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

Comment by cahclickon Apr 28, 2022 6:01pm
343 Views
Post# 34640484

RE:RE:May presentation already online !!!

RE:RE:May presentation already online !!!

 

So the flip side to that coin is they took $80 million of FCF and spent it on "drill-baby-drill" when the promise was to spend it on "debt-baby-debt". Plus, they will pay interest on that $80 million needlessly.

We'll see tomorrow if SP gets punished or rewarded.

Jmo
glta


topdown99 wrote: Well I didn't win the FCF challenge but with good reason , BTE spent $80M more on exploration & developement costs above the Q4 2021 budget . By using the Q4 E&D costs (instead of Q1) , FCF was OVER $200M . Now I still wouldn't have won the challenge but it does explain the number and Clearwater now up to 8000bpd .

I don't know about you but I'm happy 

 

<< Previous
Bullboard Posts
Next >>