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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 JohnnyDoeon Jan 14, 2022 5:22pm
198 Views
Post# 34319065

RE:WTI $84.34 Nat Gas $4.23 = BTE $1.100B/yr AFF & $650M/yr FCF

RE:WTI $84.34 Nat Gas $4.23 = BTE $1.100B/yr AFF & $650M/yr FCF
BayStreetWolfTO wrote: Yes at that price $1.143 Billion in annual AFF and over $693M in FCF.

Pop quiz...get debt to 1.2B as discussed and put 50% of the $693M to shareholder returns...(the rest pays debt over time which builds equity) but focus on the $346M for now

Take

$346M on 566M shares = $0.61/share (346/566 simple right)

Now convert to 5% yield what do you get?

Sticker for the winner

12.2
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