Baytex Energy Corp.

Baytex Energy Corp. announced today that it intends to offer US$500 million aggregate principal amount of senior unsecured notes due 2032 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 to redeem [...]

Baytex Energy Corp. reports its operating and financial results for the three months and year ended December 31, 2023 . "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 increased production per share by 16% and fourth quarter production exceeded [...]

Baytex Energy Corp. 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 any Canadian withholding taxes that [...]

Baytex Energy Corp. 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 Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytex2023q4.html An archived [...]

Baytex Energy Corp. 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 2024, we intend to [...]

Baytex Energy Corp. 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 4,000 boe/d [...]

Baytex Energy Corp. announces that certain of its wholly owned indirect subsidiaries have received a notice of confirmation from the Appeals Division of the Canada Revenue Agency 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 reassessment in 2016 and the Letters advise that the reassessments have been [...]

Baytex Energy Corp. reports its operating and financial results for the three and nine months ended September 30, 2023 . "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 progressed extremely well and we have delivered strong results from Western [...]

Baytex Energy Corp. 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 of any Canadian withholding taxes [...]

Baytex Energy Corp. 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 Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytex2023q3.html An archived recording of the [...]