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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 kegmanon Jan 04, 2025 1:45pm
180 Views
Post# 36387485

RE:Q3 disclosure guided approx. $570 million fcf for 2024

RE:Q3 disclosure guided approx. $570 million fcf for 2024I think the price of WTI will outweigh any Q4 numbers unless they are better than expected and then it is another catalyst in SP.  Selling the asset is not based on gross numbers, FCF only needs to be used.  $51 Million is gross and cost has to be factored in.  The retail that want debt reduction cannot have it both ways.  I am sure it will help offset the Q1 cost demands as well for refracking and continued new well development.  We are also downplaying their wells last year were class leaders in production.  Still exploration on their sites as well.  AS far as takeover candidate, if they continue to disperse non core assets and have a few miore gushers...they would be out there with the depressed SP.  Buybacks....if they crossed below the 700M threshold, it would be amazing. Are we at 773K now or 767K?   $$$ per spare equation would be outstanding.  Even at this juncture, the down push was well overstated and those that got in at the lows will be taking some profit now .  Like I said, how high can ATH and the others go before the real value of upside swings BTE's way.  Execution in 2025 is key now.  No mistakes, keep the sites clearly on the goals of FCF split.  I like my divy.  I would also like a higher SP.  GLTA
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