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

Post by broker71on Oct 11, 2018 10:43am

51 Views

Post# 28780646

WCS Price Relative to WTI(US$/bbl) -> ($14.45)

BTE has hedged 1/3 of its heavy oil for Q3/2018 at a $14.45 discount and for Q4/2018 at a $14.18 discount. So at worse only about 17kbpd of their production are exposed to spot WCS discount of $52. You would think companies with hedged WCS differential would do good during these times.

Their hedging information is on their website.

Bullboard Posts

Visionstate set to leverage success in the U.S. market