Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
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

Privacy Policy | Disclaimer

Sign In

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

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
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

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.


TSX:BTE - Post by User

Baytex Energy Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(6929)
•••
Post by BayStreetWolfTOon Jul 01, 2022 10:33am
335 Views
Post# 34796153

Twin, Q2 2022 Debt levels - Some data

Twin, Q2 2022 Debt levels - Some dataIt will be interesting to see where we land...excited


Historical
Q1 2021 Net Debt = $1,759
Q2 2021 Net Debt = $1,630
Reduction = $129M
Average Q2 2021 WTI Spot = $66.55
Hedges worse than 2022

Current
Q1 2022 Net Debt = $1,276
Q2 2022 Net Debt = $ TBD
Reduction = $TBD
Average Q2 2022 WTI Spot = $108.93 (+63.6% over 2021)
Hedges better than 2022

Note Q2 YOY = TBD
Interest Income expense saved
Share buybacks purchased
Clearwater results

At these prices still on track for under $800M in Q4 unbelievable


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities