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Baytex Energy Corp. - $BTE STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Baytex Energy's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Baytex Energy's position in the market.

Rhea-AI Summary
Baytex Energy Corp. will release its Q4 and full-year 2023 financial results on February 28, 2024. The company will host a conference call on February 29, 2024, to discuss the results. Baytex is an energy company focused on oil and gas production in Canada and the US.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
-
Rhea-AI Summary
Baytex Energy Corp. (BTE) announces a 2024 budget for exploration and development expenditures of $1.2 to $1.3 billion, aiming for average annual production of 150,000 to 156,000 boe/d. The company plans to allocate 60% to 65% of its exploration and development expenditures to its Eagle Ford light oil assets in the United States and 35% to 40% to its Canadian assets. Baytex also intends to direct 50% of free cash flow to share buybacks and its base dividend and the other 50% to further strengthen the balance sheet. The company's five-year outlook demonstrates its commitment to a disciplined, returns-based capital allocation philosophy that drives increased shareholder returns on a per-share basis, with an expected annual production growth of 1% to 4% during the plan period.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.18%
Tags
none
-
Rhea-AI Summary
Baytex Energy Corp. (BTE) to Sell Viking Assets for $153.8 Million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
Rhea-AI Summary
Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) Announces Denial of Non-Capital Loss Deductions by Canada Revenue Agency, Plans to File Appeals to Tax Court
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.71%
Tags
none
-
Rhea-AI Summary
Baytex Energy Corp. reports strong Q3/2023 results with production exceeding 155,000 boe/d and expects to generate $400 million in free cash flow in Q4/2023. They have increased the pace of their share buyback program and announced two new land extensions. Quarterly cash dividend of $0.0225 per share declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
-
News
Rhea-AI Summary
Baytex Energy Corp. announces a quarterly cash dividend of CDN$0.0225 per share to be paid on January 2, 2024. The dividend is designated as an 'eligible dividend' for Canadian tax purposes and a 'qualified dividend' for U.S. income tax purposes. Baytex is an energy company engaged in the acquisition, development, and production of crude oil and natural gas in Western Canada and the Eagle Ford in the U.S.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
dividends
Rhea-AI Summary
Baytex Energy Corp. will release its 2023 third quarter financial and operating results on November 2, 2023. A conference call and webcast will be held on November 3, 2023 to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.46%
Tags
conferences
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Rhea-AI Summary
Baytex Energy Corp. reports its operating and financial results for the three and six months ended June 30, 2023. Highlights include the completion of the acquisition of Ranger Oil Corporation, generated production of 89,761 boe/d in Q2/2023, and declared a quarterly dividend of $0.0225 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.26%
Tags
News
Rhea-AI Summary
Baytex Energy Corp. (BTE) Declares Quarterly Dividend of CDN$0.0225 per Share, Designated as Eligible Dividend for Canadian Tax Purposes and Qualified Dividend for U.S. Income Tax Purposes
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
9.26%
Tags
dividends
Baytex Energy Corp.

NYSE:BTE

BTE Rankings

BTE Stock Data

2.87B
715.06M
0.73%
36.91%
1.95%
Drilling Oil and Gas Wells
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Calgary

About BTE

baytex energy corp. is a dividend-paying oil and gas corporation based in calgary, alberta. 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 williston basin in the united states. approximately 89% of baytex's production is weighted toward crude oil, with a particular emphasis on heavy oil. baytex pays a monthly dividend on its common shares which are traded on the toronto stock exchange and the new york stock exchange under the symbol bte.