Baytex Energy Corp.

Baytex Energy Corp. announced today the closing of its private placement offering of US$500 million aggregate principal amount of senior unsecured notes due 2027 . The Notes were issued at par, bear interest at a rate of 8.75% per annum and mature on April 1, 2027. The Notes will pay interest semi-annually in arrears. Baytex intends to use the net proceeds from the Offering and its existing unutilized credit facilities to [...]

Baytex Energy Corp. is pleased to announce that Edward LaFehr, President and CEO, will be presenting at CIBC’s 23rd Annual Western Institutional Investor Conference on Thursday, January 30, 2020 at 11:10 am MST in Banff, Alberta. Interested parties can listen to a live webcast and view the presentation slides via the following URL: https://cibcvirtual.com/banff2020 A replay will be available on the Baytex website [...]

Baytex Energy Corp. announced today the pricing of its previously announced private placement offering of US$500 million aggregate principal amount of senior unsecured notes due 2027 . The Notes will be issued at par, bear interest at a rate of 8.75% per annum and mature on April 1, 2027. The Notes will pay interest semi-annually in arrears. The Offering is subject to customary closing conditions and is expected to close [...]

Baytex Energy Corp. announced today that it intends to offer US$500 million aggregate principal amount of senior unsecured notes due 2027 in a private placement 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 net proceeds from the Offering and its existing [...]

Baytex Energy Corp. announces its year-end 2019 reserves and 2019 fourth quarter and year-end preliminary unaudited financial and operating results . “Our production in 2019 exceeded the high end of our annual guidance with outstanding capital efficiencies in our development program. As a result, we generated $329 million of free cash flow and a 17% reduction in net debt. Each of our core properties contributed [...]

QUARTERLY S&P/TSX COMPOSITE INDEX REVIEW – DECEMBER 2019 ADDITIONS Issue Name Symbol GICS Classification 60/Completion Capped Sector Indices Corus Entertainment Inc B Nvtg CJR.B 50201020 Completion Communication Services CT REIT CRT.UN 60101070 Completion Real Estate, REIT Jamieson Wellness Inc. JWEL 30302010 Completion Consumer Staples Lightspeed POS Inc. SV LSPD 45103010 Completion Information Technology Real Matters [...]

Baytex Energy Corp. announces that its Board of Directors has approved a 2020 capital budget of $500 to $575 million, which is designed to generate average annual production of 93,000 to 97,000 boe/d. The Board of Directors is also pleased to announce the appointment of Mark Bly as Chairman. Commenting on the budget announcement, Ed LaFehr, President and Chief Executive Officer, said: “We continue to deliver on our [...]

Baytex Energy Corp. reports its operating and financial results for the three and nine months ended September 30, 2019 . Strong operating performance has continued across our asset base during the third quarter. We continue to drive cost and capital efficiencies, stable production and substantial free cash flow. Given our year-to-date results, we expect to exceed our 2019 full-year annual production guidance of 97,000 [...]

Baytex Energy Corp. will release its 2019 third quarter financial and operating results before the markets open on Friday, November 1, 2019. A conference call and webcast will be held on Friday, November 1, 2019 to discuss the results. Conference Call Details: Date: Friday, November 1, 2019 Time: 9:00 a.m. MDT Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytexq320191101.html An [...]

Baytex Energy Corp. has published its fourth biennial corporate sustainability report, demonstrating our commitment to transparency and accountability, and our progress in managing the environmental and social impacts of our business. The report is available on Baytex’s website at www.baytexenergy.com. Highlights 76% reduction in corporate spill volumes over five years 99.1% routine gas conservation in Peace River [...]