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 > 2022 Budget and Updated Five-Year Outlook

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Comment by Konaboyon Dec 01, 2021 6:44pm

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Post# 34187602

RE:RE:2022 Budget and Updated Five-Year Outlook

Oh how the pendulum swings ... first we hate hedges, and two weeks later we love them.

That's conviction !!

All in !!!

red2000 wrote: As soon as the market wake-up and cool down, we may see 4,50$ + !!!

Wow 2,1B$ of FCF in 5 years, it's like paying the full debt in 3 years or less especially if WTI go over 65$. Seems a no brainer !!!
Remember Baytex had hedge price fo 68$ for 42% of is production, exclude Clearwater !!!!

Very secure play compare to other cies with no hedge !!

Good job for Ed and is management team !

Now let's see Clearwater drilling number !!!

Please do your DD, it's your money !