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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 16, 2021 4:08pm
117 Views
Post# 33561137

Fri Jul 16th BTE bank another $3.7M+ FCF

Fri Jul 16th BTE bank another $3.7M+ FCF Great weekend ahead at these prices $3.7 million in Free Cash Flow...paying the debt down days and weekends at a time...way ahead of the plan.

Great numbers today so far. WTI over $65 and hovering around $72.50 great news!

Priority #1 another $3.7M plus weekend straight to debt.

Today and the weekend exceeds the management plan/forecast based on current pricing including hedges

Reference: https://www.baytexenergy.com/files/pdf/corporate-handouts/2021/2021%20June%20Presentation.pdf
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