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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 > FCF 4TH QUARTER - ??
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Comment by JohnnyDoeon Oct 31, 2024 9:01pm
203 Views
Post# 36291675

RE:RE:RE:FCF 4TH QUARTER - ??

RE:RE:RE:FCF 4TH QUARTER - ??
Trader60 wrote: The CEO stated boldly and definitely that due to the forward strip, FCF would be $700M for 2024. Take a close look at previous Qs to refresh your memory and the definition of forward strip - he should never have made that statement. 

GLTA


They've averaged 77 wti thru 9 months. Getting 69 in Q4 is an average of 75. They've delivered 570 fcf at 75 wti. 

They delivered a decent quarter and hopefully the mark responds positively 

But something is clearly not right. They projected 1B fcf at 75 when they did the Ranger deal. They're delivering 57% of that. 

And with the debt level, it's 3.5 years to move to 75% shareholder returns. 

This is a good. It's not a great report. Be curious what the forecast for 2025
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