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 [...]
Baytex Energy Corp. announces changes to its board of directors and management team. Board of Directors Baytex has an ongoing board renewal process led by its Nominating and Governance Committee. In the last year, we have significantly restructured our board. Throughout this renewal process, our intent has been to create an efficient, diverse and independent board with complementary skill sets suited to our business. As [...]
The Board of Directors of Baytex Energy Corp. announces a corporate update and board appointment. Corporate Update Strong operating performance has continued across our asset base during the third quarter. Despite the volatility in crude oil prices, we continue to drive capital efficiencies across our business, deliver stable production and meaningful free cash flow. We are now forecasting average production for 2019 of [...]
Baytex Energy Corp. is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the Peters & Co. Limited 2019 Energy Conference on Wednesday, September 11, 2019 at 10:10 am EDT in Toronto, Ontario. Interested parties can listen to a live webcast and view the presentation slides via the following URL: https://event.webcasts.com/viewer/event.jsp?ei=1259479&tp_key=d95039018f A replay will be available [...]
Baytex Energy Corp. is pleased to announce that Edward LaFehr, President and CEO, will be presenting at EnerCom’s The Oil & Gas Conference® on Monday, August 12, 2019 at 10:30 am MT in Denver, Colorado. Interested parties can listen to a live webcast and view the presentation slides via the following URL: http://www.theoilandgasconference.com/baytex-energy-corporation/ The live webcast will also be available on [...]
Baytex Energy Corp. reports its operating and financial results for the three and six months ended June 30, 2019 . Our strong operating performance continues, with our Eagle Ford, Viking and heavy oil assets each delivering robust production and free cash flow. Given our year-to-date results, we are tightening our 2019 production guidance range to 96,000 to 97,000 boe/d and lowering our budgeted exploration and [...]
Baytex Energy Corp. will release its 2019 second quarter financial and operating results before the markets open on Thursday, August 1, 2019. A conference call and webcast will be held on Thursday, August 1, 2019 to discuss the results. Conference Call Details: Date: Thursday August 1, 2019 Time: 9:00 a.m. MDT Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytexq220190801.html An [...]