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 > Private offering?

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Comment by ManitobaCanuckon Apr 13, 2023 12:39pm

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Post# 35393282

RE:RE:Private offering?

WaterDPlants wrote: Notes are due 2030 which will give BTE time to earn cash to repay. Only issues is the effective interest rate. Rate will likely be more than the 8.95% of the 2027 notes. 2030 rate may be an eyeopener.

They should go gungho of that debt and pay it down.
Its one yr of FCF with Oil at $80 and 6 mth of FCF with Oil at $90 . Pretty manageable if oilprice holds .

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