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 > Debt still over $1Bn

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Comment by JohnnyDoeon Nov 03, 2022 5:35pm

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Post# 35071152

RE:Debt still over $1Bn

Leewardcape wrote: Does this matter? A poster I admire ( but disagree with) " masfotuna" predictied 992 million.... thoughts?

Am I understanding this correctly? The debt is owed in US dollars. Some debt was paid, but currency conversion worsened so when reflecting back on the books in Cdn funds, the debt hasn't really changed. Is that understanding correct?
I suppose the good thing is some debt was paid and if the cdn dollar rises, we'll get a sling shot effect going forward.

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