Post by
lnggasfor202324 on Apr 06, 2024 8:32pm
How much
How much oil is hedged currently. Bte may be taken a heft derivitive loss this qtr we are in.
Comment by
Owlseye1 on Apr 06, 2024 8:59pm
No money lost till wti hit $100 l beleive two way collars pertection of $61 on the down side and good right up to $100 on the upside, Great hedge
Comment by
uwebb429 on Apr 06, 2024 11:09pm
Page 12 of the April 2024 Corporate Presentation shows that approxiimately 40% of production is hedged with a ceiling price of $100 US. for Q1 and Q2. https://www.baytexenergy.com/content/uploads/2024/04/24-04-April-Presentation.pdf Nothing to worry about. If WTI averages over $100 in Q2, BTE and its investors will be rolling around in the excess cash flow being generated.