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 > June presentation on line !!

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Comment by BayStreetWolfTOon Jun 01, 2022 1:53pm

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Post# 34723958

RE:RE:RE:RE:RE:RE:RE:June presentation on line !!

Goal is to eliminate the 2027 note in 2023....regardless of current interest rates the credit facility will still be cheaper than that note...which is interest saved.

Of course ZERO debt in 2023 is the target at these oil prices...at that point the banks can go you know where....and shareholders of all Cdn O&G live happily ever after.

Eigen337 wrote:
YES, it is PRETTY OBVIOUS that they WANT TO REFINANCE their 2027 Notes AT A LOWER INTEREST RATE !!!

Their RISK PROFILE has GONE DOWN but the CRAZED FEDS are PUSHING interest rates HIGHER to TAME INFLATION !!!

Therefore, BTE will NOT GET the FAVORABLE interest rate REDUCTION that they were HOPING FOR !!!???!!!

This is PURE SPECULATION.

Eigen337