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-0.04- BTE (NYSE)
- 58.18
- -0.26
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Investor Relations
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Q3 2011 VideoBaytex's President & CEO, Anthony Marino discusses the Q3 2011 results and recent divestitures See our video »
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Corporate Responsibility
Corporate Responsibility Home Environment, Health & Safety Community Investment Community Policy IN FOCUS
Community InvestmentBaytex believes in supporting the communities in which our employees live and work.
Find out how Baytex gives back »
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Marketing: Overview
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Our Q3 2011 production mix is approximately 85% crude oil (71% heavy oil, 14% light oil) and 15% natural gas. On a revenue basis, for Q3 2011, 93% of our revenue was derived from crude oil (74% heavy oil, 19% light oil) and 7% was from natural gas.
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.
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Our operations are organized into Canadian Heavy Oil, Canadian Light Oil and Gas and United States business units.
In addition to shareholders, Baytex has a responsibility to the communities in which we work and do business.
Learn more about the
business of heavy oil in our marketing section.
- © 2010 Baytex Energy Corp.
- info@baytex.ab.ca