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 > FX Translation BTE debt est. ~ $1.006B as at 11-22-22

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Post by BayStreetWolfTOon Nov 22, 2022 7:01pm

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Post# 35120292

FX Translation BTE debt est. ~ $1.006B as at 11-22-22

Taking the $1.114B adjusting down for the current F/X gets to $1.092. (1.3826-1.3369)

Est FCF ~ $200M in Q4 (depending on final Clearwater drill totals)

$200 / 92 days * 53 days to Nov 22 * 75% to debt ~ $86M

$1.092 - $0.086M = $1.006B

Almost there....just waiting for the long weekend to break through....

Also as JD mentioned lower interest, higher productions, better payback (Clearwater) etc etc...

Here we come 2023!

Also enough room now on credit facility to wipe out LTD in 2023....WOW!

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