Welcome to our dedicated page for Baytex Energy news (Ticker: BTE), a resource for investors and traders seeking the latest updates and insights on Baytex Energy stock.
Baytex Energy Corp. operates as a Canadian energy producer focused on the exploration, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. Its current operating profile centers on the Pembina Duvernay and heavy oil plays in Alberta and Saskatchewan, following its completed transition to a focused Canadian producer.
Recurring Baytex news covers quarterly and annual operating results, production guidance, reserves updates, drilling activity, capital allocation, dividends and shareholder meeting outcomes. Company updates also address portfolio repositioning, governance matters, executive leadership transitions and common-share trading on the Toronto Stock Exchange and New York Stock Exchange under the symbol BTE.
Baytex (TSX: BTE, NYSE: BTE) closed the sale of its U.S. Eagle Ford assets for US$2.14 billion (about C$2.96 billion) after closing adjustments on December 19, 2025.
The transaction moves Baytex into a net cash position. The company intends to use part of the proceeds to repay outstanding credit facilities and redeem 8.500% Senior Notes due 2030, and has commenced a cash tender offer for US$575 million of 7.375% Senior Notes due 2032.
Baytex said it remains committed to returning a significant portion of net proceeds (after debt repayment) to shareholders and intends to resume purchases under its normal course issuer bid. The company expects to release its 2026 guidance on December 22, 2025.
Baytex (TSX: BTE, NYSE: BTE) expects to close the previously announced sale of its U.S. Eagle Ford assets on December 19, 2025 and announced early results of a cash tender offer for its US$575 million 7.375% Senior Notes due 2032. As of the early tender deadline on December 12, 2025, holders validly tendered US$480,717,000 of the 2032 notes. Baytex expects to accept and pay for early tenders on the Early Settlement Date of December 22, 2025, subject to the Eagle Ford asset sale closing.
The Total Consideration is US$1,040 per US$1,000 principal (including an Early Tender Payment of US$40); late tenders will receive the Tender Offer Consideration but not the Early Tender Payment. The offer expires on December 30, 2025 with a Final Settlement Date expected the first business day after expiration.
Baytex (TSX: BTE; NYSE: BTE) announced a cash tender offer to purchase all of its US$575,000,000 outstanding 7.375% senior notes due 2032 and its intent to issue a conditional redemption notice for US$759,440,000 outstanding 8.500% senior notes due 2030. The Tender Offer price is US$1,040 per US$1,000 (includes a US$40 early tender payment); Early Settlement is expected Dec 22, 2025 and the Tender Offer expires Dec 30, 2025. Both the Tender Offer and the Redemption are conditioned on the completion of the company’s Eagle Ford asset sale and related closing conditions, including HSR clearance.
Baytex (TSX: BTE) entered a definitive agreement to sell its U.S. Eagle Ford assets for US$2.305 billion (approx. $3.25B) in cash, subject to adjustments with an effective date of Sept 1, 2025 and closing expected in late 2025 or early 2026.
The deal delivers an immediate net cash position, enables repayment of credit facilities and 2030 Senior Notes, and supports resumption of share buybacks and a potential substantial issuer bid while maintaining the current dividend of $0.09 per share (annualized).
Post-transaction, Baytex targets 3-5% annual Canadian production growth at US$60-65 WTI, 2026 Canadian capex of $550-$625M, and a corporate sustaining break-even of US$52/bbl (improved US$8/bbl).
Baytex (TSX: BTE) reported Q3 2025 results showing production of 150,950 boe/d (86% oil/NGL) and free cash flow of $143 million ($0.19 per basic share). Adjusted funds flow was $422 million ($0.55 per basic share) and net income was $32 million ($0.04 per basic share). Net debt fell 2% to $2.24 billion and total debt to Bank EBITDA was 1.1x. Pembina Duvernay hit a record 10,185 boe/d (up 53% QoQ) and Baytex expects ~148,000 boe/d full-year 2025 production with ~$1.2 billion capex.
Company reiterated commitment to allocate 100% of free cash flow to debt repayment after dividends and targets ~$2.1 billion net debt by year-end.
Baytex (TSX: BTE, NYSE: BTE) announced a quarterly cash dividend of CDN$0.0225 per share, payable on January 2, 2026 to shareholders of record on December 15, 2025.
The U.S. dollar equivalent is approximately US$0.0161 per share based on a 1.40 CAD/US exchange rate. Payments to non‑resident shareholders will be net of any applicable Canadian withholding taxes. The dividend is designated an eligible dividend for Canadian tax purposes and a qualified dividend for U.S. tax purposes.
Baytex Energy (TSX: BTE; NYSE: BTE) will release its third quarter 2025 financial and operating results after market close on Thursday, October 30, 2025. A conference call and webcast to discuss results is scheduled for Friday, October 31, 2025 at 9:00 a.m. MDT (11:00 a.m. EDT).
Registration, express access and calendar booking are available on the company website. Dial-in numbers and a live webcast link are provided; an archived recording will be available on the webcast link and on baytexenergy.com for three months. Contact: Brian Ector, Senior VP, Capital Markets and Investor Relations, investor@baytexenergy.com.
Baytex Energy Corp. (NYSE: BTE) announced that CEO Eric Greager will present at EnerCom Denver on August 18, 2025 at 10:55 am MDT. The presentation will be accessible via webcast, with a replay available on the company's website for six months.
Baytex Energy is a Calgary-based energy company focused on crude oil and natural gas operations in the Western Canadian Sedimentary Basin and Eagle Ford in the United States, with offices in Calgary, Alberta and Houston, Texas.
Baytex Energy (NYSE:BTE) reported strong Q2 2025 results, highlighted by record well performance in the Pembina Duvernay basin. The company achieved production of 148,095 boe/d (84% oil and NGL), representing a 2% increase in production per basic share year-over-year.
Financial highlights include net income of $152 million ($0.20 per share), adjusted funds flow of $367 million ($0.48 per share), and net debt reduction of 4% ($96 million). The company maintains a strong balance sheet with a total debt to Bank EBITDA ratio of 1.1x.
Operational achievements include record Pembina Duvernay well performance with average 30-day peak rates of 1,865 boe/d per well, successful Eagle Ford refracs, and a 7% increase in heavy oil production compared to Q1. For 2025, Baytex targets annual production of 148,000 boe/d and expects to generate approximately $400 million in free cash flow, prioritizing debt reduction.
Baytex Energy (NYSE:BTE) has declared a quarterly cash dividend of CDN$0.0225 per share for October 2025. The dividend will be paid on October 1, 2025 to shareholders of record as of September 15, 2025.
The dividend is equivalent to approximately US$0.0163 per share at 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, with applicable Canadian withholding taxes for non-Canadian residents.