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.

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Baytex Energy Corp > Debt at YE2024

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Comment by dllscwbysfnon Jan 03, 2025 5:41pm

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Post# 36386855

RE:RE:RE:RE:RE:Debt at YE2024

Does Baytex control the devaluation of loonie ? Of couse not. But there is this thing called FX risk. Its a real thing. Baytex reports everything in CDN dollars. So debt goes up while production goes down. They need wti at 80 too make any big move. So in 2027 I think some of their debt comes due so another rewrite which cost them 50 million last time.
I used to be just like you, fully positive, total believer. Now I am just trying to be neutral and calling it as I see it.

ManitobaCanuck wrote:
You missed the boat to buyback in 20% lower at 3.2.
Anyway ,as I said this is a 2027 story 2 more years for a double from these prices if oil sits at 70 n above .
Does Baytex control the devaluation of loonie ?