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 > BTE Q2 result

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Comment by red2000on Jul 27, 2023 5:52pm

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Post# 35560568

RE:BTE Q2 result

Imagine all those barrels in H2 2023 at 80 to 85$ WTI $$$.
Big upswing coming !!! NO ?
It's like 3B$ in revenues for only 6 months !!!
152,000 boe/d X 184 days X 82$ WTI X 1,32 Ex. rate
=== 3 027 256 320 CDN $. Geez it's a lot of money !!!

So the 1st quarterly dividend for roughly 19,3 M$ it's a piece of cake.
Sound easy to see a higher quarterly dividend for Q4 !!!