Have a good sized position, have traded it a fair amount but 3-4 weeks ago I decided to just leave it alone until it gets to $10. Undervalued, Clearwater seems good, EF gets a premium to WTI last time I looked and the NYSE listing should bring in many new investors... I probably still have some $30 shares, but also some sub $1, with all the trading Ive done my cost base has risen and is now $4.11.
Shrinking WCS differential to about $15 and the new U.S. listing a bonus bonanza!
Oops on the timing here...
Can't WAIT to see how much debt Baytex adds after this new acquisition.
Better keep waiting for those dividends
you do realize they just announced a 2 billion + acquisition with shares and debt right?
This article reminds me of your previous article on Intel and what a great company it is. Looks like it cut its dividend 67% last week
WOOHOOO!!!
Seems to be a credible rumour that Baytex is buying Ranger oil..
https://www.reuters.com/markets/deals/canadas-baytex-energy-nears-25-bln-deal-us-peer-ranger-oil-sources-2023-02-28/
Have a good sized position, have traded it a fair amount but 3-4 weeks ago I decided to just leave it alone until it gets to $10. Undervalued, Clearwater seems good, EF gets a premium to WTI last time I looked and the NYSE listing should bring in many new investors... I probably still have some $30 shares, but also some sub $1, with all the trading Ive done my cost base has risen and is now $4.11.