Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Check out FCF $75 = Liquid gold 1/2 billion
View:
Post by BayStreetWolfTO on Jul 02, 2021 4:21pm

Check out FCF $75 = Liquid gold 1/2 billion

Summary and details below. For perspective (including factoring hedges!)

Scenario #1 (current price) = $503m FCF $0.89 per share FCF

Scenario #2 (I.e. $80 WTI current price + $5) = $590m FCF $1.04 per share FCF

Scenario #3 (I.e. $100 WTI current price + $25) = $910m FCF $1.61 per share FCF

Not including increased production through 2021 or 2022...on top of better 2022 hedges!

Feel free to double check my math based on current prices including hedges

BTE presentation
>$250m 2021
Assumptions
WTI $60
WCS $48
NYMEX - $2.80
FX - $0.80

If you annualized current prices take original $250m and add
WTI $75 (add $195m)
WCS $60 (add $38m)
NYMEX - $3.70 (add $ 15m)
FX - $0.82 (add $10m)

Total annualized at these prices $503m

If you annualized say near $80 current prices take original $250m and add
WTI $80 (add $260m)
WCS $65 (add $54m)
NYMEX - $3.30 (add $ 10m)
FX - $0.83 (add $15m)

Total annualized at these prices $590m

If you annualized say near $100 current prices take original $250m and add
WTI $100 (add $520m)
WCS $85 (add $118m)
NYMEX - $3.30 (add $ 10m)
FX - $0.83 (add $15m)

Total annualized at these prices $910m
Comment by viper2000 on Jul 04, 2021 11:39am
i like your imformitive posts what stock do you think will appreciate more in the next 6 months obe or bte? tia
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities