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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

Comment by HeavyBananaon Aug 23, 2024 9:50am
181 Views
Post# 36193204

RE:RE:RE:RE:Brian Ector: Q3 E&D guidance.

RE:RE:RE:RE:Brian Ector: Q3 E&D guidance.
kegman wrote: Ditto.  The good thing this month is that with oil whipsawing and crashing again....our bottom was much higher.  Hopefully the top will be too.  Only issue with Q4 capex being lower...historically the price of oil is lower early to mid winter as well.  I am hoping for a Sept. spike.  Maybe sooner?  
Kegman, we will see the majority of fcf booked in Q4. Any way you cut it, the stock is going to fly when those numbers come out and the lead up is going to be very strong too.

If one is inclined to jump out I would think the Q4 release will provide a very elevated stock price to do so. Higher than $7 CAD for sure, might even get into the $8's.

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