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 > BTE Q2 result

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Comment by JohnnyDoeon Jul 27, 2023 5:58pm

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Post# 35560579

RE:RE:BTE Q2 result

What I'm hoping we see Red is full utilization of buybacks and spitting out the extra cash in special dividends.

They've said 1B fcf at 75. Two years at that with half to debt and roughly 850 in buybacks, they'll get the float down to 750M just as they move to 75% fcf to shareholders.

I like the sound of 750M to shareholders and a 750M float.

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