Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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

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TSX:BTE - Post Discussion

Baytex Energy Corp > 2.5 Billions Debt Target

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Post by Lina_Casa on Dec 05, 2023 9:40pm

2.5 Billions Debt Target

Does the $2.5 Billion Debt Target for year end include the use of the $153 million they got from selling the Viking assets? Some are saying now the year end debt target is $2.35 billion if asset sale money is used. Anyone know this? I contacted Baytex, no response.

Thanks

Lina

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Comment by raven16 on Dec 05, 2023 11:09pm

Lina I Suggest Your Answer Is In The News Release........... https://stockhouse.com/news/the-market-herald-news/2023/11/27/baytex-to-sell-off-its-viking-assets-saskatchewan

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Comment by Lina_Casa on Dec 05, 2023 11:19pm

Yes I see it is to be applied to debt, however during the Q3 report which was before the sale of these assets they expected the year end debt to be around $2.5 billion. Did this include the money from the sale at that time? Lina

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