Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

Baytex Energy Corp > Beat EPS by .04

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Comment by masfortunaon Jul 27, 2022 8:06pm

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Post# 34855503

RE:RE:RE:RE:Beat EPS by .04

FYI CANUKIWI
They paid down 300 million in debt in 2 quarters. If they pay down another 300 million in the last 2 they will reach 800 million end of fiscal 2022. By mid 2023 assuming oil is trading above $90 on avg. they will be at 400 million debt and the start of divies NOT EARLY 2024. And with the Clearwater wells coming online earlier this year they may hit the 400 million target even earlier.

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A junior copper-gold stock trading at a bargain of monumental proportions