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 > Baytex : My forecast for Q2 results - 2022

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Comment by Maxmoeon Jul 20, 2022 5:32pm

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Post# 34838520

RE:RE:Baytex : My forecast for Q2 results - 2022

Maybe red's just a Wiley old coyote and purposefully has a small margin for mgmt to beat expectations. Best model I've seen. A "supermodel".

HighOctane89 wrote: After reading the worksheet below I have to disagree with some of your calculations/assumptions . At the end of Q1 LT debt was $1.27B but that report also stated an intention to buyback/retire the last $200M bond issue . When you consider that the bonds were US funds it would translate into about $260M Canadian paid on LT debt which drops the total down to $1B , not $1.1B . If BTE increased working capital over Q1 levels that should put LT debt under $1B on the Q2 report .

You guys know better than me but thats how I see it . (No offense intended)

red2000 wrote: Yop !
Here are my estimates for the 2nd quarter, don't be surprised if there is an increase or decrease of +/- 2% (exchange rate).

I am still confident this well be their best quarter ever !!!

Please do your DD, it's your money !!!

GL Longs !