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 > Q3 results

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Comment by calebmaron Nov 03, 2022 6:01pm

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Post# 35071226

RE:Q3 results

Fcf in Q3 2021 wasn't great either. But as with this year it's due to increased Capex. Share buy backs also generally based on previous qtr fcf. So they didn't buy back 25% of $112 million. They bought based on $245 million. The USD played a role no doubt. But it was only part of the reason. Based on what they have in their report they expect around $200 million fcf in q4 based on strip.

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