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 > Red, JD revised Q1 estimates

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Comment by ManitobaCanuckon Mar 08, 2022 12:15am

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Post# 34493659

RE:RE:RE:Red, JD revised Q1 estimates

Agree , but there might be correlation of slightly better hedges in Q1 2022 VS Q42021

BayStreetWolfTO wrote: Remember Q1 pricing started November. We had December (January front month) which saw WTI dip into the high $60's

See my earlier chart Q2 certainly is a major change Q4 to Q1 only shifted roughly $76+ to $80+

However current pricing will impact buyback cash and debt repayment...this is timing.

jdmecomber wrote:

BOE/D $82,000

Rev $595M

Operating Netback $365M

AFF $267M

FCF $157M (note this can be impacted by additional capex?)

I thought with the new hedges it would be much better but it doesn't appear to be too much more.