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 > Heavy Banana - BTE needs to actually deliver

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Comment by JohnnyDoeon Oct 08, 2024 10:57am

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Post# 36257817

RE:RE:RE:RE:Heavy Banana - BTE needs to actually deliver

ztransforms173 wrote:
JohnnyDoe - (10/8/2024 6:37:26 AM)

RE:RE:Heavy Banana - BTE needs to actually deliver

At 75 wti, they can not pay down their debt. What that means is there are better options for your investments with some attractive yields.

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- this statement is COMPLETELY BOGUS

- BTE has PLENTY of FREE CASH FLOW at WTI USD 75 per barrel to PAY DOWN DEBT

z173

really? So why hasn't debt decreased then ?

so they tell us they are going to put 50 % of FCF to debt. 4 quarters after the ranger acquisition they have touched the debt.

What's the issue? Why hasn't the debt decreased "plenty"

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