Baytex Energy Corp. 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 the [...]
Baytex Energy Corp. 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 presentation [...]
Baytex Energy Corp. today announced that it has entered into a definitive agreement to acquire Ranger Oil Corporation , a pure play Eagle Ford company . The total consideration to be paid by Baytex, including assumption of net debt, is approximately US$2.5 billion . The transaction has been unanimously approved by the Boards of Directors of Baytex and Ranger and is expected to close late in the second quarter of 2023 [...]
Baytex Energy Corp. reports its operating and financial results for the three months and year ended December 31, 2022 . "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 increase in production, repurchased 4.3% of our shares outstanding and reduced [...]
Baytex Energy Corp. is pleased to announce that the New York Stock Exchange 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 trading [...]
Baytex Energy Corp. 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 Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytex2022ye.html An archived [...]
Baytex Energy Corp. 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 Equipment [...]
Baytex Energy Corp. 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 our [...]
Baytex Energy Corp. 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 [...]
Baytex Energy Corp. reports its operating and financial results for the three and nine months ended September 30, 2022 . "We continue to deliver on our commitments with a much-improved balance sheet , substantial free cash flow generation and a shareholder return framework that is driving real value for our shareholders . We are building operational momentum as we approach 2023 with current Clearwater production of 10,000 [...]
Baytex Energy Corp. 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 Dial-in: 1-416-915-3239 1-800-319-4610 Webcast: http://services.choruscall.ca/links/baytex20221104.html An archived recording of the [...]
Baytex Energy Corp. 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 [...]