Baytex Energy Corp.

Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex's common shares are traded on the New York Stock Exchange and the Toronto Stock Exchange under the symbol BTE.

Recent News

Baytex Energy Corp. Announces Filing of the Management Information Circular for 2023 Annual and Special Meeting of Shareholders

Calgary, Alberta--(Newsfile Corp. - April 10, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex", the "Company" or "we") today announced that it has filed the information circular and proxy statement ("Information Circular"), along with the related meeting and proxy materials (together with the management Information Circular, "Meeting Materials") for the Company's Annual and Special Meeting of Shareholders scheduled to be held virtually only at https://web.lumiagm.com/#/287416586...

2023-04-10 8:00 AM EDT

Baytex Announces Virtual Fireside Chat with TD Securities

Calgary, Alberta--(Newsfile Corp. - March 7, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that TD Securities will be hosting a virtual Fireside Chat with Eric Greager, President and CEO, on Thursday March 9, 2023 at 10:00 am EST. Interested parties can listen to the webcast by registering at the following URL: https://www.veracast.com/webcasts/tds/meetings/889d37.cfm A replay will be available on the Baytex website, www.baytexenergy.com, for three months following...

2023-03-07 5:00 PM EST

Baytex to Present at the Scotia Howard Weil Energy Conference

Calgary, Alberta--(Newsfile Corp. - March 1, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at the Scotia Howard Weil Energy Conference on Tuesday March 7, 2023 at 2:00 pm EST. Interested parties can listen to the webcast by registering at the following URL: https://wsw.com/webcast/bns36/bte/1523268 A replay will be available on the Baytex website, www.baytexenergy.com, for three months following the...

2023-03-01 5:00 PM EST

Baytex to Acquire Eagle Ford Operator Ranger Oil, Accelerates Shareholder Returns and Introduces a Dividend with Enhanced Free Cash Flow

Calgary, Alberta--(Newsfile Corp. - February 28, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex", the "Company" or "we") today announced that it has entered into a definitive agreement (the "Agreement") to acquire Ranger Oil Corporation (NASDAQ: ROCC) ("Ranger"), a pure play Eagle Ford company (the "Acquisition"). The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion (C$3.4 billion). The transaction has been unanimously...

2023-02-28 6:00 AM EST

Baytex Announces Fourth Quarter and Full Year 2022 Financial and Operating Results and Year End Reserves

Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2022 (all amounts are in Canadian dollars unless otherwise noted). "2022 was an exciting year for Baytex as we delivered strong operating results, generated record free cash flow, further strengthened our balance sheet and initiated direct shareholder returns. We generated a 4% year-over-year...

2023-02-23 5:25 PM EST

Baytex Announces NYSE Listing

Calgary, Alberta--(Newsfile Corp. - February 17, 2023) - Baytex Energy Corp. (TSX: BTE) is pleased to announce that the New York Stock Exchange ("NYSE") has approved the listing of our common shares on the NYSE under the trading ticker symbol "BTE". The common shares are expected to begin trading on the NYSE on February 23, 2023. "Since joining Baytex last year, I have heard from many shareholders about their desire for us to relist on the NYSE. We believe this listing will improve our...

2023-02-17 8:00 AM EST

Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2022 Results to Be Held on February 24, 2023

Calgary, Alberta--(Newsfile Corp. - February 16, 2023) - Baytex Energy Corp. (TSX: BTE) will release its 2022 fourth quarter and full year financial and operating results after the close of markets on Thursday February 23, 2023. A conference call and webcast will be held on Friday February 24, 2023 to discuss the results: Date: Friday February 24, 2023 Time: 9:00 a.m. MST (11:00 a.m. EST) Dial-in: 1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free)...

2023-02-16 5:00 PM EST

Baytex Announces Board Appointment

Calgary, Alberta--(Newsfile Corp. - February 8, 2023) - Baytex Energy Corp. (TSX: BTE) ("Baytex") announces the appointment of Angela Lekatsas as a director of Baytex. "We are very pleased that Angela has joined the Baytex board. Her extensive business knowledge across multiple industries, strategic perspective and financial expertise will serve the board and Baytex well in the years ahead," commented Mark Bly, Chairman of Baytex. Ms. Lekatsas is the former President and CEO of Cervus...

2023-02-08 5:00 PM EST

Baytex Announces 2023 Budget with Continued Focus on Free Cash Flow Generation and Enhancing Direct Shareholder Returns

Calgary, Alberta--(Newsfile Corp. - December 7, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") announces that its Board of Directors has approved 2023 exploration and development expenditures of $575 to $650 million, which are designed to generate average annual production of 86,000 to 89,000 boe/d. "We expect to generate record free cash flow in 2022 and our priorities for 2023 remain the same. We will advance development across our high-quality oil weighted portfolio, further delineate...

2022-12-07 5:00 PM EST

Baytex Announces Executive Appointment and Departure of EVP & CFO

Calgary, Alberta--(Newsfile Corp. - November 17, 2022) - Baytex Energy Corp. (TSX: BTE) today announced that Chad Kalmakoff has been promoted to Chief Financial Officer. Mr. Kalmakoff replaces Rodney Gray, Executive Vice President and Chief Financial Officer, who has left the organization to pursue other opportunities. "We are pleased to promote Chad to Chief Financial Officer. Chad has led our finance team for seven years and is well positioned to step into this role. He has been a...

2022-11-17 6:30 PM EST

Baytex Announces Third Quarter 2022 Results and Continued Strong Clearwater Drilling Results

Calgary, Alberta--(Newsfile Corp. - November 3, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2022 (all amounts are in Canadian dollars unless otherwise noted). "We continue to deliver on our commitments with a much-improved balance sheet (0.9x net debt to trailing 12 month EBITDA ratio), substantial free cash flow generation ($478 million through nine months) and a shareholder return framework...

2022-11-03 5:00 PM EDT

Baytex Conference Call and Webcast on Third Quarter 2022 Results to Be Held on November 4, 2022

Calgary, Alberta--(Newsfile Corp. - October 27, 2022) - Baytex Energy Corp. (TSX: BTE) will release its 2022 third quarter financial and operating results after the close of markets on Thursday November 3, 2022. A conference call and webcast will be held on Friday November 4, 2022 to discuss the results: Date: Friday November 4, 2022 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:...

2022-10-27 5:00 PM EDT

Baytex To Appoint Eric Greager as President and CEO

Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - Baytex Energy Corp. (TSX: BTE) today announced that Eric Greager is to be appointed President and Chief Executive Officer and a member of the Board of Directors. Mr. Greager is expected to start the role on November 4, 2022. He will replace Ed LaFehr who announced his intention to retire earlier this year. Mr. LaFehr will remain in an advisory capacity until January 2023. "On behalf of the Board, I am pleased to welcome Eric to the...

2022-10-11 5:00 PM EDT

Baytex to Present at Peters & Co. Limited's 2022 Energy Conference

Calgary, Alberta--(Newsfile Corp. - September 8, 2022) - Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at Peters & Co. Limited's 2022 Energy Conference on Thursday September 15, 2022 at 8:50 am MDT. Interested parties can listen to the webcast by registering at the following URL: https://www.webcaster4.com/Webcast/Page/2415/46534 A replay will be available on the Baytex website, www.baytexenergy.com, for six months following...

2022-09-08 5:30 PM EDT

Baytex to Present at EnerCom Denver

Calgary, Alberta--(Newsfile Corp. - August 2, 2022) - Baytex Energy Corp. (TSX: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at EnerCom Denver on Tuesday August 9, 2022 at 10:30 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 energy company...

2022-08-02 5:00 PM EDT

Baytex Announces Second Quarter 2022 Results, Record Quarterly Free Cash Flow, Updated Shareholder Return Framework and Planned CEO Retirement

Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2022 (all amounts are in Canadian dollars unless otherwise noted). "During the second quarter, we delivered strong operating results which included significant production growth from our Clearwater assets and record quarterly free cash flow of $245 million. Given the strength of our balance sheet and consistent...

2022-07-27 5:00 PM EDT

Baytex Releases 2021 ESG Report and Inaugural TCFD Report

Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Baytex Energy Corp. (TSX: BTE) today released its 2021 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 inaugural Task Force on Climate-related Financial Disclosures ("TCFD") Report. Both reports are available on the Baytex website at...

2022-07-27 5:00 PM EDT

Baytex Conference Call and Webcast on Second Quarter 2022 Results to Be Held on July 28, 2022

Calgary, Alberta--(Newsfile Corp. - July 20, 2022) - Baytex Energy Corp. (TSX: BTE) will release its 2022 second quarter financial and operating results after the close of markets on Wednesday July 27, 2022. A conference call and webcast will be held on Thursday July 28, 2022 to discuss the results: Date: Thursday July 28, 2022 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:...

2022-07-20 5:00 PM EDT

Baytex Announces Approval of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - May 2, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange (TSX) has accepted the company's notice of intention to implement a normal course issuer bid ("NCIB") to purchase up to 56,300,143 common shares during the 12-month period commencing May 9, 2022 and ending May 8, 2023 or such earlier time as the NCIB is completed or terminated at the option of Baytex. Baytex's intention to launch...

2022-05-02 6:00 PM EDT

CORRECTION FROM SOURCE: Baytex Reports Shareholder Meeting Results

Calgary, Alberta--(Newsfile Corp. - April 29, 2022) - Baytex Energy Corp. (TSX: BTE) reports that all matters presented for approval at the annual and special meeting of shareholders held on April 28, 2022 were approved. A total of 216,754,960 common shares being 38.08% 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:

2022-04-29 4:30 PM EDT

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