Baytex Announces Quarterly Dividend for April 2025
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - 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 April 1, 2025 for shareholders of record on March 14, 2025. The U.S. dollar equivalent amount is approximately US$0.0158 per share assuming a foreign exchange rate of 1.42 CAD/US. Payments to shareholders who are not residents of Canada will be net of any...
2025-03-04 5:10 PM EST
Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2024 Results to Be Held on March 5, 2025
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2024 financial and operating results after the close of markets on Tuesday March 4, 2025. A conference call and webcast will be held on Wednesday March 5, 2025 to discuss the results: Date: Wednesday March 5, 2025 Time: 9:00 a.m. MST (11:00 a.m. EST)
2025-02-25 4:00 PM EST
Baytex Announces Sale of Kerrobert Thermal Asset
Calgary, Alberta--(Newsfile Corp. - December 20, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced that it has closed the sale of its Kerrobert thermal asset located in southwest Saskatchewan, for net proceeds of approximately $42 million. Production from the asset is approximately 2,000 bbl/d (100% heavy oil). The non-core disposition further streamlines our portfolio and the net proceeds from the sale will be applied against outstanding bank indebtedness. To...
2024-12-20 1:57 PM EST
Baytex Announces 2025 Budget
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce its 2025 budget. "Our 2025 budget demonstrates the strength of our oil-weighted portfolio as we target continued strong performance in the Eagle Ford, further progression of the Pembina Duvernay and capital efficient heavy oil development. We are focused on disciplined capital allocation to prioritize free cash flow while maintaining a strong balance sheet. In...
2024-12-03 5:00 PM EST
Baytex Announces Third Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise noted). "During the third quarter we generated $220 million of free cash flow, returned $101 million to shareholders through our share buyback program and quarterly dividend, and reduced net debt by 5%. Over the last fifteen months we...
2024-10-31 5:05 PM EDT
Baytex Announces Quarterly Dividend for January 2025
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - 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 January 2, 2025 for shareholders of record on December 13, 2024. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net...
2024-10-31 5:00 PM EDT
Baytex Conference Call and Webcast on Third Quarter 2024 Results to Be Held on November 1, 2024
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its third quarter 2024 financial and operating results after the close of markets on Thursday October 31, 2024. A conference call and webcast will be held on Friday November 1, 2024 to discuss the results: Date: Friday November 1, 2024 Time: 9:00 a.m. MST (11:00 a.m. EST) Registration: For Express Access and Calendar booking, visit our website to register at:...
2024-10-24 5:00 PM EDT
Baytex Announces Second Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2024 (all amounts are in Canadian dollars unless otherwise noted). "We delivered strong second quarter results with higher production, disciplined capital spending and meaningful free cash flow. Importantly and consistent with our full-year plan, we returned $97 million to shareholders through our...
2024-07-25 5:19 PM EDT
Baytex Announces Quarterly Dividend for October 2024
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - 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 1, 2024 for shareholders of record on September 16, 2024. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of...
2024-07-25 5:17 PM EDT
Baytex Conference Call and Webcast on Second Quarter 2024 Results to be held on July 26, 2024
Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thursday July 25, 2024. A conference call and webcast will be held on Friday July 26, 2024 to discuss the results: Date: Friday July 26, 2024 Time: 9:00 a.m. MST (11:00 a.m. EST) Registration: For Express Access and Calendar booking, visit our website to register at:...
2024-07-18 5:00 PM EDT
Baytex Announces Renewal of Normal Course Issuer Bid
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - 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"). The renewed NCIB allows Baytex to purchase up to 70,112,570 common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the...
2024-06-26 5:00 PM EDT
Baytex Reports Shareholder Meeting Results
Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved. A total of 316,924,889 common shares being 38.56% of Baytex's issued and outstanding shares were represented at the meeting. At the meeting, all of the nominees proposed as directors were duly elected. Results of the vote are set out below: Votes For
2024-05-09 7:51 PM EDT
Baytex Announces First Quarter 2024 Results
Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "In the first quarter we safely and efficiently executed the largest exploration and development ("E&D") program in company history and delivered operating and financial results consistent with our full-year guidance. We expect to deliver...
2024-05-09 5:17 PM EDT
Baytex Announces Quarterly Dividend for July 2024
Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - 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 July 2, 2024 for shareholders of record on June 14, 2024. The U.S. dollar equivalent amount is approximately US$0.0164 per share assuming a foreign exchange rate of 1.37 CAD/US. Payments to shareholders who are not residents of Canada will be net of any...
2024-05-09 5:15 PM EDT
Baytex Conference Call and Webcast on First Quarter 2024 Results to Be Held on May 10, 2024
Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its first quarter 2024 financial and operating results after the close of markets on Thursday May 9, 2024. A conference call and webcast will be held on Friday May 10, 2024 to discuss the results: Date:Friday May 10, 2024 Time: 9:00 a.m. MST (11:00 a.m. EST)
2024-05-02 5:00 PM EDT
Baytex Energy Announces Granting of Exemptive Relief Regarding Its Normal Course Issuer Bid Program
Calgary, Alberta--(Newsfile Corp. - April 22, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced it obtained an exemption order from the Canadian securities regulators which permits Baytex to purchase up to 10 percent of the "public float" (within the meaning of the rules of the Toronto Stock Exchange (the "TSX")) of its common shares through the New York Stock Exchange and other U.S.-based trading systems (together with the New York Stock Exchange, "U.S. Markets")...
2024-04-22 3:40 PM EDT
Baytex Announces Closing of US$575 Million Private Placement Offering of Senior Notes
Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private placement offering (the "Offering") of US$575 million aggregate principal amount of senior unsecured notes due 2032 (the "Notes"). The Notes bear interest at a rate of 7.375% per annum and mature on March 15, 2032. The Notes were priced at 99.266% of par to yield 7.500% per annum. Baytex intends to use the net proceeds from the Offering to...
2024-04-01 12:22 PM EDT
Baytex Announces Pricing of Upsized US$575 Million Private Placement Offering of Senior Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce the pricing and upsize to US$575 million of its previously announced private placement offering (the "Offering") of senior unsecured notes due 2032 (the "Notes"). The Notes will bear interest at a rate of 7.375% per annum and mature on March 15, 2032. The Notes were priced at 99.266% of par to yield 7.500% per annum. The closing of the Offering is subject to...
2024-03-14 4:30 PM EDT
Baytex Announces Proposed US$500 Million Private Placement Offering of Senior Notes
Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today that it intends to offer US$500 million aggregate principal amount of senior unsecured notes due 2032 (the "Notes") in a private placement 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. Baytex intends to use the...
2024-03-14 8:43 AM EDT
Baytex Announces Fourth Quarter and Full Year 2023 Financial and Operating Results and Year End Reserves
Calgary, Alberta--(Newsfile Corp. - February 28, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2023 (all amounts are in Canadian dollars unless otherwise noted). "Our 2023 results demonstrate the strength of our oil-weighted portfolio. The strategic acquisition of Ranger added quality scale in the Eagle Ford and reinforced the resiliency and sustainability of our business. In 2023, we...
2024-02-28 5:01 PM EST