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 269,000 gross 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

Bullboard Posts

Comment by d_trumpon Apr 20, 2016 10:47pm

101 Views

Post# 24792095

RE:RE:RE:RE:BTE has the best netbacks so far

And if you want further proof that "field netbacks" are more relevant, look no further than TBE. Their Q4 operating netback was a robust $27, however that includes 17.35 hedging gains - their field netbacks were $9.33. Hedging gains will be minimal for most energy companies in 2016 because gains are had when prices are falling. Prices are rising in 2016, so gains will be minimal and quite possibly many will show losses.

Still waiting for your spreadsheet Netbacks. Here's mine:

Q4 field netback:
WCP $32.68
RRX $31.22
CPG $22.48
BTE $12.32
TBE $9.33

Bullboard Posts

Unique Battery Metals opportunity in Quebec