Baytex Energy: Increased Focus On Debt Reduction |
Baytex is now projected to generate US$166 million in free cash flow in 2025 at current strip. It trimmed its capex budget by 4% in response to weak oil prices. More reductions would be expected for 2026 if oil prices remain low, although it should be able to generate a slight amount of FCF while maintaining production at high-$50s oil. |
seekingalpha.com |
2025-05-07 04:07:13 |
Czytaj oryginał (ang.) |
Baytex Energy: Prioritizing Free Cash Flow And Debt Repayment |
Baytex Energy is prioritizing debt repayment. The company's U.S. production, particularly in the Eagle Ford, is being cut back due to trade war threats and potential recession impacts. Mr. Market focus remains on the uncertain future and weakening oil prices. |
seekingalpha.com |
2025-05-06 23:20:57 |
Czytaj oryginał (ang.) |
Baytex Energy Corp. (BTE) Q1 2025 Earnings Call Transcript |
Baytex Energy Corp. (NYSE:BTE ) Q1 2025 Results Conference Call May 6, 2025 11:00 AM ET Company Participants Brian Ector - SVP, Capital Markets and IR Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Conference Call Participants Menno Hulshof - TD Cowen Dennis Fong - CIBC World Markets Greg Pardy - RBC Capital Markets Operator Thank you for standing by. This is the conference operator. |
seekingalpha.com |
2025-05-06 16:37:05 |
Czytaj oryginał (ang.) |
Baytex Reports Shareholder Meeting Results |
Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were approved. A total of 335,327,771 common shares being 43.53% of Baytex's issued and outstanding shares were represented at the meeting. |
newsfilecorp.com |
2025-05-06 00:58:00 |
Czytaj oryginał (ang.) |
Baytex Energy (BTE) Q1 Earnings Lag Estimates |
Baytex Energy (BTE) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.01 per share a year ago. |
zacks.com |
2025-05-05 23:35:31 |
Czytaj oryginał (ang.) |
Baytex Announces First Quarter 2025 Results |
Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") reports its operating and financial results for the three months ended March 31, 2025 (all amounts are in Canadian dollars unless otherwise noted). "Baytex efficiently executed its exploration and development program and delivered first quarter results consistent with our full-year plan," said Eric T. |
newsfilecorp.com |
2025-05-05 20:55:00 |
Czytaj oryginał (ang.) |
Baytex Announces Quarterly Dividend for July 2025 |
Calgary, Alberta--(Newsfile Corp. - May 5, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on July 2, 2025 for shareholders of record on June 13, 2025. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. |
newsfilecorp.com |
2025-05-05 20:51:00 |
Czytaj oryginał (ang.) |
Baytex Conference Call and Webcast on First Quarter 2025 Results to Be Held on May 6, 2025 |
Calgary, Alberta--(Newsfile Corp. - April 28, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its first quarter 2025 financial and operating results after the close of markets on Monday May 5, 2025. A conference call and webcast will be held on Tuesday May 6, 2025 to discuss the results: Date: Tuesday May 6, 2025 Time: 9:00 a.m. |
newsfilecorp.com |
2025-04-28 21:00:00 |
Czytaj oryginał (ang.) |
Baytex Energy: Tariff-Free Production |
Baytex Energy benefits from low production costs in the Eagle Ford. The company is focused on further reducing costs. For this Canadian company, the Eagle Ford production is not the subject of current tariff disputes. |
seekingalpha.com |
2025-04-07 21:25:40 |
Czytaj oryginał (ang.) |
Baytex Energy: Early Signs Of Contrarian Investors Loading The Barrel |
I believe Baytex is undervalued, trading at just 1.3x forward cash flow and 60% of book value, with no goodwill on the books. I believe the company's 60% US-based production limits the impact of the new 10% Canadian energy import tariffs. That said, I'm concerned by a 33% qoq drop in institutional ownership last quarter, despite strong fundamentals and margin improvements. |
seekingalpha.com |
2025-03-29 08:38:16 |
Czytaj oryginał (ang.) |
Baytex Energy: Built To Weather Weaker Oil Prices With Next Note Maturity In 2030 |
Baytex looks capable of generating US$277 million in free cash flow in 2025 at the current $66 to $67 WTI oil strip. It has no note maturities until 2030, so relatively low oil prices during the next year or two aren't much of a concern. It may be able to reduce its debt to US$1.475 billion by the end of 2025 while covering its dividend and reducing its share count by 5%. |
seekingalpha.com |
2025-03-06 11:46:23 |
Czytaj oryginał (ang.) |
Baytex Energy Corp. (BTE) Q4 2024 Earnings Call Transcript |
Baytex Energy Corp. (NYSE:BTE ) Q4 2024 Earnings Conference Call March 5, 2025 11:00 AM ET Company Participants Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Brian Ector - SVP, Capital Markets and IR Conference Call Participants Menno Hulshof - TD Securities Rob Mann - RBC Capital Markets Operator Thank you for standing by. This is the conference operator. |
seekingalpha.com |
2025-03-05 15:39:43 |
Czytaj oryginał (ang.) |
Baytex Energy: Costs Decline At The Right Time |
Baytex Energy's acquisition of Eagle Ford properties has led to confusion due to an impairment in fiscal year 2023. Eagle Ford properties have lower operating costs; however, they also have higher royalty costs. Management's non-core sales and operational improvements in Eagle Ford and Clearwater have further lowered production costs. |
seekingalpha.com |
2025-03-05 09:30:00 |
Czytaj oryginał (ang.) |
Baytex Energy (BTE) Reports Q4 Loss, Tops Revenue Estimates |
Baytex Energy (BTE) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.18 per share a year ago. |
zacks.com |
2025-03-04 21:40:28 |
Czytaj oryginał (ang.) |
Baytex Announces Fourth Quarter and Full Year 2024 Financial and Operating Results and Year End Reserves |
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "Our strong 2024 results speak to our disciplined, returns-based capital allocation philosophy that delivers increased per-share returns. |
newsfilecorp.com |
2025-03-04 19:13:00 |
Czytaj oryginał (ang.) |
Baytex Announces Quarterly Dividend for April 2025 |
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on April 1, 2025 for shareholders of record on March 14, 2025. The U.S. dollar equivalent amount is approximately US$0.0158 per share assuming a foreign exchange rate of 1.42 CAD/US. |
newsfilecorp.com |
2025-03-04 19:10:00 |
Czytaj oryginał (ang.) |
Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2024 Results to Be Held on March 5, 2025 |
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2024 financial and operating results after the close of markets on Tuesday March 4, 2025. A conference call and webcast will be held on Wednesday March 5, 2025 to discuss the results: Date: Wednesday March 5, 2025 Time: 9:00 a.m. |
newsfilecorp.com |
2025-02-25 18:00:00 |
Czytaj oryginał (ang.) |
Baytex Energy: 2025 Guidance Does Not Alter My Buy Thesis |
Baytex Energy Corp. plans no production growth for fiscal year 2025. The return on Clearwater wells has declined because the company is using lower commodity prices for this budget. Technological advances may drive 0-4% production growth, depending on cost progress and production improvements. |
seekingalpha.com |
2024-12-27 13:58:44 |
Czytaj oryginał (ang.) |
Baytex Announces Sale of Kerrobert Thermal Asset |
Calgary, Alberta--(Newsfile Corp. - December 20, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced that it has closed the sale of its Kerrobert thermal asset located in southwest Saskatchewan, for net proceeds of approximately $42 million. Production from the asset is approximately 2,000 bbl/d (100% heavy oil). |
newsfilecorp.com |
2024-12-20 15:57:00 |
Czytaj oryginał (ang.) |
Baytex Energy: A Look At Its Outlook For 2025 |
Baytex Energy: A Look At Its Outlook For 2025 |
seekingalpha.com |
2024-12-20 01:15:17 |
Czytaj oryginał (ang.) |
Baytex Announces 2025 Budget |
Calgary, Alberta--(Newsfile Corp. - December 3, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce its 2025 budget. "Our 2025 budget demonstrates the strength of our oil-weighted portfolio as we target continued strong performance in the Eagle Ford, further progression of the Pembina Duvernay and capital efficient heavy oil development. |
newsfilecorp.com |
2024-12-03 19:00:00 |
Czytaj oryginał (ang.) |
Baytex Energy: A 'Scratch And Dent' Standout |
Baytex Energy Corp. is undervalued, trading at a 35% discount to book value, with strong fundamentals and catalysts in both U.S. and Canadian markets. Baytex's acquisition of Ranger Oil in the Eagle Ford basin has diversified its production, now over half of its daily output. The company is focused on reducing debt and returning capital to shareholders, with a free cash flow yield of 18% and attractive valuation multiples. |
seekingalpha.com |
2024-11-26 18:31:39 |
Czytaj oryginał (ang.) |
Are Investors Undervaluing Baytex Energy (BTE) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-21 12:45:35 |
Czytaj oryginał (ang.) |
Baytex Energy: Post Ranger Oil Acquisition Improving Results |
The assimilation and optimization costs related to the acquisition are fading. Clearwater production is rising as planned. This company may continue to post earnings that beat the industry expectations. |
seekingalpha.com |
2024-11-17 21:33:57 |
Czytaj oryginał (ang.) |
Drilling Deep Into the Canadian Upstream Industry: What to Expect? |
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and BTE. |
zacks.com |
2024-11-15 11:15:33 |
Czytaj oryginał (ang.) |
Is Baytex Energy (BTE) Stock Undervalued Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-11-05 12:45:32 |
Czytaj oryginał (ang.) |
Baytex Energy Corp. (BTE) Q3 2024 Earnings Call Transcript |
Baytex Energy Corp. (NYSE:BTE ) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Brian Ector - Senior Vice President, Capital Markets and Investor Relations Eric Greager - President and Chief Executive Officer Chad Kalmakoff - Chief Financial Officer Chad Lundberg - Chief Operating Officer Conference Call Participants Justin Ho - RBC Capital Markets Amir Arif - ATB Capital Operator Good day, everyone. Thank you for standing by. |
seekingalpha.com |
2024-11-01 15:33:07 |
Czytaj oryginał (ang.) |
Baytex Energy (BTE) Surpasses Q3 Earnings and Revenue Estimates |
Baytex Energy (BTE) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.11 per share a year ago. |
zacks.com |
2024-10-31 21:36:08 |
Czytaj oryginał (ang.) |
Baytex Announces Third Quarter 2024 Results |
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise noted). "During the third quarter we generated $220 million of free cash flow, returned $101 million to shareholders through our share buyback program and quarterly dividend, and reduced net debt by 5%. |
newsfilecorp.com |
2024-10-31 19:05:00 |
Czytaj oryginał (ang.) |
Baytex Announces Quarterly Dividend for January 2025 |
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on January 2, 2025 for shareholders of record on December 13, 2024. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. |
newsfilecorp.com |
2024-10-31 19:00:00 |
Czytaj oryginał (ang.) |
Baytex Conference Call and Webcast on Third Quarter 2024 Results to Be Held on November 1, 2024 |
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its third quarter 2024 financial and operating results after the close of markets on Thursday October 31, 2024. A conference call and webcast will be held on Friday November 1, 2024 to discuss the results: Date: Friday November 1, 2024 Time: 9:00 a.m. |
newsfilecorp.com |
2024-10-24 21:00:00 |
Czytaj oryginał (ang.) |
Baytex Energy Vs. Pantheon Resources: The Big Discovery Trap - Part II |
Baytex Energy, despite delisting and rejoining the NYSE, has a sustainable business model and ongoing income, unlike Pantheon Resources. Pantheon Resources saw a temporary stock price surge post-2020, but lacked earnings and cash flow to sustain it. Baytex "accidentally" benefitted from technology progress that made the Clearwater wells extremely profitable while working on its Duvernay discovery. |
seekingalpha.com |
2024-10-17 16:20:02 |
Czytaj oryginał (ang.) |
Baytex Energy: Solid Operational Performance, But Vulnerable To Lower Oil Prices |
Baytex has met expectations operationally, and is on track to meet its full-year guidance. Baytex's heavy oil production grew 8% quarter-over-quarter. WCS differentials have ended up slightly wider than previously expected, although still substantially improved compared to earlier in 2024. |
seekingalpha.com |
2024-10-17 03:13:00 |
Czytaj oryginał (ang.) |
Baytex Energy: 'But The Stock Price |
Baytex Energy's stock price is temporarily depressed due to a large shareholder from the Ranger Oil acquisition selling shares. The Eagle Ford acreage is delivering anticipated improvements. This enables far more Clearwater production, which earns a 500% return. The startup of the Trans Mountain Pipeline Expansion is keeping the heavy oil discount historically tight (for the time being). |
seekingalpha.com |
2024-09-27 20:50:50 |
Czytaj oryginał (ang.) |
Should Value Investors Buy Baytex Energy (BTE) Stock? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-09-09 14:46:35 |
Czytaj oryginał (ang.) |
Are Investors Undervaluing Baytex Energy (BTE) Right Now? |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. |
zacks.com |
2024-08-23 14:40:35 |
Czytaj oryginał (ang.) |
Latest Perspective on Canadian Upstream Industry: CNQ, OVV, BTE |
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on companies like CNQ, OVV and BTE. |
zacks.com |
2024-08-23 13:26:04 |
Czytaj oryginał (ang.) |