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 > Facts on BTE hedging. 2022 is even better

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Post by BayStreetWolfTOon Jun 15, 2021 10:46am

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Post# 33388094

Facts on BTE hedging. 2022 is even better

Regardless of what people may say 2022 is even better!

See fact below

WCS
2021 WTI less 13.58 avg (10k volume)
2022 WTI less 12.14 avg (9k volume) $1.50 improvement on hedges

WTI
2021 WTI avg 52.42 avg (17.5k volume)
2022 WTI avg 57.69 avg (16k volume) $5 improvement on hedges.

Feel free to review. Still above the management plan.

Reference:

https://www.baytexenergy.com/files/pdf/Regulatory%20Filings/Q1%202021.pdf

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