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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 162,000 net acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.


TSX:BTE - Post by User

Comment by FreeCheezon Apr 23, 2021 10:20am
169 Views
Post# 33054590

RE:RE:'Forecast' 2021: $ 250M FREE CASH FLOW @ WTI USD 58 !!!

RE:RE:'Forecast' 2021: $ 250M FREE CASH FLOW @ WTI USD 58 !!!If this was a private business instead of a number that trades on a screen every day you'd think very differently about the company. If we removed a couple zero's from the financials and saw a company trading for $700 (instead of $700M) with Debt of $1,800 (instead of $1.8B), would you pay $2,500 to own a stream of $250 essentially every year? What about paying $700 to earn $250 every year, and all you have to do is pay the yearly interest? Once you look at it like that it becomes a no brainer to me.
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