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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 BayStreetWolfTOon Jul 29, 2021 2:55pm
77 Views
Post# 33626698

RE:RE:RE:The Problem...

RE:RE:RE:The Problem...Relaxrelax, agreed the management team is focused on FCF and debt! The plan is 1.4b end of year...maybe they beat this number. Get to 1.0.-1.2 could happen in 2022 at these prices. They could easily allocate FCF to start buying back shares and still have net debt at 1.0 to 1.2 end of 2022. With Clearwater self funding as mentioned on the call. While I hope for a cheap equity % increase from cheap share buybacks it is possible the sp reacts before.
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