I hold BTE. Q2 production about 82,000 Boe/day; cash flow before hedges ~CAD$400 million after hedges ~CAD$280 million. Another company squandering opportunity with hedges.
Michael, your numbers were bang on. Your right the hedges were a drag but I thought it works both ways given their financial situation years back. Do you maintain $10 PT on previous note I read? Thx
Long term price more likely in the $30's. I don't set price "targets" which I consider a waste of time. I do expect BTE to trade north of $10 this year.
Wondering if WCP divi priced in - they announced the increase for july and for 2023 already. Another small increase would be appreciated, it needs all the help it can get.
> I post these estimates with a grain of salt. I am not clairvoyant.
Mate, you would never make it as a fund manager ;p
Fund managers are parasites. I manage my own money.
Got BTE? Any estimate?
I hold BTE. Q2 production about 82,000 Boe/day; cash flow before hedges ~CAD$400 million after hedges ~CAD$280 million. Another company squandering opportunity with hedges.
Michael, your numbers were bang on. Your right the hedges were a drag but I thought it works both ways given their financial situation years back. Do you maintain $10 PT on previous note I read? Thx
Long term price more likely in the $30's. I don't set price "targets" which I consider a waste of time. I do expect BTE to trade north of $10 this year.
Also short term do you expect a sell on the news if recent price already baked in. 2x Thx!
There is always some "sell on the news" in volatile markets. I think it may be noise.
Wondering if WCP divi priced in - they announced the increase for july and for 2023 already. Another small increase would be appreciated, it needs all the help it can get.