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STS - Baytex Energy Highlights - January 2, 2020
Much like in 2019, Baytex Energy’s plan for 2020 is designed to deliver stable production, maximize free cash flow and strengthen its balance sheet. Capex has been set at $500-575 million, which is relatively flat compared to an expected 2019 spend of $560 million. Production guidance of 93,000-97,000 boe/d would also be flat YOY at the high end. The company expects to generate free cash flow of $300 million in 2019 and anticipates $100......
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