Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Post by JohnnyDoeon Mar 23, 2022 7:16pm
354 Views
Post# 34539731

Curious on summer 2023 projections.

Curious on summer 2023 projections. So there's lots of talk that oil will remain elevated for several years. If we assume we hit the 1.2 debt target April, from there at 105 oil it will take until the fall of 2023 to fully repay debt, buying back stock along the way, where do we think this stock price can go? Debt free, 85,000 barrels a day, at 105 oil. There's a pretty staggering dividend that can be paid out. One dollar per stock annualized and they'd still be totally awash in cash.
And the same situation presents across the landscape when you look at other companies. I'm actually thinking that the left wing wing nuts will bring in an excess profit tax like the wing nuts down south are clamouring for.
<< Previous
Bullboard Posts
Next >>