Baytex to Present at EnerCom Denver
Calgary, Alberta--(Newsfile Corp. - August 8, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at EnerCom Denver on Monday August 14, 2023 at 10:55 am MDT. Interested parties can listen to the webcast by registering at the following URL: https://www.enercomdenver.com/ A replay will be available on the Baytex website, www.baytexenergy.com, for six months following the presentation. Baytex Energy Corp. is an...
2023-08-08 5:00 PM EDT
Baytex Releases 2022 ESG and TCFD Reports
Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) today released its 2022 Environment, Social and Governance ("ESG") Report, which demonstrates our commitment to transparency and accountability, and shows our progress in managing the environmental and social impacts of our business. Baytex has also released its Task Force on Climate-related Financial Disclosures ("TCFD") Report. Both reports are available on the Baytex website at...
2023-07-27 5:06 PM EDT
Baytex Announces Second Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2023 (all amounts are in Canadian dollars unless otherwise noted). "We continue to execute on our base business, and following the Ranger transaction, have emerged as a well-capitalized and diversified North American exploration and production company. We have a strong portfolio of high-quality oil...
2023-07-27 5:01 PM EDT
Baytex Confirms Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on October 2, 2023 for shareholders of record on September 15, 2023. The U.S. dollar equivalent amount is approximately US$0.0170 per share assuming a foreign exchange rate of 1.32 CAD/US. Payments to shareholders who are not residents of Canada will be net of...
2023-07-27 5:00 PM EDT
Baytex Conference Call and Webcast on Second Quarter 2023 Results to Be Held on July 28, 2023
Calgary, Alberta--(Newsfile Corp. - July 20, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 second quarter financial and operating results after the close of markets on Thursday July 27, 2023. A conference call and webcast will be held on Friday July 28, 2023 to discuss the results: Date: Friday July 28, 2023 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free) Webcast:...
2023-07-20 5:00 PM EDT
Baytex Announces Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 23, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB") to purchase up to 68,417,028 common shares during the 12-month period commencing June 29, 2023 and ending June 28, 2024 or such earlier time as the NCIB is completed or terminated at the option of Baytex. Baytex's...
2023-06-23 5:00 PM EDT
Baytex Announces Closing of Ranger Acquisition and Updated Guidance for 2023
Calgary, Alberta--(Newsfile Corp. - June 20, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces the closing of its acquisition (the "Merger") of Ranger Oil Corporation ("Ranger"). "We are excited to close the Ranger acquisition, which materially increases our scale in the Eagle Ford while building quality operating capability in a premier basin. We have emerged from this transaction as a well-capitalized and diversified North American exploration and production company...
2023-06-20 2:23 PM EDT
Baytex Restarts Production Following Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 29, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to advise that we have brought back onstream the full 24,000 boe/d of production that was shut-in as a result of the Alberta wildfires. There was no damage to our assets or infrastructure. We estimate that production was curtailed by approximately 12,500 boe/d for the month of May. Wildfires remain active in our operating areas and we continue to monitor the situation closely....
2023-05-29 5:05 PM EDT
Baytex Provides Update with Respect to Closing of Ranger Acquisition
Calgary, Alberta--(Newsfile Corp. - May 18, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") provides an update with respect to closing of the previously announced acquisition of Ranger Oil Corporation ("Ranger") by Baytex (the "Merger"). Baytex has filed its Registration Statement on Form F-4 which has been declared effective by the U.S. Securities Exchange Commission ("SEC"). Baytex's Registration Statement on Form F-4 registers, under the U.S. Securities Act of 1933, the...
2023-05-18 6:35 PM EDT
Baytex Receives Shareholder Approval for Acquisition of Ranger and Reports Shareholder Meeting Results
Calgary, Alberta--(Newsfile Corp. - May 15, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce that shareholders of Baytex ("Baytex Shareholders") today approved the previously announced merger (the "Merger") with Ranger Oil Corporation ("Ranger"). Baytex also reports that all additional matters presented for approval at the annual and special meeting of shareholders held today were approved. A total of 204,407,281 common shares being 37.47% of Baytex's...
2023-05-15 7:15 PM EDT
Baytex Provides Update on the Impact of the Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 15, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is providing an update on the impact of the Alberta wildfires to its operations. Baytex advises that the ongoing wildfires are impacting its operations in the Peace River and Peavine regions of northwest Alberta. Baytex has safely evacuated its affected personnel. As a result of the precautionary shut-in of production and operated infrastructure, approximately 20,000 boe/d of production...
2023-05-15 1:17 PM EDT
Baytex Files Q1 2023 Pro Forma Financial Information in Connection with the Ranger Acquisition
Calgary, Alberta--(Newsfile Corp. - May 10, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces the filing of unaudited pro forma consolidated financial information of Baytex and Ranger Oil Corporation ("Ranger") as at and for the three-month period ended March 31, 2023 ("Q1 Pro Forma Financial Information"). The Q1 Pro Forma Financial Information was included in the most recent draft of Baytex's Registration Statement on Form F-4 filed May 10, 2023 with the U.S....
2023-05-10 10:17 PM EDT
Baytex Provides Update on the Impact of the Alberta Wildfires
Calgary, Alberta--(Newsfile Corp. - May 8, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is providing an update on the impact of the wildfires in Alberta to its operations. As a result of the shut-in of third-party infrastructure in west-central and northwest Alberta, approximately 10,000 boe/d (70% crude oil) of sales volumes has been curtailed since the evening of May 5, 2023. Currently, approximately 60% of the curtailed volumes remain on-line and are producing into...
2023-05-08 1:05 PM EDT
Baytex Announces First Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2023 (all amounts are in Canadian dollars unless otherwise noted). "We continued to deliver on our operating and financial targets in the first quarter, which included strong results from our Peavine Clearwater development. We continue to make significant progress on the Ranger acquisition, which materially...
2023-05-04 5:00 PM EDT
Baytex Conference Call and Webcast on First Quarter 2023 Results to Be Held on May 5, 2023
Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 first quarter financial and operating results after the close of markets on Thursday May 4, 2023. A conference call and webcast will be held on Friday May 5, 2023 to discuss the results: Date: Friday May 5, 2023 Time: 9:00 a.m. MDT (11:00 a.m. EDT) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free) Webcast:...
2023-04-27 5:00 PM EDT
Baytex Announces Closing of US$800 Million Private Offering of Senior Notes
Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private offering (the "offering") of US$800 million aggregate principal amount of senior unsecured notes due 2030 (the "Notes"). The Notes bear interest at a rate of 8.5% per annum and mature on April 30, 2030. The Notes were priced at 98.709% of par to yield 8.75% per annum. The gross proceeds of the offering have been deposited into escrow pending...
2023-04-27 10:30 AM EDT
Baytex Provides Update to Debt Financing for Ranger Acquisition
Calgary, Alberta--(Newsfile Corp. - April 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the pricing and upsizing to US$800 million aggregate principal amount of its previously announced private offering (the "offering") of senior unsecured notes due 2030 (the "Notes") and as a result is providing an update on the debt financing commitments related to the previously announced merger (the "Merger") with Ranger Oil Corporation ("Ranger"), which is expected to...
2023-04-13 10:30 PM EDT
Baytex Announces Pricing of Upsized Private Offering of US$800 Million of Senior Notes
Calgary, Alberta--(Newsfile Corp. - April 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce the pricing and upsize to US$800 million of its previously announced private offering (the "offering") of senior unsecured notes due 2030 (the "Notes"). The Notes will bear interest at a rate of 8.5% per annum and mature on April 30, 2030. The Notes were priced at 98.709% of par to yield 8.75% per annum. The closing of the offering is subject to customary closing...
2023-04-13 5:00 PM EDT
Baytex Announces Expiration of Hart-Scott-Rodino Waiting Period Relating to the Acquisition of Ranger Oil
Calgary, Alberta--(Newsfile Corp. - April 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 as amended (the "HSR Act"), with respect to the previously announced merger (the "Merger") with Ranger Oil Corporation ("Ranger"). The expiration of the HSR waiting period under the HSR Act satisfies one of the conditions of the Merger. The closing of the Merger remains...
2023-04-13 8:00 AM EDT
Baytex Announces Proposed US$750 Million Private Offering of Senior Notes
Calgary, Alberta--(Newsfile Corp. - April 12, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today that it intends to offer US$750 million aggregate principal amount of senior unsecured notes due 2030 (the "Notes") in a private offering (the "offering"), subject to market and other conditions. The Notes will pay interest semi-annually in arrears. The final terms of the Notes will be determined at the time of pricing of the Notes. The gross proceeds of the offering...
2023-04-12 4:15 PM EDT