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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 Marty47on Apr 28, 2024 10:48pm
445 Views
Post# 36012025

Q1 projection

Q1 projection

The market give a 12c eps estimate , if we look at q1 2023 and q2 we got actual 0.09c eps and q2 a .36c eps that beat the .12c estimate , now if we look back at average wti for q1 and q2 2023 the average wti was in the 71$ , with canadien dollars was stronger 
now if you look at q1 2024 we have an average oil at 77$ and a weaker Canadian dollars , estimate earning is .12c .
with all this Baytex should beat the estimate of .12c , also a lot shares was bought back in second half 2023 .
So for once we will do better than a 12c eps , how much more well I have to work and do more longer calculations to come up with accurate number. 

i can tell you for sure q2 with a 83.5$ wti average so far will be a record eps ..... 
 

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