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 > What is up with the 1,000,000,000 debt overhang?

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Comment by Tradestayon Nov 05, 2022 10:16pm

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Post# 35076555

RE:What is up with the 1,000,000,000 debt overhang?

debt at the end of 2019 was 1.9B amd now 1.1 Billion, after going hit with 2020 one of the worst year for oil. The 1.1B is up by approximately $60M due to FX rate. I think we are trending quite nice debt wise and oil at $90 right now with the worst supply market in history.

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