BTE - Baytex Energy Improves Performance
Baytex Energy (BTE) announced cash flow improvement in the fourth quarter to correspond with rising oil prices. That puts the company in better shape than California Resources (CRC) which reported a decrease in cash flow from the third to the fourth quarter of 2017. However, there are competitors out there reporting larger percentage improvements. Plus cash flow is still not adequate to properly service the debt levels.
"Marathon Oil EF LLC ("Marathon Oil"), a wholly-owned subsidiary of Marathon Oil Corporation, is the operator of our Eagle Ford acreage and we will