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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 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

Bullboard Posts
Comment by Ocalamanon Aug 22, 2017 4:36pm
204 Views
Post# 26609561

RE:RE:RE:Get ready for a major spike in BTE share like spring 2016

RE:RE:RE:Get ready for a major spike in BTE share like spring 2016
likegrowthstock wrote: Management is touting some decent production accomplishments and cost reductions. But the improvements are not showing up materially as cash flow. This company needs cash flow increase of C$20 million a quarter every quarter. Cash flow needs to be at the quarterly level of about C$200 million to service the debt. The latest quarter may have shown a paltry C$5 million improvement over the first quarter. With commodity prices declining, this company will quickly be in a financial straight-jacket again.


This company NEEDS 75-80 oil to make thier model work . 

Bullboard Posts