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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 Sep 25, 2022 8:46pm
299 Views
Post# 34985511

RE:RE:Updated 2022 Share Price Vs WTI

RE:RE:Updated 2022 Share Price Vs WTIHi BSW and als !

See below my forecast for Q3. 
Using avg. WTI price for Q3 of 99,71$ US. Take care also of the hedges !

Image

Actual guidance from Baytex :

 Image

To be conservative, I used 84,700 boe/D during Q3 !
FCF expected of 169,1 M$, because CAPEX increase 70M$+ compare to Q2
But CAPEX for Q4 probably 90M$ less of Q3 !

Debt paid 126,8M$ (75%) to reach under 1B$ for 996,4M$ at the end of Q3 !!! Pretty impressive !!!

More coming with Q3...

Drilling results of Clearwater and Seal !

I still dream about less volatility to help market analysts and bankers to evaluate properly CDN oil producer base on their fundamental financial datas.

GL Longs !

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