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

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Post by BayStreetWolfTOon Jul 13, 2021 1:00pm

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Post# 33536231

Including fully factored hedges FCF $76 = Liquid gold $1/2B+

Summary below. For perspective (including factoring hedges!)

Scenario #1 $71 WTI = $440m FCF $0.78 per share Free Cash Flow

Scenario #2 $73 WTI = $475m FCF $0.84 per share Free Cash Flow

Scenario #3 $75 WTI = $506m FCF $0.89 per share Free Cash Flow

Scenario #4 $76 WTI = $520m FCF $0.89 per share Free Cash Flow

Scenario #5 $80 WTI = $587m FCF $1.04 per share Free Cash Flow

Not including increased production through 2021 or 2022...on top of better 2022 hedges!

Feel free to double check my math.

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