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 > Alright Snowball

<< Previous

Bullboard Posts

Next >>

Comment by dllscwbysfnon Jan 03, 2023 1:33pm

100 Views

Post# 35201085

RE:RE:RE:RE:RE:RE:RE:RE:RE:Alright Snowball

Sorry, I misread your post I thought you had said $70WTI

1234bmth wrote:
Just look at BTE Dec presentation slide 11 and 14 and you will get what I wrote.

dllscwbysfn wrote: Where does capex fit into your math??
1234bmth wrote:
Based on Dec presentation BTE FCF for 2023 at: $80 WTI is $565M so $423M in debt reduction and $141M in share buyback, at $75 WTI FCF would be $435M, then $326M in debt reduction and $108M in share buyback. In both case debt would around $600M or lower depending to oil price average for the year, that means BTE will be in a very strong position by the end of 2023 if WTI averages $75 +

David01montreal wrote: Wti presently at 77.50 12% less, So fcf will not be 700 million, buybacks at what price, debt will stay the same, and share price will be lower.