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home / news releases / BTEGF - Baytex Continues To Be The Best Leveraged Producer To Play The Oil Bull Cycle


BTEGF - Baytex Continues To Be The Best Leveraged Producer To Play The Oil Bull Cycle

  • Baytex is the best leveraged oil producer to play the oil bull cycle.
  • Baytex's recent execution on Clearwater is set to add material value for shareholders. We conservatively estimate it could add C$360 million or ~27% of its current market cap.
  • Baytex is expected to remain disciplined with more debt paydown going forward. We see Baytex reaching sub-C$1 billion debt by the end of Q3 2022.
  • At our assumption of $75/bbl WTI for 2022, Baytex is trading at 2.7x EV/FFO and 2x free cash flow, which highlights how undervalued it remains today.

For further details see:

Baytex Continues To Be The Best Leveraged Producer To Play The Oil Bull Cycle
Stock Information

Company Name: Baytex Energy Corp
Stock Symbol: BTEGF
Market: OTC
Website: baytexenergy.com

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