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 > Baytex Natural Gas

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Post by ManitobaCanuckon Jan 31, 2022 12:18am

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Post# 34377306

Baytex Natural Gas

Baytex has NG and their 5 year plan assumes NYMEX gas prices at 3.75$ . ITs trading at 4.99$ now and forward strip prices are around 4.5-5$ till March 2023.
Assumes the 1$ increase in O&G prices , ( 1$ hedged gives them 20mill and unhedged 28million)
Thats another 20million to earnings based on current future price.Correct me if I am missing something

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