Baytex leads FCF yield @ 24 %

[Fraser921]

https://pbs.twimg.com/media/F6emlo-XkAAQ8l3?format=png&name=900x900

That's after cap x = key point

[mikelp]

good morning Fraser
thanks for posting that
good info
I threw some more BTE in the trunk with this week's dip (selloff)

good luck to all of us!

[JBtheBrit]

Quick comments from Eric Nuttall of NinePoint (NinePoint said to be the largest shareholder);
https://www.bnnbloomberg.ca/video/eric-nuttall-discusses-baytex-energy~2395518

[Cliff_N]

Chart from Frazier link

[dan_s]

Eric's stock price target is 166% higher than where it trades today.

My current valuation is $8.78Cdn, but if they pay off a lot of debt (per Eric), this stock deserves a much higher valuation multiple.
My 2024 forecast is $1.13 EPS and $2.73 Operating CFPS. If WTI stays over $90US/bbl, Baytex should generate over $1 Billion in free cash flow.