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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 Aug 04, 2022 12:03pm
205 Views
Post# 34871282

RE:RE:RE:RE:RE:RE:Anyone know why...

RE:RE:RE:RE:RE:RE:Anyone know why...Sure lets go right down to Cash Flow From Continuing Operating Activities reported by the TMX

We all know Cash Flow Statement is the king. 

Q1 Average WTI $95

CJ  CFOA $50M
BTE CFOA  $162M

CJ Share Out 162M
BTE Share Out 555M

CJ CFOA per share $0.308
BTE CFOA per share $0.358

But yes I agree spin can distract.

As some say show me the cash....don't forget BTE far worse hedges in 2022.

Cash flow statement is the biggest over looked item

Of course ONLY MY OPINION...follow the cash....









scienceguy36 wrote: This is a good example of how a financial statement can be given a spin. Netback without the final adjusted funds flow does not give an honest picture of the financial health of a company. I am not here to promote any company but just to point out that one has to due their own due diligence instead of relying on what others post.

EX.

BTE Q2



CJ Q2




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