BTEGF News and Press, Baytex Energy Corp From 04/29/21

Baytex Energy (BTEGF): Q1 GAAP EPS of -C$0.06.Revenue of C$384.7M.Adjusted fund flow per share of C$0.282021 Outlook: Drilling activity resumed late last year and we are building significant operational momentum with first quarter production up 12% from Q4/2020, largely driven by our lig...

Baytex oil discovery filed with the energy regulator but not yet press released. Potentially economically material. Baytex was already too cheap on cash flow and oil price torque vs peers. For further details see: Baytex: Major Discovery Ahead Of The Press Release, Major...

The following slide deck was published by Baytex Energy Corp. in conjunction with this event. For further details see: Baytex Energy (BTEGF) Investor Presentation - Slideshow

This heavy oil producer has added enough light oil production to survive. Earnings will still gyrate more than many upstream companies due to the heavy oil production. That makes earnings at the top of the business cycle subject to a lower multiple than the competition. Financ...

Total output from Western Canada has returned to pre-pandemic levels and is forecast to rise. Transportation capacity bottleneck should be alleviated as pipeline capacity increases by nearly 1 MMbbl/d in the next few years. Could lead to higher WCS prices in a tightening market. ...

Baytex is highly leveraged to rising oil prices. Free cash flow at $65 WTI is tremendous. Consensus is playing catchup to increasing oil and stock prices. For further details see: Baytex Energy: High Leverage Can Be A Good Thing

Saudi and the rest of OPEC+ surprise the oil market by maintaining production for April. Russia and Kazakhstan are allowed to increase. Near term, traders will need to get their desired allocation, so expect prices to be supported here. Energy equities, while outperforming the res...

The S&P/TSX Composite Index (INDEXTSI: OSPTX ) was trending down early on Friday (February 26) at 18,148.71. It ultimately closed the week at 18,040.02. On Thursday (February 25), the index posted its worst day in nearly a month as weaker oil prices put pressure on ene...

Baytex Energy (BTEGF): Q4 GAAP EPS of C$0.39.Revenue of C$233.64M (-47.6% Y/Y)Production in line with guidance at 70,475 boe/d (82% oil and NGL) in 4Q20.Delivered adjusted funds flow of C$82M ($0.15 per basic share) in 4Q20 and $312M ($0.56 per basic share) for 2020.Press Release For furthe...

Headwater Exploration is about to enter a major growth phase. New management built and sold Raging River (and other companies) to Baytex Energy. The dry gas production will provide cash flow for growth ventures. Eastern Canada has periodic natural gas shortages that enable muc...