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

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Comment by d_trumpon Jan 20, 2017 11:49am

74 Views

Post# 25733986

RE:RE:RE:Break even

fellowship wrote:

Unlucky13 wrote: With the deal in the Peace Ride and startup of Canadian Assets it's $55 for break even. Don't forget they have $1.8 billion in debt to still contend with.

The debit is not the issue. Their assets and the current oil price env is perfect for their bottom line.

Don't bother with Unlucky13, he is incapable of doing any meaningful due diligence, and he wilfully makes things up.
The recent deal they did is in fact accretive to their metrics. Unlucky13 cannot discern between cash breakeven and full cost recovery breakeven. He is easily confused.

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