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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

Comment by topdown99on Jun 23, 2021 4:33pm
186 Views
Post# 33436022

RE:The best is yet to come

RE:The best is yet to comeThe real turning point will be those Q2 numbers and as WTI remains strong over the summer , the sector will continue to draw interest . Even with the hedges , FCF will blow estimates away and those hedges run out in 6 months .

Its obvious this Q will be great and with predictions of $100 WTI , just imagine what the year end numbers will look like . The sector has waited a long time for this price environment and nobody wants to kill the goose laying the golden eggs . Controlled and disciplined production is the key 
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