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Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > 900 mil at end of 2022
View:
Post by Jerrysbro on Jul 04, 2022 10:02pm

900 mil at end of 2022

thats sounds like are debt is shrinking and the gravey train  is coming chew choo
Comment by DoubleDown23 on Jul 04, 2022 10:22pm
That's $900mm at forward strip from Q1 so we should easily beat that.  "Forward strip commodity prices: WTI - US$94/bbl; WCS differential - US$13/bbl; MSW differential – US$2/bbl, NYMEX Gas - US$5.60/mcf; AECO Gas - $5.30/mcf and Exchange Rate (CAD/USD) - 1.26." Current strip has WTI > US$100 for the remainder of the year, with Q2 spot price averaging $108.41 ...more  
Comment by dllscwbysfn on Jul 05, 2022 8:05am
I hope your numbers are right but mine come in considerably lower. I come in closer to 60mm -70mm of extra debt reduction in Q2
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