Baytex Announces Quarterly Dividend for April 2024
Calgary, Alberta--(Newsfile Corp. - February 28, 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 April 1, 2024 for shareholders of record on March 15, 2024. The U.S. dollar equivalent amount is approximately US$0.0167 per share assuming a foreign exchange rate of 1.35 CAD/US. Payments to shareholders who are not residents of Canada will be net of...
2024-02-28 5:00 PM EST
Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2023 Results to be Held on February 29, 2024
Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2023 financial operating results after the close of markets on Wednesday February 28, 2024. A conference call and webcast will be held on Thursday February 29, 2024 to discuss the results: Date: Thursday February 29, 2024 Time: 9:00 a.m. MST (11:00 a.m. EST)
2024-02-21 5:00 PM EST
Baytex Announces 2024 Budget and Five-Year Outlook with Continued Focus on Free Cash Flow Generation and Shareholder Returns
Calgary, Alberta--(Newsfile Corp. - December 6, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that its Board of Directors has approved a budget for 2024 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 156,000 boe/d. "Our 2024 budget and five-year outlook demonstrates the strength of our diversified oil-weighted portfolio in western Canada and the Eagle Ford shale in Texas. In...
2023-12-06 6:30 AM EST
Baytex Announces Sale of Viking Assets at Forgan and Plato
Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced that it has entered into a definitive agreement to sell certain of its Viking assets located at Forgan and Plato in southwest Saskatchewan, effective October 1, 2023, for $153.8 million. The disposition is expected to close prior to year-end with net proceeds from the sale to be applied against outstanding bank indebtedness. Production from the assets is approximately...
2023-11-27 9:00 AM EST
Baytex Receives Notice of Confirmation for Tax Reassessment
Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that certain of its wholly owned indirect subsidiaries have received a notice of confirmation (the "Confirmation Letters" or "Letters") from the Appeals Division of the Canada Revenue Agency (the "CRA") that deny non-capital loss deductions relevant to the calculation of income taxes for the years 2011 through 2014. As previously disclosed, Baytex received notices of...
2023-11-13 8:00 AM EST
Baytex Announces Third Quarter 2023 Results
Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2023 (all amounts are in Canadian dollars unless otherwise noted). "Our third quarter results represent the first full quarter of combined operations following the Ranger acquisition and demonstrate the strength of our diversified North American oil-weighted portfolio. The integration has...
2023-11-02 5:02 PM EDT
Baytex Confirms Quarterly Dividend
Calgary, Alberta--(Newsfile Corp. - November 2, 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 January 2, 2024 for shareholders of record on December 15, 2023. 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...
2023-11-02 5:00 PM EDT
Baytex Conference Call and Webcast on Third Quarter 2023 Results to Be Held on November 3, 2023
Calgary, Alberta--(Newsfile Corp. - October 26, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 third quarter financial and operating results after the close of markets on Thursday November 2, 2023. A conference call and webcast will be held on Friday November 3, 2023 to discuss the results: Date: Friday November 3, 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:...
2023-10-26 4:30 PM EDT
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