Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Post by red2000on Jan 17, 2023 1:55pm
369 Views
Post# 35228591

It's time to talk about Q4 2022 and YER 2022

It's time to talk about Q4 2022 and YER 2022I found today this RBC outlook about Q4 production on twitter's

Image

See below the results If i include all that to the first 3 quarter of 2022...

Image

Sound a bit weird for Light oil and condensate,

According to RBC Q4 2022 would be down 31,4% compare to Q4 2021, RBC believes that the avg. year production of 2022 would be down 13,2% compared to 2021 and down 27,81% between Q4 and Q3 2022.

I think their accurancy are much better in the Heavy oil

According to RBC Q4 2022 is expected to be UP 31,4% compare to Q4 2021, RBC believes that the avg. production of 2022 would be UP 29,9% compared to 2021 and UP 10,11% between Q4 and Q3 2022.

I don't think their number are accurate for NGL, with an increase of 118,95% between Q4 and Q3 2022.

At the end, their total production number for Q4 2022 is 86,700 boe/d, Baytex said in december 87,000 + !!!

I still trust Baytex !!! at 87,000 boe/d for Q4 2022 compare to Q4 of 2021 it's an increase of 7,7% in only 1 year !!! It's HUGE, with no significant increase in CAPEX !!!

<< Previous
Bullboard Posts
Next >>