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 > My e-mail to Baytex

<< Previous

Bullboard Posts

Next >>

Comment by 1234bmthon Oct 19, 2021 12:14am

257 Views

Post# 34020911

RE:RE:My e-mail to Baytex

Clear Water is a self funded growth project, it doesn't consume cash from other operation segments of BTE's FCF, but at the same time for now it doesn't generate Extra FCF, that's the reason it is not included in BTE's 5 years plan. Once it starts to generate FCF then the management could have a better estimate of Clear Water's contribution to the FCF and profitability of BTE. If oil holds $75 plus for another 2 or 3 quarters and some positive updates from Clear Water comes up, BTE sp will significantly go up. Again oil price is the key factor.

<< Previous

Bullboard Posts

Next >>

How one company is disrupting PoC testing