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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 > The real awakening of Baytex !!!
View:
Post by red2000 on Dec 23, 2021 9:22am

The real awakening of Baytex !!!

Here is below the best and worst variation of some energy stock price between oct 31 and yesterday with a comparaison with WTI and natural gas :

Baytex is the stock that has continuously followed the fluctuation of WTI for years.

Things will change in 2022 :

1) With a hedge price up 31% compared to 2021, from 52$ to 68$ !
2) Long term debt down and coming to 1B$ faster !
3) Revenues above 2B$ are expected in 2022 ! worth 3,54$ per actual Out. Shares !
4) Earnings probably over 250M$, worth 44 cents per actual Out. Shares !
4) Clearwater production may climb significantly unhedged !
5) Buyback shares and dividend confirm before end of Q2 !

And much more expected with Ed and is management team !!!


  31-oct 22-dc Oct 31 - dec. 22
WTI    83,57  $    72,76  $ -12,9%
Nat gas      5,41  $      3,98  $ -26,4%
       
Ticker  $ S/P   $ S/P   
ATH      1,02  $      1,18  $ 15,7%
BTE      4,15  $      3,61  $ -13,0%
CJ      4,67  $      4,08  $ -12,6%
CR      3,05  $      2,82  $ -7,5%
CVE    14,80  $    15,44  $ 4,3%
ENB    51,84  $    48,29  $ -6,8%
GTE      1,13  $      0,98  $ -13,3%
GXE      0,88  $      0,90  $ 2,3%
MEG    11,09  $    11,12  $ 0,3%
OVV    46,43  $    41,67  $ -10,3%
OYL      1,29  $      1,67  $ 29,5%
PNE      0,80  $      0,72  $ -10,0%
VET    13,42  $    15,91  $ 18,6%
WCP      7,43  $      7,11  $ -4,3%
 XEG     10,52  $    10,48  $ -0,4%

GL LONGS !
Comment by BayStreetWolfTO on Dec 23, 2021 9:33am
Thanks for sharing Red! If you thought 2021 was great wait for 2022!