00:00:00 @RazorOil joins. "What's done can't be undone." Razor discusses the nature of discussing company names in #COM (never a recommendation) and moves into a discussion of $BTE.
00:11:00 @InvestInOnG gives his thoughts on the Baytex acquisition. ... Some other factors on the company are discussed, as well as the rationale I have for being on Spaces.
00:24:00 Buying Obsidian? Razor discusses the MEG earnings review Space he hosted with @WhiteTundraSG and MEG's 2022-23 story.
00:45:00 @worldneedsOil asks about BTE leadership. @tommacinnis shares his wisdom.
1:00:00 Get a higher U.S.-type multiple to make more moves?
1:07:30 Razor notes one shouldn't be solely reliant on one person/source of information when you make decisions.
1:12:00 It's a sector-picking market.
Tom continues the BTE discussion and looks at the DNA of companies -- who acquires? Who stands pat?
1:30:00 Will Baytex use the $ROCC acquistion as a springboard to more Canadian purchases?
@JamesHMackay is somewhat skeptical. He and Deep discuss the quality of the new assets.
1:40:30 Tom discusses companies that aren't acquisitional. He's geeking out because now is the best time of the year because the information is freshest NOW.
What companies are sticking out for good and bad reasons?
1:57:00 @Josh_Young_1 joins. Tom notes the market is punishing M&A. Josh expects more deals to take place.
2:32:00 Razor asks Josh about the IEA inventory report revisions and discusses NG.
2:42:00 The conversation switches from North America to Latin America, as Petrobras and Ecopetrol enter the arena. $EC made major waves by announcing a $2.46 divvy (to be paid over three installments) based upon 2022 results.
Editorial comments here: Because of liquidity I moved to EC and PBRA instead of smaller Canadian names. There are definite risks (DYODD).
The conversation pivots to Tourmaline.
3:00:00 @Albertagarbage doesn't see Canada becoming an LNG powerhouse.
Alberta says don't look too deeply into things.
High-Energy Tuesday