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 > FCF calculations for perspective.

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Comment by Unlucky13on Jun 15, 2021 8:21am

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Post# 33387081

RE:FCF calculations for perspective.

Wolf, is for next year? They have already hedged 20000 barrels at $60 average to the upside. That doesn't include the hedging on nat gas at much lower prices. Q1 they made $70 million in free cash flow. With current oil prices they are on pace for about $300 million for the year. Oil has only gone past $70 now, if it doesn't stay there the average will be in the $60 range for sure. $300 million is still $200 million short of the debt repayment. BTE has a long way to go.

Oil is at $72 currently which means BTE should
be up a penny.

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