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.

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Baytex Energy Corp > Wednesday Oct 13th - BTE mid-day update

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Comment by BayStreetWolfTOon Oct 13, 2021 1:45pm

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Post# 34001906

RE:RE:Wednesday Oct 13th - BTE mid-day update

Great question Onion!

Yes what BTE contracts consist of CAN vary from the WTI average. My average is the daily front month. You can find the daily values here....I do the average this will give you a good idea of trend

Oh don't forget the contract months line up different based on the settlement date

https://ca.investing.com/commodities/crude-oil-historical-data

For instance the 7 day average is $79.28 exlcuding today WTI ONLY!

Hope this helps!

OnionKing wrote: Hey Baywolf, question for you

You use a $62 WTI for BTE Q2 but on their actual earnings they state the average WTI price of $66.71.

Not calling you out or anything just wondering if there is something else I am missing.