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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 red2000on Nov 02, 2021 5:26am
235 Views
Post# 34076026

RE:RE:RE:Question for topdown99 and manitobacanuck

RE:RE:RE:Question for topdown99 and manitobacanuckSound good to me !

Don't forget in 2022 Hedge price turn to 68$ instead of 52$ it's 30% higher in revenues for 42% of the boe/d !!!

And may be management is able to negociate it over 70$ !!

All that don't count Clearwater !

My Q3 prediction :
Considering production of 81,162 Boe/d same as Q2 !
But they probably reach 83,000 in Q3 !

Revenues for Q3
Between 460M$ to 480M$ !!!

AFF : Ajusted Funds Flow
Between 190M$ to 205M$ !!!
FCF : Free Cash Flow
Between 125M$ to 140M$ !!!
Long term Debt payment
Between 130M$  to 145M$
If my calculations are correct and if the trend continues,
WTI between 70-75$
Capital Expenditures as it was budgeted
Baytex will pay its 1st long-term debt of 400M$ (value at June 30, 2021 : 296M$)
before the end of the year 2021.
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