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Baytex Announces Quarterly Dividend for July 2025

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Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) has declared a quarterly cash dividend of CDN$0.0225 per share (approximately US$0.0163) to be paid on July 2, 2025. The dividend is available to shareholders of record as of June 13, 2025, with a foreign exchange rate of 1.38 CAD/US. The dividend qualifies as an "eligible dividend" for Canadian tax purposes and a "qualified dividend" for U.S. tax purposes, subject to applicable withholding taxes for non-Canadian residents.

Baytex Energy Corp. operates in the energy sector, focusing on crude oil and natural gas acquisition, development, and production in the Western Canadian Sedimentary Basin and Eagle Ford in the United States.

Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ha annunciato un dividendo trimestrale in contanti di 0,0225 CAD per azione (circa 0,0163 USD), che sarà pagato il 2 luglio 2025. Il dividendo sarà riconosciuto agli azionisti registrati al 13 giugno 2025, con un tasso di cambio di 1,38 CAD/USD. Il dividendo è qualificato come "dividendo ammissibile" ai fini fiscali canadesi e come "dividendo qualificato" ai fini fiscali statunitensi, soggetto alle ritenute fiscali applicabili per i non residenti canadesi.

Baytex Energy Corp. opera nel settore energetico, concentrandosi sull'acquisizione, lo sviluppo e la produzione di petrolio greggio e gas naturale nel Bacino Sedimentario Occidentale Canadese e nell'Eagle Ford negli Stati Uniti.

Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ha declarado un dividendo trimestral en efectivo de 0,0225 CAD por acción (aproximadamente 0,0163 USD), que se pagará el 2 de julio de 2025. El dividendo estará disponible para los accionistas registrados al 13 de junio de 2025, con una tasa de cambio de 1,38 CAD/USD. El dividendo califica como un "dividendo elegible" para fines fiscales en Canadá y como un "dividendo calificado" para fines fiscales en EE. UU., sujeto a las retenciones fiscales aplicables para residentes no canadienses.

Baytex Energy Corp. opera en el sector energético, enfocándose en la adquisición, desarrollo y producción de petróleo crudo y gas natural en la Cuenca Sedimentaria Occidental de Canadá y Eagle Ford en Estados Unidos.

Baytex Energy Corp. (TSX: BTE) (NYSE: BTE)는 주당 캐나다 달러 0.0225 (미화 약 0.0163달러)의 분기별 현금 배당을 선언했으며, 2025년 7월 2일에 지급될 예정입니다. 배당금은 2025년 6월 13일 현재 주주명부에 등재된 주주에게 지급되며, 환율은 1.38 CAD/USD입니다. 이 배당금은 캐나다 세법상 "적격 배당금"으로, 미국 세법상 "자격 있는 배당금"으로 간주되며, 캐나다 비거주자에 대해서는 적용 가능한 원천징수세가 부과됩니다.

Baytex Energy Corp.는 에너지 부문에서 활동하며, 캐나다 서부 퇴적 분지와 미국 이글포드 지역에서 원유 및 천연가스의 인수, 개발 및 생산에 중점을 두고 있습니다.

Baytex Energy Corp. (TSX : BTE) (NYSE : BTE) a déclaré un dividende trimestriel en espèces de 0,0225 CAD par action (environ 0,0163 USD), payable le 2 juillet 2025. Ce dividende sera versé aux actionnaires inscrits au registre au 13 juin 2025, avec un taux de change de 1,38 CAD/USD. Le dividende est considéré comme un "dividende admissible" aux fins fiscales canadiennes et un "dividende qualifié" aux fins fiscales américaines, sous réserve des retenues à la source applicables pour les non-résidents canadiens.

Baytex Energy Corp. opère dans le secteur de l'énergie, se concentrant sur l'acquisition, le développement et la production de pétrole brut et de gaz naturel dans le Bassin sédimentaire canadien de l'Ouest et dans la région d'Eagle Ford aux États-Unis.

Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) hat eine vierteljährliche Bardividende von 0,0225 CAD pro Aktie (ca. 0,0163 USD) angekündigt, die am 2. Juli 2025 ausgezahlt wird. Die Dividende gilt für Aktionäre, die am 13. Juni 2025 im Aktienregister eingetragen sind, bei einem Wechselkurs von 1,38 CAD/USD. Die Dividende qualifiziert sich für kanadische Steuerzwecke als "berechtigte Dividende" und für US-Steuerzwecke als "qualifizierte Dividende" und unterliegt den geltenden Quellensteuern für Nicht-Kanadier.

Baytex Energy Corp. ist im Energiesektor tätig und konzentriert sich auf die Akquisition, Entwicklung und Produktion von Rohöl und Erdgas im Western Canadian Sedimentary Basin sowie im Eagle Ford in den Vereinigten Staaten.

Positive
  • Regular dividend payment demonstrates financial stability
  • Dual-listed status on TSX and NYSE provides broader investor access
  • Dividend qualifies for tax advantages in both US and Canada
Negative
  • Relatively small dividend amount indicates limited immediate return for shareholders
  • Foreign exchange exposure for international investors

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. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.

Baytex Energy Corp.

Baytex Energy Corp. is an energy company with headquarters based in Calgary, Alberta and offices in Houston, Texas. The Company is engaged 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. Baytex's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.

For further information about Baytex, please visit our website at www.baytexenergy.com or contact:

Brian Ector, Senior Vice President, Capital Markets and Investor Relations

Toll Free Number: 1-800-524-5521
Email: investor@baytexenergy.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/250820

FAQ

What is the dividend amount for Baytex Energy (BTE) announced for July 2025?

Baytex Energy announced a quarterly dividend of CDN$0.0225 per share (approximately US$0.0163) to be paid on July 2, 2025.

When is the record date for Baytex Energy's July 2025 dividend?

The record date for Baytex Energy's dividend is June 13, 2025.

Is Baytex Energy's dividend qualified for tax purposes?

Yes, the dividend is designated as an 'eligible dividend' for Canadian tax purposes and a 'qualified dividend' for U.S. tax purposes.

What is the foreign exchange rate used for Baytex's dividend conversion?

The foreign exchange rate used is 1.38 CAD/US for converting the Canadian dividend to US dollars.

Where does Baytex Energy (BTE) operate its oil and gas production?

Baytex Energy operates in the Western Canadian Sedimentary Basin and in the Eagle Ford region in the United States.
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