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Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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

Post by dllscwbysfnon May 05, 2023 8:51am
231 Views
Post# 35432472

Cap ex

Cap exSo no debt paid but 38% of capex for the year paid. 234M spent in Q1 leaving only 391M for the remainder of the year. The early spending should also lead to  greater production as the year goes on. The Q we are in now I believe will be their lowest amount spent on capex due to spring breakup.
 But at the end of the day the most important thing and this never changes is the price of oil.Place your bets??!!??
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