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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 > Clearwater and the 5 year plan
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Post by JohnnyDoe on Dec 10, 2021 5:41am

Clearwater and the 5 year plan

Were we not supposed to get a Clearwater plan this month? A plan showing the Clearwater play coming online and ramping up over multiple years and the impact of the play on the 5 year plan?
Comment by calebmar on Dec 10, 2021 8:56am
Clearwater was included in the 5 year plan released last week. All that they said they were doing is updating the 5 year plan to include Clearwater and new pricing
Comment by JohnnyDoe on Dec 10, 2021 10:28am
are you referring to the December presentation? That's not what I expected at all. At this point the December presentation is a 4 year plan and it certainly wasn't clear on the clearwater ramp up in terms of expectations for the play. I get being conservative, but at least for me they set an expectation and did not meet it. I dare say given the stock performance the past weeks the market ...more  
Comment by calebmar on Dec 10, 2021 10:44am
they had a press release outlining 2022 plan and 5 year plan updated for 2021 to 2025.
Comment by BayStreetWolfTO on Dec 10, 2021 10:48am
Agreed. Some big number changes to debt & cash flow...very positive.
Comment by BayStreetWolfTO on Dec 10, 2021 10:43am
Yes Cale, was very happy with the update.
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