Baytex oil hedges

At Baytex, we manage our various commodity price exposures through a detailed risk management strategy. Our risk management strategy employs both crude oil and natural gas financial and physical forward contracts (fixed price forward sales and collars), heavy oil differential physical delivery contracts (fixed price and percentage of WTI), and foreign currency swaps. At Baytex, we offer sector-leading capital efficiencies and robust asset level returns across all three core resource plays. Approximately 83% of our production and 84% of our reserves are derived from crude oil and liquids. Baytex Energy Corp. acquires, develops and produces oil & natural gas in the Western Canadian Sedimentary Basin, with headquarters in Calgary, Alberta, Canada. For 2020, we have entered into hedges on approximately 53% of our net crude oil exposure. This is comprised largely of a 3-way option structure on 24,500 bbl/d that at current oil prices will see Realized an operating netback (inclusive of hedging) of $29.89/boe in Q4/2019 and $29.47/boe for the full-year 2019. Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta For 2020, we have hedges on approximately 33% of our net crude oil exposure, largely utilizing costless three-way option structures that when WTI is between CAD51 per barrel and CAD58 per barrel Baytex Energy Corp. Q4 2017 oil and gas information, and non-GAAP financial and capital management measures in today's press release. we have hedges of approximately 48% of our net crude

About 80% of 2016 oil production is hedged through a variety of contracts, the biggest of which, covering 45% of production, is a combination of fixed hedges at roughly $60 a barrel and a WTI

Exploitation Engineer at Baytex Energy. Baytex Energy Corp. Hedging Bets Hurts Success. By Shawn If you work in oil and gas you should Shared by 4 Dec 2019 For 2020, we have entered into hedges on approximately 40% of our net crude oil exposure, largely utilizing a 3-way option structure that 5 Mar 2015 financial term commonly used in the oil and gas industry. The year 2014 was very active for Baytex highlighted by significant growth in assets IFRS 9 to include the new general hedge accounting model which remains

Notably, Baytex has commodity hedges in place for roughly a quarter of its projected average 2019 production, which will mitigate the financial impact of weaker WTI. While Baytex’s increased

BTE / Baytex Energy Trust - Institutional Ownership and Shareholders Major shareholders can include individual investors, mutual funds, hedge funds, Baytex (BTE), a small/mid-cap oil and gas E&P with assets in the US and Canada , Baytex Energy Corp. recorded adjusted funds flow of $232 million in the fourth Athabasca Shielded From Low Prices By Hedging, Minimal Capital Program. 9 Sep 2019 Detailed price information for Baytex Energy Corp (BTE-T) from The Globe and Despite the volatility in crude oil prices, we continue to drive capital risks associated with our hedging activities; changes in income tax or 17 Dec 2018 Baytex Will Put 80% of 2019 Budget into Eagle Ford and Viking Hedges ($ millions). Change of US$1.00/bbl WTI crude oil, $30.1, $24.2. Exploitation Engineer at Baytex Energy. Baytex Energy Corp. Hedging Bets Hurts Success. By Shawn If you work in oil and gas you should Shared by 4 Dec 2019 For 2020, we have entered into hedges on approximately 40% of our net crude oil exposure, largely utilizing a 3-way option structure that

Find the latest Baytex Energy Corp (BTE) stock discussion in Yahoo Finance's forum. If I recall correctly, BTE has a lot of oil hedged in the high 50smaybe With the US shale assets and some hedges in the 60+ WTI range, it should

At Baytex, we offer sector-leading capital efficiencies and robust asset level returns across all three core resource plays. Approximately 83% of our production and 84% of our reserves are derived from crude oil and liquids. Baytex Energy Corp. acquires, develops and produces oil & natural gas in the Western Canadian Sedimentary Basin, with headquarters in Calgary, Alberta, Canada.

Under the IFRS guideline for hedge accounting, the Corp.'s financial derivative contracts for oil and foreign currency do not qualify as effective accounting

WTI is between $56/bbl and $66/bbl; Baytex receives WTI when WTI is between $66/bbl and $74/bbl; and Baytex receives $74/bbl when WTI is above $74/bbl. (2) Percentage of hedged volumes are based on 2019 annual production guidance (excluding NGL), net of royalties Crude Oil Hedge Portfolio Q2 / 2019 WTI is between $56/ bbl and $66/bbl; Baytex receives WTI when WTI is between $66/bbl and $74/bbl; and Baytex receives $74/bbl when WTI is above $74/bbl. (2) Percentage of hedged volumes are based on 2019 annual production guidance (excluding NGL), net of royalties. Crude Oil Hedges WTI is between $56/bbl and $66/bbl; Baytex receives WTI when WTI is between $66/bbl and $74/bbl; and Baytex receives $74/bbl when WTI is above $74/bbl. (2) Percentage of hedged volumes are based on 2019 annual production guidance (excluding NGL), net of royalties Crude Oil Hedge Portfolio Q3 / 2019 Q4 / 2019 H2 / 2019 2020 WTI Fixed Hedges WTI is between $56/bbl and $66/bbl; Baytex receives WTI when WTI is between $66/bbl and $74/bbl; and Baytex receives $74/bbl when WTI is above $74/bbl. (2) Percentage of hedged volumes are based on 2019 annual production guidance (excluding NGL), net of royalties Crude Oil Hedge Portfolio Q4/2019 Q1/2020 2020 WTI Fixed Hedges Baytex Energy Corp Q4 2019 For our heavy oil, we have WCS differential hedges on 5,500 barrels per day at a WTI to WCS differential of $16.25 per barrel. Additionally, crude by rail is an Baytex may deliver around $51 million USD in positive cash flow during 2018 at $65 WTI oil while keeping production roughly flat. Hedges and wider than normal Canadian oil and gas differentials