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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 BayStreetWolfTOon Jun 28, 2022 6:20pm
311 Views
Post# 34788918

RE:RE:RE:Baytex Enercom Conference - August 7-10

RE:RE:RE:Baytex Enercom Conference - August 7-10Hey DFC, thanks for the question. I maintain a quick analysis I have pasted in below for you which tracks

Historical vs Current
Re:
1. Share float
2. Debt
3. Increase in prodution
4. Gains on F/X vs history

Of course what most don't think about is as the float goes down the metrics improve including the a yield on a future divy...if all things remain constant in theory a dividend never grows...unless you can eliminate shares...than your yield will always climb (or the price)...

Anyhow hope this helps

BSW

User image


DashForCash wrote: Just a reach out to BSW and/or Red as I respect your opinions...do you know - or does anybody know - back in 2014 the share price peaked around $44 and then in 2015 it was still circa $20 - before trailing down as we know....

My question is - does anybody know what the share float was back then? Just trying to gauge what this may be able to get to again one day...looking at the current float and the strategy to buyback and diminish - wondering what that float was back then when those numbers were achieved?

If anyone can assist with guidance it would br greatly appreciated...DFC


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