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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 > Q4 numbers
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Post by JohnnyDoe on Jan 16, 2024 8:21am

Q4 numbers

We're waffling along here, not doing much either way. Debt it too high. 

We had an asset sale in q4 that generated 153M. We've got somewhere between 300 -350 in fcf for the quarter. 

I think a lot of people are in wait and see mode. I am looking for a substantial debt reduction out of these numbers. 300M ballpark based on asset sale and fcf. 

They have to demonstrate that they can pay down debt in a 70-77 wti environment. If they can't  the 1.5B debt target is a pipe dream
Comment by dllscwbysfn on Jan 16, 2024 10:47am
I do agree that it is getting harder and harder to be a believer. Q4 results better be pretty good or that might be quite concerning. I am hoping that the numbers look something like this Debt around 2.3 to 2.4B, Shares around 810, and production around 150, 000.  I will gladly wait another year if we can continue to grind down shares and pay off debt. But if we cant well then I might ...more  
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