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 > Up 430%, 2 energy stocks you don't want to miss

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Comment by 1234bmthon Oct 23, 2021 9:33am

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Post# 34040484

RE:RE:Up 430%, 2 energy stocks you don't want to miss

BTE's FCF
Q1= $70M at $58 average WTI
Q2 = $112M at $66 average WTI
Q3 average WTI is around $72 so I expect at least $150M FCF for Q3
total Q1 to Q3 FCF would be around $332M or more.
Q4 so far WTI average is $80 and if it averages $80 + at the end of Q4 we can expect another $190 to $200 FCF and total 2021 FCF will be between $530M to $550M. If oil goes up or down from here the Q4 estimate will go up or down accordingly.

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