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 > IF THEY PAID OFF 150M in DEBT?

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Comment by riddleron Nov 02, 2023 7:04pm

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Post# 35714804

RE:RE:IF THEY PAID OFF 150M in DEBT?

As such they paid off $150m but the debt level has not changed. Using your logic, they will need to pay each quarter $150m with current fx rates to keep debt at $2.7b. If what you are saying is true, might take 2 years to get to $1.5b using your logic given interest rates and current fx rates.

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