Baytex Energy Corp

Baytex Energy Corp. operates as an oil & gas exploration and production company. It engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded in 1993 and is headquartered in Calgary, Canada.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Baytex Energy Corp. operates as an oil & gas exploration and production company. It engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.

Baytex Energy Corp. cash flow has improved after acquiring highly profitable Eagle Ford properties. The market's focus on impairment charges overlooks the importance of cash flow as an indicator of company health. Despite concerns about debt and currency issues, the Eagle Ford business is expected to support the loans and result in no gains or losses.

Baytex Energy: Big Cash Flow Boost Bodes Well For Future Dividends

Baytex is now projected to generate US$528 million in 2024 free cash flow at the current strip. This is US$138 million higher than it forecast in December 2023, as it benefits from improved oil prices and collars with a ceiling above the current strip. It paid approximately US$44 million for US$200 million in insurance related to its Canadian tax dispute.

Baytex Energy: Projected 2024 Free Cash Flow Improves To Over US$500 Million

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce the pricing and upsize to US$575 million of its previously announced private placement offering (the "Offering") of senior unsecured notes due 2032 (the "Notes"). The Notes will bear interest at a rate of 7.375% per annum and mature on March 15, 2032.

Baytex Announces Pricing of Upsized US$575 Million Private Placement Offering of Senior Notes

Calgary, Alberta--(Newsfile Corp. - March 14, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today that it intends to offer US$500 million aggregate principal amount of senior unsecured notes due 2032 (the "Notes") in a private placement offering (the "Offering"), subject to market and other conditions. The Notes will pay interest semi-annually in arrears.

Baytex Announces Proposed US$500 Million Private Placement Offering of Senior Notes

Baytex Energy's cash flows are very levered to oil prices. The company expects to generate C$575 million in free cash flow this year based on current strip prices, but at higher oil prices, it could double. The stock could see some near-term pressure as new shares open up to trade following an acquisition last year.

Baytex Energy: One Of Best E&Ps For Oil Bulls

BioCryst Pharmaceuticals

Lithium Americas Corp

Lufax Holding

Pagaya Technologies Ltd

Petco Health and Wellness

WideOpenWest

Each of these hidden penny stock gems have the potential to provide triple digit growth to investors. Investors are forever on the lookout for Investments that can turn $1 into $2 or more.

Hidden Penny Gems: 7 Stocks With Triple-Digit Growth Prospects

Baytex Energy Corp. (BTE) Q4 2023 Earnings Call Transcript

Calgary, Alberta--(Newsfile Corp. - February 28, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2023 (all amounts are in Canadian dollars unless otherwise noted). "Our 2023 results demonstrate the strength of our oil-weighted portfolio.

Baytex Announces Fourth Quarter and Full Year 2023 Financial and Operating Results and Year End Reserves

Calgary, Alberta--(Newsfile Corp. - February 28, 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 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.

Baytex Announces Quarterly Dividend for April 2024

Calgary, Alberta--(Newsfile Corp. - February 21, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) 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.

Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2023 Results to be Held on February 29, 2024

Financial advisors dismiss value investors in favor of metrics like growth and relative price to earnings.

Baytex Energy Is Worth Some Thought

Baytex Energy has completed a major acquisition and must now justify it to shareholders through earnings and operational improvements. The acquisition of Eagle Ford properties has lowered the company's corporate breakeven due to lower operating costs. Management will compare the results of acquired Eagle Ford wells with those operated by Marathon and aim to decrease well costs while maintaining and probably increasing production levels.

Baytex Energy: What Happens Next

Baytex Energy is a Canadian driller with a dual listing in Toronto and New York, focusing on oil production and transitioning to a healthier state. The company has improved its business in recent years, achieving operational efficiency and productivity, increasing shareholder returns, and introducing a dividend. Baytex Energy has a clear plan for debt reduction, distribution of free cash flow to shareholders, and aims to generate significant free cash flow in the future as oil prices increase.

Baytex Energy May Be The Most Undervalued Energy Stock On My Radar

Blink Charging

Bit Digital, Inc

RedHill Biopharma

Beyond blue chips, small-cap penny stocks with prices under $5 per share offer thrilling upside for risk-tolerant investors, especially when economic tailwinds bolster markets. This guide spotlights prime penny stock opportunities primed to soar past $5 into small-cap territory in 2024 as their innovative businesses flourish.

4 Penny Stocks To Buy For Under $5

Investors need to pay close attention to Baytex Energy (BTE) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Baytex Energy (BTE) Stock?

Baytex Energy recently provided 2024 and later-year guidance, looking for moderate production growth going forward. The company's FCF guidance was disappointing, given lower oil price assumptions. BTE's stock remains cheap, but is a more speculative play given its debt load and sensitivities to oil prices.

Baytex: Downgrading To 'Buy' On Lower Oil Price Assumptions

Calgary, Alberta--(Newsfile Corp. - December 6, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") 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.

Baytex Announces 2024 Budget and Five-Year Outlook with Continued Focus on Free Cash Flow Generation and Shareholder Returns

Oddity Tech Ltd

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - On BNN Bloomberg broadcast on Dec 2 & 3, 2023 - BTV-Business Television interviews emerging companies in the markets including: Osisko Development Corp. (TSXV: ODV) (NYSE: ODD) - Osisko is transforming mining with a focus on sustainable practices and advanced technology. The company has completed extensive drilling and a feasibility study for 2 million ounces of reserves, setting the stage for mine construction in 2024.

BTV Highlights: Osisko Development, ROK Resources, Eloro Resources, enCore Energy & Baytex Energy

Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") 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.

Baytex Announces Sale of Viking Assets at Forgan and Plato

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that certain of its wholly owned indirect subsidiaries have received a notice of confirmation (the "Confirmation Letters" or "Letters") from the Appeals Division of the Canada Revenue Agency (the "CRA") 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 confirmed.

Baytex Receives Notice of Confirmation for Tax Reassessment

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2023 (all amounts are in Canadian dollars unless otherwise noted). "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.

Baytex Announces Third Quarter 2023 Results

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - 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, 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.

Baytex Confirms Quarterly Dividend

PBF Energy

Petroleo Brasileiro

There are a number of top-rated stocks set to report their quarterly results on Thursday, November 2 with several belonging to the Zacks Oils & Energy sector.

3 Highly Ranked Energy Stocks to Buy as Earnings Approach

Calgary, Alberta--(Newsfile Corp. - October 26, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) 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.

Baytex Conference Call and Webcast on Third Quarter 2023 Results to Be Held on November 3, 2023

The AZEK Company

SP Plus

BTE, AZEK and SP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 12, 2023.

News for Baytex Energy Corp Stock (BTE)