining capex due to marginal decline rate. Competitive advantage in inflationary pressures relative to most of its North American industry peers. Soon going to debt free and NCIB then .
$BTE.TO $BTE NinePoint EF (EN) SOLD 2M BTE Shares .Looks like a forced sell as its over 10% of AUM and unitholder withdrawal . Probably thats what keeping the price down . Good time to load up
$BTE.TO $BTE I see healthy profit booking from those bought at lower levels . It is gearing up for next leg up . Hopefully $BTE.TO is buying back these shares . They have 200million to spend on buybacks till Jan 2024 if oilprices hold .Can buy 35 million stocks= 4% of OS
$BTE.TO $BTE Seeing the number of posts frustrated with underperformance,are we near capitulation? I hope this stays under C$5 for this whole year and they use 350 million projected buyback FCF to buyback 70mill shares.
$ATH.TO
#OOTT
#COM
The award for the best analyst to Mr Cox(Raymond
James) in 2020 with zero target for Athabasca Oil. Now Head of Market Research · Brookfield Asset Management . Why I dont trust analysts 😂🤣
$BTE $BTE.TO $ROCC
#com
Ranger oil has almost 90% inst. holding . Juniper 52% , 38% others . After merger , inst holding in Baytex upto 50% . Buybacks begin in few weeks. Almost $240mill/yr buybacks= 50 mill shares per year =5% of float . Runway clear if oil price holds >70
@NuggetCapital
@BaytexEnergy
Come on my friend ,you shorted at 4.5 and then at 5 and then at 5.6 and then at 5.9 . Scratchin ma head how did you make money on this 🤣
#COM
#OOTT
$BTE.TO $BTE Looking at positive aspects of BTE deal .
1) It looks like a merger, shares will be swapped. US$ earnings.Specifics of deal still unknown.
2) Ranger is also buying back stock ,its cashflow+ve
3) They are not paying a huge premium to current price
@LandryLuc4
My dream is $85 Brent average for next two years. 2billion FCF to Baytex . Debt at 1.5 billion,Share count at 650 million . BTE in double digits.
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$BTE.TO Shorties spreading Fear ,Uncertainty & Despair . Either knowingly or simply half knowledge. The company already said buybacks are skewed to q2/q4 because of capex . I am actually happy they bought back and current price is 10% above buyback price.
@LandryLuc4
One fine day we will wake up and find the $6.25 target is chewed off . Pretty obvious Juniper is in no hurry to sell and Baytex has enough FCF to mop up any excess sales . If Oil hit $100 this summer . We will have Baytex above $10 .
$BTE $BTE.TO
#COM
1.25B yrly in FCF at current prices. 2B yrly at 100WTI . Only 420 million if NCIB is done at $6 . Suspect they might strike a deal with with Juniper for SIB ( over 2 yrs with excess ) .
#com
$BTE.TO To meet our shareholder return commitment, we intend to include 25% of the free cash flow generated from January 1, 2023 until closing in our 2023 share buyback program.
@sohaibab9
Maybe setup a spaces for this :) and invite Bobby Nugget as chief speaker ;) .Own both , but 90% in Baytex and only 10% in TVE . Bought $TVE.TO as
@thebobbynugget
and
@NuggetCapital
were bashing this at $3. good contrarian indications . Look at EV per barrel for $BTE vs $TVE
#com
,$ath.to
#oott
athabasca oil almost 7% of float is shorted . If they are near debt free and start buybacks,watch out for a short squeeze of 40-50% from current price .
@Albertagarbage
I am a Canadian by choice ,unfortunately not by birth .I was amazed in my first few years ,to see the amount of ill feelings towards Albertans ,more so in Quebec. These people are biting the hand that feeds ,sorry to say that.
Baytex Energy, not what you want to see today as the "big bad red candle" reared it's ugly face today. Didn't even entertain going higher - the algos knew exactly what to do what meant sell down all day. Without a miracle, $BTE.TO $BTE likely headed decently lower.
@NuggetCapital
lol 😂 , keep showing reverse charts . Fundamentals,cashflow and execution trump charts long term . Lol you didn’t learn your lesson shorting Athabasca Oil . This year I expect $7-9 for $BTE . 9 months to go .
@jorge_moj
#COM
$BTE.TO $BTE Nice . They are slowly firing on all cylinders . Eagleford refracking , efficiency in Eagleford. Clearwater increase . Most important
@thebobbynugget
is bearish , so it will go up .
@JeremyMcCreaCFA
. If u still know Mr Cox ,please tell him he is responsible for my 3 months of sleepless nights after 1 bought 1.1million $ATH.TO for 16 cents average
#com
$BTE $BTE.TO
Will the $MEG story repeat . Will Baytex buyout small bit of Juniper stake in near future and rest crossed with other institutions. PE overhang gone ?
Pure speculation on my part
@frb_cdn
@Gary79699215
@NuggetCapital
$BTE.TO $BTE they just refracked one location at Medina 3H with 100%IRR . Basically low risk drilling with excellent returns . This is not yet captured in the price .
@RazorOil
@Gugo907
@WarrenFine
Lets put it this way,there are smarter minds there at work than us.The CEO is a drilling engineer and he has good access to Ranger Oil dataroom plus knows the team there . Lot of reputations at stake and he put his money in $BTE.TO , unlike many other companies.
@NuggetCapital
@WarrenPies
History is against you my friend . You said the same thing for $ATH.TO at $2.5 and its $4 now . I always expected them to bail ,no surprise ,no PE funds like to hold > 10% of any stock . Cheers to you . We will talk in 2024 end ;)
@Kevin_AGraham
@NuggetCapital
They have more than 12 yrs of drilling inventory. Secondly they are able to refrac vintage EF inventory. Mr Market thinks it’s valued at $4.7 and someone bought 6% Juniper stake at $5.6 worth $250million. Somethings wrong with your $2 projection.
$BTE.TO $BTE Ranger Acquisition = increase in Shares held by U.S. , trading volume of the Common Shares will increase and that the trading volume of the Common Shares on the TSX will decrease & U.S. will be significantly greater . US multiples coming. CAd devaln hedge .
@Luiz_Gonzalex
@garquake
Lots of so called experts were here for short term 5-20% pop post results who sold out as this did not materialize . $BTE.TO is 160kbpd company and needs time to set course/clean balance sheet . Once debt is under control ,this will rocket to double digits .
@a4_alpha
I just admire your brilliant statements" Trade for breadcrumbs when patience brings you a bakery " . Maturity and calm confidence in knowing what you own is evident from your statements . Nice one :)
@garquake
Look at FCF yield =FCF/Mkt Cap for $BTE.TO $BTE in 2023 n 2024. 26% & 52%. Lol ,its like 78% of the current value back as FCF in 2024. Bullish
@garquake
Nice, am 41 , questioning if i need to work . Made 10x returns in oilstocks in retirement posrtfolio . 350k/yr passive income and 350k per year as docs salary. Pay 53% tax . Its like i am paying my salary to the govt and working as a doc for free.
All those laughing at me right now are fools! WARNING! We’ll bring oil down and along with your oil stonks! Mark my words!
#OOTT
#COM
$BTE $TVE $BTE.TO $TVE.TO $SGY $MEG $CNQ $WCP $ATH $SU See you at under $75 WTI in no time and more than -20% lower for stonks! 😂⬇️⬇️⬇️🚽🤡