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 > Where is the Wolf of Wallstreet in your time of need?

<< Previous

Bullboard Posts

Next >>

Comment by Tradestayon Sep 23, 2022 11:55pm

206 Views

Post# 34983749

RE:Where is the Wolf of Wallstreet in your time of need?

BTE free cash flow at $75 is 500 million, and you are saying $80 is the survival line? That's a bullshit statement. They increasing production by 5000 barrels approximately and bought back already 3% of their float. Will be exiting 2022 or early 2023 will less than $800 Million Net Debt. $85 oil is $775M free cash flow. If we fall in between lets take that $75 and get $500M, that gives $250M towards share buyback.

<< Previous

Bullboard Posts

Next >>

Gold Flora's Gramlin holds court in California cannabis market