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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 dllscwbysfnon Jan 04, 2025 2:05pm
257 Views
Post# 36387504

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

RE:Q3 disclosure guided approx. $570 million fcf for 2024I think your numbers are pretty close.Looks to me that they spent about 42m buyback shares not counting what they bought for extra shares over the last 6 trading days of the year. I think this extra 10M might have come from the sale of the asset. So say 42m buybacks and 18m divy equals 60m times 2 equals 120M FCF. If I add that extra 10M it becomes 140fcf.
My other concern is that in the past they actually do not do the 50/50 split. I know you are thinking they might have paid off more debt. What if they paid off less?
Also, Not sure how that asset sale works regarding taxes

 I know some are getting a little upset with me for being negative but really I am just telling it like I see it.If all you want is positive things said then this bullboard would be useless.
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