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 Jun 06, 2017 1:41pm

53 Views

Post# 26330802

RE:BTE versus ERF

powerbunch1 wrote: BTE traded way above ERF in the past.With BTEs lower break even, recovering WTI,& increased production,BTE will trade higher than ERF again.
As draws cotinue, BTE is the most exciting tock this summer

BTE traded way above everyone in the past.
And BTE and ERF are apples and oranges:
ERF is 60% gas with very low debt. BTE 20% cash with very high debt
ERF Q1 FFO =110 x 4 =440 Debt 350....debt to cashflow less than 1
BTE Q1 FFO = 80 x 4 =320 Debt 1.8B .....debt to cashflow =5.6

Bullboard Posts

Canopy Growth nears adjusted EBITDA profitability in Q2 2025