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 > March 2024 Investor Presentation

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Comment by ztransforms173on Mar 01, 2024 4:45pm

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Post# 35910349

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:March 2024 Investor Presentation

- their NET DEBT is VERY TRICKY DUE TO MULTIPLE COMPONENTS in BOTH CANADIAN DOLLARS and US DOLLARS and their TRANSLATION on September 30, 2023 and December 31, 2023

- we KNOW for SURE that C$ 160 million went to REDUCE the CREDIT FACILITIES

- and there was a C$ 31.916 million INCREASE IN CASH

- the REST is a BUNCH OF MOVING PARTS in FOREIGN EXCHANGE and MASSIVE REDUCTIONS in TRADE RECEIVABLES and TRADE PAYABLES {each about C$ 200 million}

* page 15 in 2023 YE report under "Net Debt"

- so DON'T GET FIXATED on the PRECISE DEBT LEVEL

- AFF and FREE CASH FLOW per QUARTER are the METRICS you have to LOOK AT

z173

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