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Q: Another big drop for Baytex. Are you aware of any reason?
Q: big drop today, reaction to budget for 2025, oil prices or combination?
Just like to get your thoughts
Just like to get your thoughts
Q: Baytex dropped in excess of 7% today. While I expect there's more than one question on it, it'd be great to get your take on this. They announced their capital budget yesterday and it appears to be a story of moderate growth pushing out their debt target date to 2028. I am a bit surprised by the magnitude of the decline if this is the root cause and wondering if there is more to the story.
Please provide your read on the decline and whether this presents a buying opportunity, or should one move on from the company to better opportunities?
Thanks as always.
Dave
Please provide your read on the decline and whether this presents a buying opportunity, or should one move on from the company to better opportunities?
Thanks as always.
Dave
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