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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 HighOctane89on Sep 24, 2022 2:49am
165 Views
Post# 34983806

RE:RE:Where is the Wolf of Wallstreet in your time of need?

RE:RE:Where is the Wolf of Wallstreet in your time of need?You can bump up those FCF numbers come Jan 1 when the hedges expire . If we do get another run in Brent/WTI then BTE will get full price for every barrel sold , BSW could have told you how much each dollar would add to FCF but I don't have those figures handy . Point is that within the next 7 months we will have Q3 , year end and Q1 unhedged numbers from an under supplied winter season . Debt has been cut in half and the 2nd debt target is within sight , the CDN dollar is down which increases US denominated revenue and BTE reports in CDN dollars . I believe the remaining debt is mainly in CDN money so a weaker dollar won't add cost to a US debt which has been paid off already .
The hardest work is behind us and with ever day we get closer to the goal , sooner or later BTE will be rewarded as the promised shareholder returns materialize and the Clearwater continues to produce those profitable wells . 

Its hard to ignore profits , payouts and value even if you're a hypocrite regarding the product .
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