Baytex Energy Corp T.BTE

Q3 and Q4 Results are looking VERY strong!

[BayStreetWolfTO]

Q3 Average WTI $70.57 FINAL

Q4 Average WTI $69.92 and climbing! (Now in November Contract/ Q4 44.0% complete!)

 

1. BTE Free Cash Flow Q1 = $70M avg WTI $52.09
2. BTE Free Cash Flow Q2 = $112M avg WTI $62.71

Q3 FREE CASH FLOW ???

Q4 FREE CASH FLOW ???


For perspective...Even if the rest of Q4 NOV/DEC averaged ONLY $56.70 - 51 contract days left we would STILL exceed the Q2 WTI Average!!! 

[red2000]

My Q3 forecast : Considering production of 81,162 Boe/d same as Q2 ! ***But they probably reach 83,000 boe/d in Q3 ! ***Especially if they increase NGL !!! Revenues for Q3 Between 460M$ to 480M$ !!! AFF : Ajusted Funds Flow Between 190M$ to 205M$ !!! FCF : Free Cash Flow Between 125M$ to 140M$ !!! Long term Debt payment Between 130M$  to 145M$ If my calculations are correct and if the