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STS - Baytex Energy Highlights - January 2, 2020

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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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