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 orlandoflon Oct 24, 2018 12:22pm

123 Views

Post# 28864369

RE:Maybe I'll be wrong and BTE will show a Profit in Q3

RagingBull3 wrote: After all, WTI and Brent oil prices seemed to have Peaked in this quarter.
If they don't make profits now, when will they?

they won't show a profit in Q3 as the hedges will prevent that and RRX was only combined for half the quarter - now with WCS dip it will be a little worse

Q4 should be near a break even - I was thinking profitable before the wcs dip, but maybe closer to breakeven - still have some hedges that hurt us

Q1 hedges fall off and they should be profitable

Bullboard Posts

The top 10 Canadian medical stocks