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 > RBC Analysis on Baytex for 2022E

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Comment by BayStreetWolfTOon Feb 18, 2022 9:55am

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Post# 34441500

RE:RE:RBC Analysis on Baytex for 2022E

Stockhudson, RBC has pegged the 2021 closing Net Debt at $1.431B

See how close they are on their target in a few days..

BayStreetWolfTO wrote: In case you missed it. Some number crunching by RBC.

After Q4/YE....some better data will be available to assess Canadian O&G companies.

Remember the last set of full year Financials were 2020. Long over due updates coming.

BayStreetWolfTO wrote: RBC Analysis on Baytex

Note the 2022E for Net Debt and FCF @ $90...below where we are today

2022E FCF = $884 million
2022E Closing Net Debt = $547 million

Just another viewpoint