WTI now at 97$ tonight !!!Just for the fun of it ! A simple math calculation !!!
WTI Avg. price for Baytex in Q4 2021 : 77,19$.
Here is a little chart of how many FCF Baytex is able to add if the price of WTI still increase !!!
| | | Avg. bbl/d for 2021 - light oil : | 35 789 |
| | | Avg. bbl/d for 2021 - Heavy Oil : | 22 188 |
| | | | Total | 57 977 |
| | | bbl/d - unhedged | 59% | 34 206 |
| | | bbl unhedged yearly | 12 485 347 |
| | | | | |
| | Diff. | Yearly Revenues | FCF 26% | FCF Monthly |
| | 1,00 $ | 12 485 347 $ | 3 246 190 $ | 270 516 $ |
| | 2,00 $ | 24 970 694 $ | 6 492 380 $ | 541 032 $ |
| | 5,00 $ | 62 426 735 $ | 16 230 951 $ | 1 352 579 $ |
| | 10,00 $ | 124 853 470 $ | 32 461 902 $ | 2 705 159 $ |
| | 15,00 $ | 187 280 204 $ | 48 692 853 $ | 4 057 738 $ |
| Today : | 20,00 $ | 249 706 939 $ | 64 923 804 $ | 5 410 317 $ |
| | 25,00 $ | 312 133 674 $ | 81 154 755 $ | 6 762 896 $ |
| | 30,00 $ | 374 560 409 $ | 97 385 706 $ | 8 115 476 $ |
| | 35,00 $ | 436 987 143 $ | 113 616 657 $ | 9 468 055 $ |
| | 40,00 $ | 499 413 878 $ | 129 847 608 $ | 10 820 634 $ |
| | 45,00 $ | 561 840 613 $ | 146 078 559 $ | 12 173 213 $ |
| | 50,00 $ | 624 267 348 $ | 162 309 510 $ | 13 525 793 $ |
Interesting, still without Clearwater, Seal boe/d for a full year !!!
Also much more improvement form Baytex management !
Guidance 2022 : Interest expenses expect to decline for 12M$ !
Net back of Clearwater and Seal much better with a 3 to 5 months payback !
If WTI price maintain 90$ for next 18 months !! No more long term debt for Baytex, mid 2023 !!!
Only my O !
Please do your DD it's your money !!!