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.
- 05/05/2025
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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.
- 05/05/2025
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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.
- 05/05/2025
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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.
- 04/28/2025
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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.
- 04/07/2025
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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.
- 03/29/2025
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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%.
- 03/06/2025
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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.
- 03/05/2025
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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.
- 03/05/2025
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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.
- 03/04/2025
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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.
- 03/04/2025
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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.
- 03/04/2025
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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.
- 02/25/2025
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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.
- 12/27/2024
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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).
- 12/20/2024
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Baytex Energy: A Look At Its Outlook For 2025
- Baytex Energy: A Look At Its Outlook For 2025
- 12/19/2024
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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.
- 12/03/2024
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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.
- 11/26/2024
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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.
- 11/21/2024
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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.
- 11/17/2024
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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.
- 11/15/2024
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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.
- 11/05/2024
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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.
- 11/01/2024
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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.
- 10/31/2024
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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%.
- 10/31/2024
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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.
- 10/31/2024
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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.
- 10/24/2024
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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.
- 10/17/2024
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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.
- 10/16/2024
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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).
- 09/27/2024
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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.
- 09/09/2024
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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.
- 08/23/2024
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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.
- 08/23/2024
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4 Energy Stocks to Buy on Continued Geopolitical Goings-on
- Buy energy stocks like Baytex (BTE), SM Energy (SM), Delek (DKL) & CrossAmerica (CAPL) for steady returns and risk reduction as the sector remains resilient.
- 08/22/2024
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Is Baytex Energy (BTE) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Baytex Energy (BTE) and Northern Oil and Gas (NOG) have performed compared to their sector so far this year.
- 08/13/2024
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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.
- 08/07/2024
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7 Undervalued Stocks That Wall Street Is Mistakenly Ignoring
- While the idea of betting on a strong enterprise in the hopes that it will rise even higher is a valid one, arguably most investors prefer the opposite concept: finding undervalued stocks – especially those that Wall Street may be ignoring – that have a chance of shocking everyone. It's a riskier approach, to be sure.
- 08/06/2024
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Best Income Stocks to Buy for August 2nd
- BTE, ESI, and WT made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 2, 2024.
- 08/02/2024
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Best Value Stocks to Buy for August 2nd
- IBCP, BTE, and SVM made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 2, 2024.
- 08/02/2024
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Best Income Stocks to Buy for July 30th
- BTG, NEM, and BTE made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 30, 2024.
- 07/30/2024
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Best Value Stocks to Buy for July 30th
- BTG, VIRC, and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 30, 2024.
- 07/30/2024
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Baytex Energy: Per Share Production Up 23%
- Baytex Energy Corp. per share production is up sharply due to the acquisition. Clearwater wells return 500% at least in the current environment. Acquisition of Ranger Oil added much-needed light oil production. This supports the expansion of the heavy oil business.
- 07/26/2024
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Baytex Energy Corp. (BTE) Q2 2024 Earnings Call Transcript
- Baytex Energy Corp. (NYSE:BTE ) Q2 2024 Earnings Conference Call July 26, 2024 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 Greg Pardy - RBC Capital Markets Jeremy McCrea - BMO Capital Markets Amir Arif - ATB Capital Operator Thank you for standing by. This is the conference operator.
- 07/26/2024
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Fast-paced Momentum Stock Baytex (BTE) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Baytex (BTE) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 07/26/2024
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New Strong Buy Stocks for July 26th
- FISI, BTE, HSTM, WDC and VIRC have been added to the Zacks Rank #1 (Strong Buy) List on July 26, 2024.
- 07/26/2024
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Best Value Stocks to Buy for July 26th
- VIRC, GFF and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 26, 2024.
- 07/26/2024
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Best Momentum Stocks to Buy for July 26th
- HSTM, WDC and BTE made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 26, 2024.
- 07/26/2024
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Best Income Stocks to Buy for July 26th
- FISI, BTE and HMC made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 26, 2024.
- 07/26/2024
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Baytex Energy (BTE) Misses Q2 Earnings Estimates
- Baytex Energy (BTE) came out with quarterly earnings of $0.09 per share, missing the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.27 per share a year ago.
- 07/25/2024
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Baytex Announces Second Quarter 2024 Results
- Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2024 (all amounts are in Canadian dollars unless otherwise noted). "We delivered strong second quarter results with higher production, disciplined capital spending and meaningful free cash flow.
- 07/25/2024
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Baytex Announces Quarterly Dividend for October 2024
- Calgary, Alberta--(Newsfile Corp. - July 25, 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 October 1, 2024 for shareholders of record on September 16, 2024. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US.
- 07/25/2024
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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.
- 07/22/2024
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Baytex Conference Call and Webcast on Second Quarter 2024 Results to be held on July 26, 2024
- Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thursday July 25, 2024. A conference call and webcast will be held on Friday July 26, 2024 to discuss the results: Date: Friday July 26, 2024 Time: 9:00 a.m.
- 07/18/2024
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3 Under $10 Stocks to Buy Now: Q3 Edition
- You get what you pay for and that applies to the equities sector as well. Sure, you can always filter for ideas that are cheap in price.
- 07/18/2024
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Black Gold Bargains: 7 Discounted Oil Stocks Ready for a Comeback
- One of the investment sectors in which it's difficult to address the “why” component is the hydrocarbon ecosystem. With the political and ideological winds favoring clean and renewable energy infrastructures, why would anyone consider fossil fuels, even if they were billed as discounted oil stocks?
- 07/01/2024
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Baytex Energy: Clearwater Production Up As Advertised
- Acquisition of oil light production allowed Baytex Energy to safely increase Clearwater heavy oil production without risking the company. Management may have an opportunity to achieve a faster Clearwater payback. Management is likely to make the acquired Eagle Ford operation more efficient. This production needs to show a decent profit as well.
- 07/01/2024
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Baytex Announces Renewal of Normal Course Issuer Bid
- Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,112,570 common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the option of Baytex.
- 06/26/2024
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Baytex Energy: Narrower WCS Differentials Partially Offset Lower Oil Prices
- With the Trans Mountain Pipeline expansion, WCS differentials have narrowed to near negative US$12, which is a US$7 improvement compared to Q1 2024. This partially offsets the impact of weaker oil prices, with 2H 2024 WTI strip at around $73 now. Baytex's Q1 2024 results were in line with expectations, and its full-year guidance remains unchanged.
- 06/05/2024
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Baytex Energy: Some Patience Needed
- Baytex Energy posted a slight loss for Q1 due to non-cash issues, but cash flow grew at a healthy pace. Operational improvements are a priority for management to improve the situation. The large cash flow increase bodes well for debt repayment and potentially larger dividends.
- 05/10/2024
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Baytex Energy Corp. (BTE) Q1 2024 Earnings Call Transcript
- Baytex Energy Corp. (NYSE:BTE ) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Brian Ector - SVP of Capital Markets and IR Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Conference Call Participants Menno Hulshof - TD Cowen Amir Arif - ATB Capital Markets Operator Thank you for standing by. This is the conference operator.
- 05/10/2024
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Baytex Reports Shareholder Meeting Results
- Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - 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 316,924,889 common shares being 38.56% of Baytex's issued and outstanding shares were represented at the meeting.
- 05/09/2024
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Baytex Announces First Quarter 2024 Results
- Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "In the first quarter we safely and efficiently executed the largest exploration and development ("E&D") program in company history and delivered operating and financial results consistent with our full-year guidance.
- 05/09/2024
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Baytex Announces Quarterly Dividend for July 2024
- Calgary, Alberta--(Newsfile Corp. - May 9, 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 July 2, 2024 for shareholders of record on June 14, 2024. The U.S. dollar equivalent amount is approximately US$0.0164 per share assuming a foreign exchange rate of 1.37 CAD/US.
- 05/09/2024
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Baytex Conference Call and Webcast on First Quarter 2024 Results to Be Held on May 10, 2024
- Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its first quarter 2024 financial and operating results after the close of markets on Thursday May 9, 2024. A conference call and webcast will be held on Friday May 10, 2024 to discuss the results: Date: Friday May 10, 2024 Time: 9:00 a.m.
- 05/02/2024
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Baytex Energy Announces Granting of Exemptive Relief Regarding Its Normal Course Issuer Bid Program
- Calgary, Alberta--(Newsfile Corp. - April 22, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced it obtained an exemption order from the Canadian securities regulators which permits Baytex to purchase up to 10 percent of the "public float" (within the meaning of the rules of the Toronto Stock Exchange (the "TSX")) of its common shares through the New York Stock Exchange and other U.S.-based trading systems (together with the New York Stock Exchange, "U.S. Markets") as part of Baytex's shareholder return strategy, including the current normal course issuer bid announced on June 23, 2023 (the "Current Bid"). Absent this exemptive relief, Baytex's purchases under a normal course issuer bid on U.S. Markets would be limited to not more than 5 percent of its outstanding common shares over any twelve-month period.
- 04/22/2024
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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.
- 04/22/2024
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Black Gold Boom: 3 Oil Stocks Primed to Pump as Prices Peak
- Geopolitical tensions in the Middle East pushed the price of crude oil to a six-month high last week. Naturally, investor interest in oil stocks has increased significantly recently, boosting the sector to the second-best market performer.
- 04/17/2024
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Baytex (BTE) is an Incredible Growth Stock: 3 Reasons Why
- Baytex (BTE) possesses solid growth attributes, which could help it handily outperform the market.
- 04/15/2024
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Is Baytex the Best Oil Stock to Buy Right Now?
- Baytex made a transformative acquisition last year. At current oil prices, the company's 2024 cash flow projections are too low.
- 04/13/2024
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Are Oils-Energy Stocks Lagging Baytex Energy (BTE) This Year?
- Here is how Baytex Energy (BTE) and Enerplus (ERF) have performed compared to their sector so far this year.
- 04/12/2024
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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.
- 04/05/2024
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Baytex Announces Closing of US$575 Million Private Placement Offering of Senior Notes
- Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private placement offering (the "Offering") of US$575 million aggregate principal amount of senior unsecured notes due 2032 (the "Notes"). The Notes bear interest at a rate of 7.375% per annum and mature on March 15, 2032.
- 04/01/2024
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Is Baytex Energy (BTE) Stock Outpacing Its Oils-Energy Peers This Year?
- Here is how Baytex Energy (BTE) and Kodiak Gas Services (KGS) have performed compared to their sector so far this year.
- 03/26/2024
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3 Reasons Growth Investors Will Love Baytex (BTE)
- Baytex (BTE) could produce exceptional returns because of its solid growth attributes.
- 03/25/2024
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Baytex Energy: Projected 2024 Free Cash Flow Improves To Over US$500 Million
- 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.
- 03/21/2024
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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.
- 03/20/2024
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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") 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.
- 03/14/2024
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Baytex Announces Proposed US$500 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.
- 03/14/2024
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3 Stocks in the Canadian Upstream Industry Worth Some Thought
- 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.
- 03/11/2024
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Baytex Energy: One Of Best E&Ps For Oil Bulls
- 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.
- 03/03/2024
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Hidden Penny Gems: 7 Stocks With Triple-Digit Growth Prospects
- 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.
- 03/01/2024
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Baytex Energy Corp. (BTE) Q4 2023 Earnings Call Transcript
- Baytex Energy Corp. (BTE) Q4 2023 Earnings Call Transcript
- 02/29/2024
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Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2023 Results to be Held on February 29, 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.
- 02/21/2024
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Baytex Energy: What Happens Next
- 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.
- 01/20/2024
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4 Penny Stocks To Buy For Under $5
- 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.
- 12/20/2023
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Is the Options Market Predicting a Spike in Baytex Energy (BTE) Stock?
- Investors need to pay close attention to Baytex Energy (BTE) stock based on the movements in the options market lately.
- 12/18/2023
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Baytex: Downgrading To 'Buy' On Lower Oil Price Assumptions
- 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.
- 12/17/2023
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3 Highly Ranked Energy Stocks to Buy as Earnings Approach
- 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.
- 11/01/2023
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Baytex Conference Call and Webcast on Third Quarter 2023 Results to Be Held on November 3, 2023
- 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.
- 10/26/2023
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New Strong Buy Stocks for October 12th
- BTE, AZEK, SOLO, RNLX and RSKD have been added to the Zacks Rank #1 (Strong Buy) List on October 12, 2023.
- 10/12/2023
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Best Value Stocks to Buy for October 12th
- JILL and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 12, 2023.
- 10/12/2023
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Best Income Stocks to Buy October 12th
- BTE made it to the Zacks Rank #1 (Strong Buy) income stocks list on October 12, 2023.
- 10/12/2023
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Don't Miss the Boom: 3 Oil Stocks Set to Explode Higher
- On the surface, the concept of oil stocks to buy seems rather irrelevant. After all, the political and ideological winds push renewable energy sources like wind and solar.
- 09/27/2023
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Is the Options Market Predicting a Spike in Baytex Energy (BTE) Stock?
- Investors need to pay close attention to Baytex Energy (BTE) stock based on the movements in the options market lately.
- 09/22/2023
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Billionaires Are Betting Big on These 3 Stocks Under $10
- In the intricate tapestry of the investment world, one thread that consistently gauges the interest of analysts and investors alike is stocks that billionaires are buying. There's an undeniable allure in understanding the rationale behind the wealthy setting their sights on stocks to buy under $10.
- 08/17/2023
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Baytex to Present at EnerCom Denver
- Calgary, Alberta--(Newsfile Corp. - August 8, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at EnerCom Denver on Monday August 14, 2022 at 10:55 am MDT. Interested parties can listen to the webcast by registering at the following URL: https://www.enercomdenver.com/ A replay will be available on the Baytex website, www.baytexenergy.com, for six months following the presentation.
- 08/08/2023
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Baytex Conference Call and Webcast on Second Quarter 2023 Results to Be Held on July 28, 2023
- Calgary, Alberta--(Newsfile Corp. - July 20, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 second quarter financial and operating results after the close of markets on Thursday July 27, 2023. A conference call and webcast will be held on Friday July 28, 2023 to discuss the results: Date: Friday July 28, 2023 Time: 9:00 a.m.
- 07/20/2023
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Surprise! These 3 Penny Stocks Pack Powerful Financials.
- Penny stocks have a horrible reputation for the most part and it's not necessarily undeserved. Too many times, charlatans hawk their junk securities, often in the over-the-counter market where regulations are far less stringent than in actual exchanges.
- 07/10/2023
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3 Canadian E&P Stocks to Watch From a Turbulent Industry
- While the Zacks Oil and Gas - Exploration and Production - Canadian industry has certainly taken some punishment due to the low-price environment, companies like CNQ, CPG and BTE should still appeal to investors willing to be patient.
- 07/07/2023
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3 Under-the-Radar Penny Stocks That May Be Sleeping Giants
- While there are few stocks trading under $5 that I would consider investing in, promising penny stocks are still available. According to Finviz.com, 3,674 stocks have a market capitalization of $300 million or higher.
- 06/16/2023
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Baytex Conference Call and Webcast on First Quarter 2023 Results to Be Held on May 5, 2023
- Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 first quarter financial and operating results after the close of markets on Thursday May 4, 2023. A conference call and webcast will be held on Friday May 5, 2023 to discuss the results: Date: Friday May 5, 2023 Time: 9:00 a.m.
- 04/27/2023
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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.
- 04/12/2023
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3 Most Volatile Penny Stocks Day Traders Are Eyeing Now
- No matter what I have to say next, you should not buy penny stocks. They're volatile, woefully unpredictable and can lead you to emotional reactions that ultimately hurt your finances.
- 04/04/2023
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Baytex Announces Virtual Fireside Chat with TD Securities
- Calgary, Alberta--(Newsfile Corp. - March 7, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that TD Securities will be hosting a virtual Fireside Chat with Eric Greager, President and CEO, on Thursday March 9, 2023 at 10:00 am EST. Interested parties can listen to the webcast by registering at the following URL: https://www.veracast.com/webcasts/tds/meetings/889d37.cfm A replay will be available on the Baytex website, www.baytexenergy.com, for three months following the presentation.
- 03/07/2023
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Baytex to Present at the Scotia Howard Weil Energy Conference
- Calgary, Alberta--(Newsfile Corp. - March 1, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at the Scotia Howard Weil Energy Conference on Tuesday March 7, 2023 at 2:00 pm EST. Interested parties can listen to the webcast by registering at the following URL: https://wsw.com/webcast/bns36/bte/1523268 A replay will be available on the Baytex website, www.baytexenergy.com, for three months following the presentation.
- 03/01/2023
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Baytex Energy Corp. (BTE) Q4 2022 Earnings Call Transcript
- Baytex Energy Corp. (NYSE:BTE ) Q4 2022 Earnings Conference Call February 24, 2023 11:00 AM ET Company Participants Brian Ector - Vice President, Capital Markets Eric Greager - President & Chief Executive Officer Conference Call Participants Menno Hulshof - TD Securities Amir Arif - ATB Capital Markets Jeremy McCrea - Raymond James Operator Thank you for standing by. This is the conference operator.
- 02/24/2023
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Baytex Energy Corporation (BTEGF) Q3 2022 Earnings Call Transcript
- Baytex Energy Corporation (OTCPK:BTEGF) Q3 2022 Earnings Conference Call November 4, 2022 11:00 AM ET Company Participants Brian Ector - VP, Capital Markets Edward LaFehr - President, CEO & Director Rodney Gray - EVP & CFO Eric Greager - Incoming President & CEO Chad Lundberg - Chief Operating & Sustainability Officer Conference Call Participants Patrick O'Rourke - ATB Capital Markets Menno Hulshof - TD Securities Dennis Fong - CIBC Operator Thank you for standing by. This is the conference operator.
- 11/04/2022
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Baytex Energy: The CEO Retires
- Debt reduction is finally showing material debt ratio results faster than planned. Production growth is creeping into the future.
- 11/02/2022
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Baytex Energy: What Exactly Is Important
- Clearwater is going to increase Baytex's profitability for years to come. Clearwater will do this profitability increase through more productive wells that are cheaper to drill than is the case for legacy heavy oil production.
- 09/25/2022
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Baytex Energy: Increased Return Of Capital Expected In Early 2023
- Baytex is now on track to reach its net debt target of CAD$800 million (US$615 million) in early 2023. At that point, it is expected to put 50% of its free cash flow towards share repurchases.
- 09/06/2022
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Baytex Energy: Clearwater Takes Over
- The necessary balance between reliable light oil cash flow and more volatile heavy oil cash flow will change for Baytex Energy with the addition of the Clearwater play. The superior Clearwater profitability also affects investment performance throughout the industry cycle.
- 08/01/2022
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Baytex Energy Corp.'s (BTEGF) CEO Ed LaFehr on Q2 2022 Results - Earnings Call Transcript
- Baytex Energy Corp. (OTCPK:BTEGF) Q2 2022 Earnings Conference Call July 28, 2022 11:00 AM ET Company Participants Brian Ector – Vice President, Capital Markets Ed LaFehr – President and Chief Executive Officer Rod Gray – Executive Vice President and Chief Financial Officer Conference Call Participants Josh Young – Bison Operator Thank you for standing by. This is the conference operator.
- 07/28/2022
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What's Going On With Baytex Energy Shares Today
- RBC Capital analyst Greg Pardy raised the price target for Baytex Energy Corp (TSX: BTE) (OTC: BTEGF) to C$7 from C$6 while maintaining the Sector Perform rating on the shares. Pardy notes Baytex is off to a nice start in 2022 amid ongoing debt reduction and impressive.
- 05/02/2022
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Baytex Energy Survived The Year
- Baytex Energy Survived The Year
- 04/03/2021
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Baytex Announces Fourth Quarter and Full Year 2020 Financial and Operating Results and Year End 2020 Reserves
- CALGARY, Alberta, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex") (TSX: BTE) reports its operating and financial results for the three months and year ended December 31, 2020 (all amounts are in Canadian dollars unless otherwise noted).
- 02/24/2021
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Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2020 Financial and Operating Results to be Held on February 25, 2021
- CALGARY, Alberta, Feb. 17, 2021 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX: BTE) will release its fourth quarter and full year 2020 financial and operating results after the close of markets on Wednesday February 24, 2021. A conference call and webcast will be held on Thursday February 25, 2021 to discuss the results.
- 02/17/2021
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Time To Make Room For Baytex Energy
- Time To Make Room For Baytex Energy
- 01/08/2021
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Baytex Energy: Cutting Costs While Waiting For The Recovery
- The Eagle Ford leases are generally the most profitable over time. Heavy oil can be the most profitable product when oil prices are high.
- 12/15/2020
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This Canadian Pick Isn't Your Ordinary Penny Stock
- Penny stocks are ordinarily viewed as high-risk investments, but that also means a potential for high returns.
- 12/10/2020
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Baytex Announces 2021 Budget
- CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE.BC) announces that its Board of Directors has approved a 2021 capital budget of $225 to $275 million, which is designed to generate free cash flow and average annual production of 73,000 to 77,000 boe/d.
- 12/02/2020
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Baytex Energy's (BTE) CEO Ed LaFehr on Q3 2020 Results - Earnings Call Transcript
- Baytex Energy's (BTE) CEO Ed LaFehr on Q3 2020 Results - Earnings Call Transcript
- 11/03/2020
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Baytex Announces Third Quarter 2020 Financial and Operating Results and Board Appointment
- CALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX: BTE, NYSE: BTE.BC) reports its operating and financial results for the three and nine months ended September 30, 2020 (all amounts are in Canadian dollars unless otherwise noted).
- 11/02/2020
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Baytex Conference Call and Webcast on Third Quarter 2020 Results to Be Held on November 3, 2020
- CALGARY, Alberta, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 third quarter financial and operating results after the close of markets on Monday November 2, 2020. A conference call and webcast will be held on Tuesday November 3, 2020 discuss the results.
- 10/26/2020
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Baytex Energy (BTE) Investor Presentation - Slideshow
- The following slide deck was published by Baytex Energy Corp. in conjunction with this event..
- 08/18/2020
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CANADA STOCKS-TSX gains on energy boost, positive China data
- Aug 10 (Reuters) - Canada's main stock index opened higher on Monday, boosted by energy stocks which tracked higher oil prices and an improvement in China's factory data.
- 08/10/2020
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Baytex Energy Corp (BTE) Q2 2020 Earnings Call Transcript
- Image source: The Motley Fool. Baytex Energy Corp (NYSE: BTE)Q2 2020 Earnings CallJul 30, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by.
- 07/31/2020
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Baytex Energy's (BTE) CEO Ed LaFehr on Q2 2020 Results - Earnings Call Transcript
- Baytex Energy Corp (NYSE:BTE) Q2 2020 Earnings Conference Call July 30, 2020 11:00 AM ET Company Participants Brian Ector – Vice President-Capital Markets Ed LaFehr – President and Chief Executive Officer Rod Gray – Executive Vice President and Chief Financial Officer Conference Call Participants Phil Skolnick – Eight Capital Presentation Operator Thank you for standing by.
- 07/30/2020
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Baytex Energy Corp. 2020 Q2 - Results - Earnings Call Presentation
- The following slide deck was published by Baytex Energy Corp. in conjunction with their 2020 Q2 earnings call..
- 07/30/2020
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Baytex Announces Second Quarter 2020 Financial and Operating Results
- CALGARY, Alberta, July 29, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six months ended June 30, 2020 (all amounts are in Canadian dollars unless otherwise noted). “During the second quarter we took decisive steps to adjust our business model in the face of extremely volatile crude oil markets. We are now starting to benefit from the actions we have taken as we generated positive free cash flow during the quarter and maintained approximately $300 million of financial liquidity. We restarted approximately 80% of the previously announced shut-in volumes, which we expect will positively impact our adjusted funds flow for the remainder of the year,” commented Ed LaFehr, President and Chief Executive Officer.Q2 2020 Highlights * Generated production of 72,508 boe/d (81% oil and NGL), consistent with our previously announced guidance range for the second quarter of 72,000 to 73,000 boe/d. * Delivered adjusted funds flow of $18 million ($0.03 per basic share). * Realized an operating netback (inclusive of realized financial derivatives gain) of $8.02/boe. * Reduced net debt by $57 million as the Canadian dollar strengthened relative to the U.S. dollar and we generated positive free cash flow of $6 million. * Maintained undrawn credit capacity of $363 million and liquidity, net of working capital, of approximately $300 million. * Achieved a 15% reduction in our GHG emissions intensity in 2019 and remain committed to our 30% target by the end of 2021.2020 OutlookWe continue to forecast annual capital spending of $260 to $290 million, an approximate 50% reduction from our original plan of $500 to $575 million. With this revised capital program, we suspended drilling operations in Canada and moderated the pace of activity in the Eagle Ford.We previously announced voluntary production shut-ins of approximately 25,000 boe/d. These volumes remained off-line for April and May. As operating netbacks improved in June, we initiated plans to bring approximately 80% of these volumes back on-line. At current commodity prices, the resumption of production from these previously shut-in barrels is expected to have a positive impact on our adjusted funds flow and improve our financial liquidity. For the second half of 2020, we currently project about 5,000 boe/d of heavy oil production to remain shut-in.On June 25, we revised our production guidance range for 2020 to 78,000 to 82,000 boe/d, from 70,000 to 74,000 boe/d previously, taking into account the production brought back on-line. Should operating netbacks change, we have the ability to shut-in additional volumes or restart wells in short order.We remain intensely focused on driving further efficiencies to capture or sustain cost reductions identified during this downturn, while protecting the health and safety of our personnel. Three Months EndedSix Months Ended June 30, 2020 March 31, 2020 June 30, 2019 June 30, 2020 June 30, 2019 FINANCIAL (thousands of Canadian dollars, except per common share amounts) Petroleum and natural gas sales$152,689 $336,614 $482,000 $489,303 $935,424 Adjusted funds flow (1)17,887 132,935 236,130 150,822 456,900 Per share - basic0.03 0.24 0.42 0.27 0.82 Per share - diluted0.03 0.24 0.42 0.27 0.82 Net income (loss)(138,463) (2,498,217) 78,826 (2,636,680) 90,162 Per share - basic(0.25) (4.46) 0.14 (4.71) 0.16 Per share - diluted(0.25) (4.46) 0.14 (4.71) 0.16 Capital Expenditures Exploration and development expenditures (1)$9,852 $176,777 $106,246 $186,629 $260,089 Acquisitions, net of divestitures(11) (40) 1,647 (51) 1,647 Total oil and natural gas capital expenditures$9,841 $176,737 $107,893 $186,578 $261,736 Net Debt Bank loan (2)$704,135 $678,740 $414,691 $704,135 $414,691 Long-term notes (2)1,225,395 1,270,800 1,543,645 1,225,395 1,543,645 Long-term debt1,929,530 1,949,540 1,958,336 1,929,530 1,958,336 Working capital deficiency65,423 102,077 70,350 65,423 70,350 Net debt (1)$1,994,953 $2,051,617 $2,028,686 $1,994,953 $2,028,686 Shares Outstanding - basic (thousands) Weighted average560,512 559,804 556,599 560,158 556,022 End of period560,545 560,483 556,798 560,545 556,798 BENCHMARK PRICES Crude oil WTI (US$/bbl)$27.85 $46.17 $59.81 $37.01 $57.36 MEH oil (US$/bbl)26.40 49.54 66.37 37.97 63.42 MEH oil differential to WTI (US$/bbl)(1.45) 3.37 6.56 0.96 6.06 Edmonton par ($/bbl)29.85 51.43 73.84 40.64 70.19 Edmonton par differential to WTI (US$/bbl)(6.31) (7.92) (4.61) (7.24) (4.72) WCS heavy oil ($/bbl)22.70 34.48 65.73 28.68 61.17 WCS differential to WTI (US$/bbl)(11.47) (20.53) (10.68) (16.00) (11.48) Natural gas NYMEX (US$/mmbtu)$1.72 $1.95 $2.64 $1.83 $2.89 AECO ($/mcf)1.91 2.14 1.17 2.03 1.56 CAD/USD average exchange rate1.3860 1.3445 1.3376 1.3653 1.3334 Three Months EndedSix Months Ended June 30, 2020 March 31, 2020 June 30, 2019 June 30, 2020 June 30, 2019 OPERATING Daily Production Light oil and condensate (bbl/d)38,951 45,717 42,585 42,333 43,809 Heavy oil (bbl/d)11,832 28,854 27,320 20,343 27,107 NGL (bbl/d)7,634 7,822 10,986 7,728 11,356 Total liquids (bbl/d)58,417 82,393 80,891 70,404 82,272 Natural gas (mcf/d)84,546 96,356 105,065 90,451 104,874 Oil equivalent (boe/d @ 6:1) (3)72,508 98,452 98,402 85,479 99,751 Netback (thousands of Canadian dollars) Total sales, net of blending and other expense (4)$147,229 $315,257 $461,110 $462,486 $897,746 Royalties(29,156) (56,720) (86,617) (85,876) (167,942) Operating expense(73,680) (104,470) (100,474) (178,150) (200,766) Transportation expense(5,031) (10,342) (11,869) (15,373) (25,199) Operating netback (1)$39,362 $143,725 $262,150 $183,087 $503,839 General and administrative(7,438) (9,775) (11,506) (17,213) (25,642) Cash financing and interest(27,387) (28,535) (28,092) (55,922) (56,276) Realized financial derivatives gain13,624 26,850 12,993 40,474 31,807 Other (5)(274) 670 585 396 3,172 Adjusted funds flow (1)$17,887 $132,935 $236,130 $150,822 $456,900 Netback (per boe) Total sales, net of blending and other expense (4)$22.31 $35.19 $51.49 $29.73 $49.72 Royalties(4.42) (6.33) (9.67) (5.52) (9.30) Operating expense(11.17) (11.66) (11.22) (11.45) (11.12) Transportation expense(0.76) (1.15) (1.33) (0.99) (1.40) Operating netback (1)$5.96 $16.05 $29.27 $11.77 $27.90 General and administrative(1.13) (1.09) (1.28) (1.11) (1.42) Cash financing and interest(4.15) (3.19) (3.14) (3.59) (3.12) Realized financial derivatives gain2.06 3.00 1.45 2.60 1.76 Other (5)(0.03) 0.07 0.07 0.02 0.19 Adjusted funds flow (1)$2.71 $14.84 $26.37 $9.69 $25.31 Notes: 1. The terms “adjusted funds flow”, “exploration and development expenditures”, “net debt” and “operating netback” do not have any standardized meaning as prescribed by Canadian Generally Accepted Accounting Principles (“GAAP”) and therefore may not be comparable to similar measures presented by other companies where similar terminology is used. See the advisory on non-GAAP measures at the end of this press release. 2. Principal amount of instruments. The carrying amount of debt issue costs associated with the bank loan and long-term notes are excluded on the basis that these amounts have been paid by Baytex and do not represent an additional source of capital or repayment obligations. 3. Barrel of oil equivalent ("boe") amounts have been calculated using a conversion rate of six thousand cubic feet of natural gas to one barrel of oil. The use of boe amounts may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet of natural gas to one barrel of oil is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. 4. Realized heavy oil prices are calculated based on sales dollars, net of blending and other expense. We include the cost of blending diluent in our realized heavy oil sales price in order to compare the realized pricing on our produced volumes to the WCS benchmark. 5. Other is comprised of realized foreign exchange gain or loss, other income or expense, and current income tax expense or recovery. Refer to the Q2/2020 MD&A for further information on these amounts. Q2/2020 ResultsDuring the second quarter we took decisive steps to adjust our business plan in the face of extremely volatile crude oil markets. In addition to voluntarily shutting-in production, we suspended drilling operations in Canada and moderated our pace of activity in the Eagle Ford. As a result, exploration and development spending totaled a modest $10 million during the second quarter. Production during the second quarter averaged 72,508 boe/d (81% oil and NGL), as compared to 98,452 boe/d (83% oil and NGL) in Q1/2020. Production in Canada averaged 37,691 boe/d (83% oil and NGL), as compared to 62,262 boe/d in Q1/2020, while production in the Eagle Ford averaged 34,817 boe/d (77% oil and NGL), as compared to 36,190 boe/d in Q1/2020. Our second quarter production was reduced by approximately 20,000 boe/d due to the voluntary shut-ins.We delivered adjusted funds flow of $18 million ($0.03 per basic share) in Q2/2020 and generated an operating netback of $5.96/boe ($8.02/boe inclusive of realized financial derivatives gain). The Eagle Ford generated an operating netback of $10.05/boe and our Canadian operations generated an operating netback of $2.19/boe.
- 07/29/2020
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Natural Gas Ready To Double: The Best Ways To Play It
- Very rarely do you have a super fat pitch like you do in natural gas. While demand has cratered, supply is falling furiously and setting up a rather epic mismatch.
- 07/27/2020
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Baytex Energy Corporation: A High-Risk Canadian Micro Cap
- In this article, we take a look at Baytex Energy Co. It has cash flow and has received an analyst upgrade.
- 07/27/2020
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Baytex Energy: The Renaissance Begins
- Management has announced their intentions to restart heavy oil production. Debt levels were very reasonable when compared to 2019 EBITDAX.
- 07/24/2020
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Oil Price Outlook: OPEC Cuts, America Steps On The Gas
- Oil prices have been caught in a battle of demand loss and supply cuts. Prices have risen off the April lows but now are facing more challenges to break through to new highs.
- 07/24/2020
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Baytex Conference Call and Webcast on Second Quarter 2020 Results to be Held on July 30, 2020
- CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 second quarter financial and operating results after the close of markets on Wednesday July 29, 2020. A conference call and webcast will be held on Thursday July 30, 2020 discuss the results.Conference Call Details: Date:Thursday July 30, 2020 Time:9:00 a.m. MDT (11:00 a.m. EDT) Dial-in:1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free) Webcast:http://services.choruscall.ca/links/baytexq220200730.html An archived recording of the conference call will be available shortly after the event by accessing the webcast link above. The conference call will also be archived on the Baytex website at www.baytexenergy.com.Baytex Energy Corp. is an 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 Eagle Ford in the United States. Approximately 83% of Baytex’s production is weighted toward crude oil and natural gas liquids. 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, Vice President, Capital Markets Toll Free Number: 1-800-524-5521 Email: investor@baytexenergy.com
- 07/23/2020
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Baytex to Present at TD Securities 2020 Virtual Energy Conference
- CALGARY, Alberta, July 06, 2020 -- Baytex Energy Corp. (TSX, NYSE: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the TD Securities.
- 07/06/2020
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Stocks To Watch: Postmates, Walgreens And Cannabis Plays
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 07/04/2020
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Oil Outlook: 2020 And Beyond
- Falling Rig counts help build the bullish case. US oil production should fall significantly in 12 months. Bloated inventories and tepid demand means that price
- 07/01/2020
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Energy Stocks Breakout After Month-Long Consolidation
- We re-bought BTE today for our portfolio and decided to add it to our oil trading portfolio as well for leverage to the upside. WTI needs to make a sustained mo
- 06/30/2020
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Baytex Provides Corporate Update
- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) provides a corporate update that includes the resumption of previously shut-in crude oil production. "Senior Secured Debt" is defined as the principal amount of the bank loan and other secured obligations identified in the credit agreement.
- 06/25/2020
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Register Now for EnerCom's 25th Anniversary of The Oil & Gas Conference®, August 17-19, 2020
- EnerCom, Inc. is pleased to announce that registration is open for the 25th annual edition of its popular The Oil & Gas Conference® August 17th to the 19th, 2020. This year's event will be held in a hybrid format, allowing for limited in-person attendance in Denver, Dallas, Houston, and Calgary, as well as virtual attendance globally.
- 06/24/2020
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CANADA STOCKS-TSX hits near 3-week low on fears of fresh virus outbreak
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Here is What Hedge Funds Think About Baytex Energy Corp (BTE)
- The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
- 06/12/2020
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CANADA STOCKS-TSX gains on energy lift
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Shares of several energy companies are trading lower after API reported an 8.42 million barrel build in crude oil inventories.
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Shares of several energy companies are trading lower as equities sell off following the recent rally. Stocks have rallied over the past week amid optimism towards the US economy reopening and investors have potentially taken some profits following the run up.
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Shares of several energy companies are trading higher after OPEC+ agreed to extend production cuts into July.
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Shares of several energy companies are trading higher amid a gain in oil prices following positive US jobs data and as investors await the OPEC+ conference, hoping for output cuts.
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85 Biggest Movers From Yesterday
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58 Stocks Moving In Wednesday's Mid-Day Session
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Shares of several oil and energy companies are trading higher amid multiple positive catalysts. Economic recoveries in the US and China have lead to a positive demand outlook, while investors also watch for developments concerning OPEC+ production cut talks.
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31 Stocks Moving in Wednesday's Pre-Market Session
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72 Biggest Movers From Yesterday
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Mid-Afternoon Market Update: Crude Oil Rises Over 3%; Kaleido Biosciences Shares Plunge
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50 Stocks Moving In Tuesday's Mid-Day Session
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13 Energy Stocks Moving In Tuesday's Pre-Market Session
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33 Stocks Moving in Tuesday's Pre-Market Session
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Mid-Day Market Update: NASDAQ Turns Lower; MoneyGram International Shares Jump
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Baytex to Present at RBC Capital Markets 2020 Global Energy and Power Conference
- CALGARY, Alberta, May 27, 2020 -- Baytex Energy Corp. (TSX, NYSE: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the RBC Capital.
- 05/27/2020
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Baytex to Present at RBC Capital Markets —…—… Global Energy and Power Conference
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12 Energy Stocks Moving In Tuesday's Pre-Market Session
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Analysts Are Much More Bearish On Baytex Energy Corp. (TSE:BTE) Than They Used To Be
- Market forces rained on the parade of Baytex Energy Corp. (TSE:BTE) shareholders today, when the analysts downgraded...
- 05/11/2020
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Baytex Energy Corp (BTE) Q1 2020 Earnings Call Transcript
- Image source: The Motley Fool. Baytex Energy Corp (NYSE: BTE)Q1 2020 Earnings CallMay 8, 2020, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorThank you for standing by.
- 05/09/2020
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Baytex Reports Shareholder Meeting Results
- CALGARY, Alberta, May 07, 2020 -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held.
- 05/07/2020
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Baytex Announces First Quarter 2020 Financial and Operating Results
- CALGARY, Alberta, May 07, 2020 -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months ended March 31, 2020 (all.
- 05/07/2020
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Baytex Energy Q1 EPS $(4.460) Down From $0.020 YoY
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FACTBOX-North American oil producers slash spending by about 34% amid crude price rout
- North American oil and gas producers have cut their 2020 spending by nearly 34%, or about $41.6 billion, data compiled by
Reuters showed, following a slump in crude prices.
Since Saudi Arabia and Russia launched an oil price war on March 9, U.S. crude has more than halved to under $20 per barrel. Last
month, it crashed into unprecedented negative territory.
The world is also witnessing one of its biggest demand shocks, as global travel curbs to prevent the spread of coronavirus have reduced oil
consumption by millions of barrels per day.
Chevron on Friday said it would further cut its spending by $2 billion to $14 billion, bringing total cuts to $6 billion or 30%.
Exxon Mobil last month cut its spending by 30%, while ConocoPhillips cut its spending for a second time.
A list of companies that have cut their 2020 budgets since March 9:
% change
Exxon Mobil Corp $23,000.00 $33,000.00 -$10,000.00 -30.30% April. 7 nBw94GzpVa
Chevron Corp $14,000.00 $20,000.00 -$6,000.00 -30.00% May 1 nBw5Cc90Ja
Occidental Petroleum Corp $2,800.00 $5,300.00 -$2,500.00 -47.17% Mar. 25 nPn9F23Pya
ConocoPhillips* $4,300.00 $6,600.00 -$2,300.00 -34.85% April 16 nBw66rsC7a
EOG Resources Inc $4,500.00 $6,500.00 -$2,000.00 -30.77% Mar. 16 nPn6bCnd5a
Pioneer Natural Resources Co $1,800.00 $3,300.00 -$1,500.00 -45.45% Mar. 16 nBw1dKbZZa
Continental Resources Inc $1,200.00 $2,650.00 -$1,450.00 -54.72% Mar. 19 nL4N2BC3NH
Diamondback Energy Inc $1,700.00 $2,900.00 -$1,200.00 -41.38% Mar. 19 nGNXyWXc8
Marathon Oil Corp $1,300.00 $2,400.00 -$1,100.00 -45.83% April 1 nL4N2BW2YY
Suncor Energy Inc^^ $2,920.00 $3,960.00 -$1,040.00 -26.26% Mar. 23 nGNX14k4Lj
Noble Energy Inc $850.00 $1,700.00 -$850.00 -50.00% April 15 nBw8gyMvRa
Hess Corp $2,200.00 $3,000.00 -$800.00 -26.67% Mar. 17 nL4N2BA3QS
Devon Energy Corp $1,000.00 $1,800.00 -$800.00 -44.44% Mar. 30 nGNXc9XSSP
Canadian Natural Resources Ltd^^ $2,050.00 $2,800.00 -$750.00 -26.79% Mar. 18 nL4N2BB5BU
Cimarex Energy Co $552.50 $1,300.00 -$747.50 -57.50% Mar. 17 nPnn4Q0Ca
Concho Resources Inc $2,000.00 $2,700.00 -$700.00 -25.93% Mar. 17 nL4N2BA3CT
Parsley Energy Inc* ** $1,000.00 $1,700.00 -$700.00 -41.18% Mar. 18 nPn1XqmSZa
Murphy Oil Corp $780.00 $1,450.00 -$670.00 -46.21% April. 1 nBw4C72cFa
Husky Energy Inc^^ $1,740.00 $2,390.00 -$650.00 -27.20% Mar. 12 nL4N2B55OP
Apache Corp $1,100.00 $1,750.00 -$650.00 -37.14% Mar. 12 nL4N2B53RC
Cenovus Energy Inc^^ $567.05 $1,020.00 -$452.95 -44.41% April. 2 nGNX8pN9gk
WPX Energy Inc $1,337.50 $1,737.50 -$400.00 -23.02% Mar. 18 nPn1XqmSZa
Imperial Oil Ltd^^ $807.53 $1,160.00 -$352.47 -30.39% Mar. 31 nBw8xlKxNa
Centennial Resource Development Inc* $320.00 $640.00 -$320.00 -50.00% Mar. 19 nGNXQPbXR
Crescent Point Inc^^ $539.61 $827.40 -$287.79 -34.78% Mar. 16 nL4N2B94CQ
Callon Petrlouem Co $712.50 $975.00 -$262.50 -26.92% Mar. 17 nL4N2BA3QS
PDC Energy Inc $814.00 $1,050.00 -$236.00 -22.48% Mar. 11 nGNX3pD7t8
Frontera Energy Corp* $140.00 $350.00 -$210.00 -60.00% Mar. 23 nPn8xz2z4a
Whiting Petroleum Corp $417.50 $602.50 -$185.00 -30.71% Mar. 16 nBw5n2PcLa
Baytex Energy Corp^^ $190.15 $371.61 -$181.46 -48.83% Mar. 19 nGNX9CYGt7
Laredo Petroleum Inc $290.00 $450.00 -$160.00 -35.56% Mar. 23 nGNXbJqBfk
Arc Resources Ltd^^ $217.00 $361.00 -$144.00 -39.89% Mar. 13 nCNW686g1a
Seven Generation Energy Ltd $635.00 $776.00 -$141.00 -18.17% Mar. 10 nBw8plrg9a
Talos Energy Inc* $392.50 $533.00 -$140.50 -26.36% Mar. 11 nPrehLbJta
Gran Tierra Energy Inc $70.00 $210.00 -$140.00 -66.67% Mar. 12 nGNX59bXW6
Kosmos Energy Ltd $212.50 $350.00 -$137.50 -39.3% April 8 nBw31s7tHa
Bonanza Creek Energy Inc $90.00 $225.00 -$135.00 -60.00% Mar. 12 nGNX4qJdvs
Paramount Resources Ltd^^ $150.39 $276.59 -$126.20 -45.63% Mar. 19 nCNWn8Dbwa
Parex Resources Inc $105.00 $225.00 -$120.00 -53.33% April. 2 nGNX1JPxqH
GeoPark Ltd $75.00 $190.00 -$115.00 -60.53% Mar. 19 nBw3KWn9ja
Whitecap Resources Inc^^ $141.73 $248.89 -$107.16 -43.06% Mar. 17 nCNW08xW3a
Range Resources Corp $430.00 $520.00 -$90.00 -17.31% Mar. 31 nGNX70m75k
Jadestone Energy Inc* $87.50 $175.00 -$87.50 -50.00% Mar. 20 nRSS7616Ga
Denbury Resources Inc $100.00 $180.00 -$80.00 -44.44% Mar. 31 nGNX7FPFR7
EQT Corp $1,125.00 $1,200.00 -$75.00 -6.25% Mar.16 nL4N2B94CQ
Pipestone Energy Ltd^^ $43.00 $108.00 -$65.00 -60.19% Mar. 12 nGNX2pXtrB
Kelt Exploration Ltd^^ $99.00 $154.00 -$55.00 -35.71% Mar. 18 nNFCzhpXk
W&T Offshore Inc $20.00 $75.00 -$55.00 -73.33% Mar. 17 nGNX30SgBM
Birchcliff Energy Ltd^^ $207.00 $254.00 -$47.00 -18.50% Mar. 11 nGNX1h7dc3
Montage Resources Corp $155.00 $200.00 -$45.00 -22.50% Mar. 25 nBw8ZD9Hda
Meg Energy Corp^^ $145.00 $182.00 -$37.00 -20.33% Mar. 10 nCNWRBFGYa
Peyto Exploration & Development Corp^^ $158.91 $194.22 -$35.31 -18.18% April 15 nGNXc5DKqX
PetroShale Inc^^ $18.28 $49.22 -$30.94 -62.86% Mar. 26 nCNWZ64pfa
TransGlobe Energy Corp* $7.10 $37.10 -$30.00 -80.86% Mar. 12 nGNX2SJ1mC
Athabasca Oil Corp ^^ $60.25 $87.00 -$26.75 -30.75% Mar. 20 nGNX3VfJHm
Gear Energy Ltd^^ $9.00 $34.58 -$25.58 -73.97% Mar. 11 nCNW79pnla
Cardinal Energy Ltd^^ $21.44 $45.63 -$24.19 -53.01% Mar. 18 nGNX3KmQBQ
Amplify Energy Corp $29.00 $46.00 -$17.00 -36.96% Mar. 19 nGNX9ynDH0
$81,732.94 -33.72%
* As calculated by Reuters
** Parsley said it was reducing its 2020 capital budget to less than $1 billion
^^ Converted to U.S. dollars from Canadian dollars
(Reporting by Arathy S Nair, Arunima Kumar and Shanti S Nair in Bengaluru; Editing by Maju Samuel/Arun Koyyur/Sherry
Jacob-Phillips/Uttaresh.V/Ramakrishnan M./Sriraj Kalluvila/ Shinjini Ganguli)
- 05/01/2020
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CANADA STOCKS-TSX falls on dismal manufacturing PMI, Trump's China tariff threat
- Canada's main stock index fell on Friday on U.S. President Donald Trump's threat to slap new tariffs on China over the coronavirus crisis, and as data showed Canadian manufacturing activity slumped to a record low in April. Trump said late on Thursday his trade deal with China was now of secondary importance to the pandemic, as his administration crafted retaliatory measures over the outbreak. * At 09:39 a.m. ET (13:39 GMT), the Toronto Stock Exchange's S&P;/TSX composite index was down 181.94 points, or 1.23%, at 14,598.8.
- 05/01/2020
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Baytex Conference Call and Webcast on First Quarter 2020 Results to be Held on May 8, 2020
- CALGARY, Alberta, April 30, 2020 -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 first quarter financial and operating results after the close of markets on.
- 04/30/2020
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Analysts' Top Utilities Picks: Diamondback (FANG), WPX Energy (WPX)
- There's a lot to be optimistic about in the Utilities sector as 3 analysts just weighed in on Diamondback (FANG), WPX Energy (WPX) and Cenovus Energy
- 04/30/2020
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Call block in Baytex Energy is 1600% out of the money BTE
- Call block in Baytex Energy is 1600% out of the money BTE
- 04/29/2020
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Shares of several oil companies are trading higher as oil prices gain after EIA reported a smaller-than-expected crude inventory build. Positive sentiment also potentially being driven by some US states reopening and positive trial data from Gilead's coronavirus treatment candidate.
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Baytex Provides Annual General Meeting Update
- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) will hold its 2020 annual general meeting (the "Meeting") on Thursday, May 7, 2020 at 3:00pm (MDT). The Meeting has been moved from its original location and will now be held at Baytex’s Calgary office located at 2800, 520 – 3rd Ave SW. Due to restrictions on gatherings implemented by the Government of Alberta in response to the COVID-19 (Coronavirus) outbreak, guidelines issued with respect to social distancing and out of concern for the wellbeing of all participants, we strongly recommend that shareholders not attend the meeting in-person.
- 04/27/2020
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CANADA STOCKS-TSX rises on global stimulus measures, lockdown easing
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Analysts Have Conflicting Sentiments on These Utilities Companies: Advantage Oil & Gas (OtherAAVVF), Canadian Natural (CNQ) and Conocophillips (COP)
- Companies in the Utilities sector have received a lot of coverage today as analysts weigh in on Advantage Oil & Gas (AAVVF), Canadian Natural (CNQ)
- 04/22/2020
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20 Energy Stocks Moving In Tuesday's Pre-Market Session
- Gainers
• Extraction Oil & Gas, Inc. (NASDAQ:XOG) stock moved upwards by 16.70% to $0.32 during Tuesday's pre-market session. The most recent rating by Imperial...
- 04/21/2020
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With Crude’s ‘Bloodbath,’ Energy Stocks Also Head South
- (Bloomberg) -- Energy stocks slumped Monday after oil suffered its biggest one-day price plunge in the modern era, at one point crashing about 40% to below $11 a barrel as traders contended with an historic glut.The S&P 500 energy index fell as much as 6.3% intraday, with stocks including Occidental
- 04/20/2020
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FACTBOX-North American oil producers slash budgets by about 32%, or $40 bln amid crude price rout
- North American oil and gas producers have cut their 2020 budgets by more than 32%, or nearly $40 billion, data compiled by
Reuters showed, following a slump in crude prices.
Since Saudi Arabia and Russia launched an oil price war on March 9, U.S. crude has more than halved to less than $20 per barrel while Brent
crude has fallen more than 39% to around $27 a barrel. The world is also witnessing one of its biggest demand shocks, as global travel curbs to
prevent the spread of coronavirus have reduced oil consumption by millions of barrels per day.
Exxon Mobil last week cut its spending by 30%, joining a long list of companies including Chevron Corp, Conocophillips,
Occidental Petroleum Corp, as well as Canadian Natural Resources Ltd and Suncor Energy Inc.
A list of companies that have cut their 2020 budgets since March 9:
% change Date of
revision
Exxon Mobil Corp $23,000.00 $33,000.00 -$10,000.00 -30.30% April. 7 nBw94GzpVa
Chevron Corp $16,000.00 $20,000.00 -$4,000.00 -20.00% Mar. 24 nL1N2BH0MD
Occidental Petroleum Corp $2,800.00 $5,300.00 -$2,500.00 -47.17% Mar. 25 nPn9F23Pya
ConocoPhillips* $4,300.00 $6,600.00 -$2,300.00 -34.85% April 16 nBw66rsC7a
EOG Resources Inc $4,500.00 $6,500.00 -$2,000.00 -30.77% Mar. 16 nPn6bCnd5a
Pioneer Natural Resources Co $1,800.00 $3,300.00 -$1,500.00 -45.45% Mar. 16 nBw1dKbZZa
Continental Resources Inc $1,200.00 $2,650.00 -$1,450.00 -54.72% Mar. 19 nL4N2BC3NH
Diamondback Energy Inc $1,700.00 $2,900.00 -$1,200.00 -41.38% Mar. 19 nGNXyWXc8
Marathon Oil Corp $1,300.00 $2,400.00 -$1,100.00 -45.83% April 1 nL4N2BW2YY
Suncor Energy Inc^^ $2,920.00 $3,960.00 -$1,040.00 -26.26% Mar. 23 nGNX14k4Lj
Noble Energy Inc $850.00 $1,700.00 -$850.00 -50.00% April 15 nBw8gyMvRa
Hess Corp $2,200.00 $3,000.00 -$800.00 -26.67% Mar. 17 nL4N2BA3QS
Devon Energy Corp $1,000.00 $1,800.00 -$800.00 -44.44% Mar. 30 nGNXc9XSSP
Canadian Natural Resources Ltd^^ $2,050.00 $2,800.00 -$750.00 -26.79% Mar. 18 nL4N2BB5BU
Cimarex Energy Co $552.50 $1,300.00 -$747.50 -57.50% Mar. 17 nPnn4Q0Ca
Concho Resources Inc $2,000.00 $2,700.00 -$700.00 -25.93% Mar. 17 nL4N2BA3CT
Parsley Energy Inc* ** $1,000.00 $1,700.00 -$700.00 -41.18% Mar. 18 nPn1XqmSZa
Murphy Oil Corp $780.00 $1,450.00 -$670.00 -46.21% April. 1 nBw4C72cFa
Husky Energy Inc^^ $1,740.00 $2,390.00 -$650.00 -27.20% Mar. 12 nL4N2B55OP
Apache Corp $1,100.00 $1,750.00 -$650.00 -37.14% Mar. 12 nL4N2B53RC
Cenovus Energy Inc^^ $567.05 $1,020.00 -$452.95 -44.41% April. 2 nGNX8pN9gk
WPX Energy Inc $1,337.50 $1,737.50 -$400.00 -23.02% Mar. 18 nPn1XqmSZa
Imperial Oil Ltd^^ $807.53 $1,160.00 -$352.47 -30.39% Mar. 31 nBw8xlKxNa
Centennial Resource Development Inc* $320.00 $640.00 -$320.00 -50.00% Mar. 19 nGNXQPbXR
Crescent Point Inc^^ $539.61 $827.40 -$287.79 -34.78% Mar. 16 nL4N2B94CQ
Callon Petrlouem Co $712.50 $975.00 -$262.50 -26.92% Mar. 17 nL4N2BA3QS
PDC Energy Inc $814.00 $1,050.00 -$236.00 -22.48% Mar. 11 nGNX3pD7t8
Frontera Energy Corp* $140.00 $350.00 -$210.00 -60.00% Mar. 23 nPn8xz2z4a
Whiting Petroleum Corp $417.50 $602.50 -$185.00 -30.71% Mar. 16 nBw5n2PcLa
Baytex Energy Corp^^ $190.15 $371.61 -$181.46 -48.83% Mar. 19 nGNX9CYGt7
Laredo Petroleum Inc $290.00 $450.00 -$160.00 -35.56% Mar. 23 nGNXbJqBfk
Arc Resources Ltd^^ $217.00 $361.00 -$144.00 -39.89% Mar. 13 nCNW686g1a
Seven Generation Energy Ltd $635.00 $776.00 -$141.00 -18.17% Mar. 10 nBw8plrg9a
Talos Energy Inc* $392.50 $533.00 -$140.50 -26.36% Mar. 11 nPrehLbJta
Gran Tierra Energy Inc $70.00 $210.00 -$140.00 -66.67% Mar. 12 nGNX59bXW6
Kosmos Energy Ltd $212.50 $350.00 -$137.50 -39.3% April 8 nBw31s7tHa
Bonanza Creek Energy Inc $90.00 $225.00 -$135.00 -60.00% Mar. 12 nGNX4qJdvs
Paramount Resources Ltd^^ $150.39 $276.59 -$126.20 -45.63% Mar. 19 nCNWn8Dbwa
Parex Resources Inc $105.00 $225.00 -$120.00 -53.33% April. 2 nGNX1JPxqH
GeoPark Ltd $75.00 $190.00 -$115.00 -60.53% Mar. 19 nBw3KWn9ja
Whitecap Resources Inc^^ $141.73 $248.89 -$107.16 -43.06% Mar. 17 nCNW08xW3a
Range Resources Corp $430.00 $520.00 -$90.00 -17.31% Mar. 31 nGNX70m75k
Jadestone Energy Inc* $87.50 $175.00 -$87.50 -50.00% Mar. 20 nRSS7616Ga
Denbury Resources Inc $100.00 $180.00 -$80.00 -44.44% Mar. 31 nGNX7FPFR7
EQT Corp $1,125.00 $1,200.00 -$75.00 -6.25% Mar.16 nL4N2B94CQ
Pipestone Energy Ltd^^ $43.00 $108.00 -$65.00 -60.19% Mar. 12 nGNX2pXtrB
Kelt Exploration Ltd^^ $99.00 $154.00 -$55.00 -35.71% Mar. 18 nNFCzhpXk
W&T Offshore Inc $20.00 $75.00 -$55.00 -73.33% Mar. 17 nGNX30SgBM
Birchcliff Energy Ltd^^ $207.00 $254.00 -$47.00 -18.50% Mar. 11 nGNX1h7dc3
Montage Resources Corp $155.00 $200.00 -$45.00 -22.50% Mar. 25 nBw8ZD9Hda
Meg Energy Corp^^ $145.00 $182.00 -$37.00 -20.33% Mar. 10 nCNWRBFGYa
Peyto Exploration & Development Corp^^ $158.91 $194.22 -$35.31 -18.18% April 15 nGNXc5DKqX
PetroShale Inc^^ $18.28 $49.22 -$30.94 -62.86% Mar. 26 nCNWZ64pfa
TransGlobe Energy Corp* $7.10 $37.10 -$30.00 -80.86% Mar. 12 nGNX2SJ1mC
Athabasca Oil Corp ^^ $60.25 $87.00 -$26.75 -30.75% Mar. 20 nGNX3VfJHm
Gear Energy Ltd^^ $9.00 $34.58 -$25.58 -73.97% Mar. 11 nCNW79pnla
Cardinal Energy Ltd^^ $21.44 $45.63 -$24.19 -53.01% Mar. 18 nGNX3KmQBQ
Amplify Energy Corp $29.00 $46.00 -$17.00 -36.96% Mar.
- 04/16/2020
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Canadian banks ease credit rules for energy companies to stave off defaults, bankruptcies
- Canadian banks are beginning to relax lending standards for energy firms struggling to operate with oil prices at half the level needed to cover costs, seeking to keep them afloat until the industry recovers from its deepest slump ever. Banks are extending credit and waiving covenants for some energy companies to avoid forcing defaults and bankruptcies that leave the lenders holding assets, in contrast to some U.S. counterparts preparing to seize oil and gas fields. A 2019 Canadian Supreme Court ruling requiring bankrupt oil companies to prioritize clean-up of inactive wells over paying creditors is also an incentive, analysts said.
- 04/16/2020
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CANADA STOCKS-TSX climbs on upbeat China data, signs of easing lockdowns
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TSX falls as coronavirus worries persist; oil stocks rise
- Canada’s main stock index reversed early gains to trade lower on Monday on persisting worries over the economic damage from coronavirus pandemic, although gains in energy stocks after major o…
- 04/13/2020
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Shares of several energy companies are trading higher amid anticipated progress on Saudi-Russian supply cut talks. UPDATE: Sector is now mixed.
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OPEC+ Rejoice: U.S. Production Cuts On The Way
- Late in 2019, OPEC+ predicted shale would grow by 4 mmbpd by 2025, further eating into its market share. The combination of recent market share threats and COVI
- 04/04/2020
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CANADA STOCKS-TSX turns negative as recession fears outweigh energy boost
- Canada's main stock index gave up early gains to trade lower on Friday, as fears of a deep recession fueled by the coronavirus pandemic overshadowed gains in energy stocks boosted by higher oil prices. * Canada faces "a critical week" in fighting the coronavirus, a senior official said, as the death toll surged to 161 from 105 on Wednesday, while positive cases rose to 11,131 from 9,017. * At 9:51 a.m. ET (1351 GMT), the Toronto Stock Exchange's S&P;/TSX composite index was down 40.98 points, or 0.31%, at 13,056.86.
- 04/03/2020
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Analysts' Top Materials Picks: Propetro Holding (PUMP), Canadian Natural (CNQ)
- There's a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Propetro Holding (PUMP) and Canadian Natural (CNQ) with
- 04/02/2020
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Winners Rise Amid the Losers in Canada’s $750 Billion Stock Rout
- (Bloomberg) — The confluence of the coronavirus outbreak and a global oil price war roiled Canada’s stocks this quarter, wiping out about $750 billion in value. But while the financial …
- 03/31/2020
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Winners Rise Amid the Losers in Canada’s $750 Billion Stock Rout
- (Bloomberg) -- The confluence of the coronavirus outbreak and a global oil price war roiled Canada’s stocks this quarter, wiping out about $750 billion in value. But while the financial devastation was widespread, some corners of the market stayed afloat.The S&P/TSX Composite has plunged about 21% this
- 03/31/2020
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Time To Worry? Analysts Are Downgrading Their Baytex Energy Corp. (TSE:BTE) Outlook
- The latest analyst coverage could presage a bad day for Baytex Energy Corp. (TSE:BTE), with the analysts making...
- 03/31/2020
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BAYTEX RECEIVES NYSE LISTING NOTIFICATION
- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced that it received notification on March 24, 2020 from the New York Stock Exchange (“NYSE”) that Baytex is no longer in compliance with one of the NYSE’s continued listing standards because the average closing price of Baytex’s common shares was less than US$1.00 per share over a consecutive 30 trading period. The issuance of the notification is not discretionary and is sent automatically when a listed company’s share price falls below the NYSE’s minimum price listing standard. Under the NYSE’s rules, Baytex can avoid delisting if, within six months from the date of the NYSE notification, its common shares have a closing price on the last trading day of any calendar month and a concurrent 30 trading day average closing price of at least US$1.00 per share.
- 03/25/2020
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Baytex Energy Reports Receives Notifcation From NYSE Co. Is No Longer In Compliance With $1/Share Closing Price Requirement
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Oil And The Global Game Of Chicken
- We extend our coronavirus focused roundtables to look at specific sectors. We start with the energy sector, which has been hit by the one-two punch of coronavir
- 03/23/2020
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Baytex Energy Corp. -- Moody's Downgrades Baytex's CFR to B2, outlook to negative
- Moody's Investors Service (Moody's) downgraded Baytex Energy Corp.'s (Baytex) Corporate Family Rating (CFR) to B2 from B1, Probability of Default Rating (PDR) to B2-PD from B1-PD, senior unsecured rating to B3 from B2 and Speculative Grade Liquidity (SGL) Rating to SGL-3 from SGL-2. The outlook was changed to negative from stable.
- 03/20/2020
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Baytex Energy downgraded to Hold from Buy at Stifel BTE
- Baytex Energy downgraded to Hold from Buy at Stifel Stifel BTE
- 03/19/2020
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BAYTEX ANNOUNCES REVISED 2020 CAPITAL PROGRAM
- In addition, we are proactively shutting-in low or negative margin heavy oil production in order to optimize the value of the resource base and maximize our adjusted funds flow. As a result, we expect to forgo drilling 43 net heavy oil wells and 151 net light oil wells over the balance of this year. In addition, we expect a moderated pace of development in the Eagle Ford with 16 to 18 net wells brought on production (previously 22 net wells).
- 03/18/2020
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BAYTEX ANNOUNCES REVISED —…—… CAPITAL PROGRAM
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CANADA STOCKS-TSX futures track fall in U.S. crude after rate cuts fail to support markets
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Stocks That Hit 52-Week Lows On Thursday
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Stocks That Hit 52-Week Lows On Wednesday
- During Wednesday's morning session, 690 stocks hit new 52-week lows.
Intriguing Points:
Boeing (NYSE: BA) was the biggest company on a market cap basis to set a new...
- 03/11/2020
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12 Energy Stocks Moving In Tuesday's Pre-Market Session
- Gainers
• Ovintiv, Inc. (NYSE:OVV) stock rose 64.86% to $3.66 during Tuesday's pre-market session.
• Callon Petroleum, Inc. (NYSE:CPE) stock moved upwards by 55.31%...
- 03/10/2020
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Baytex Energy Files 2019 Year-End Disclosure Documents
- CALGARY, Alberta, March 09, 2020 -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announces the filing of its Annual Information Form for the year ended December 31, 2019.
- 03/09/2020
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Energy Complex Deflation Was All in the Charts
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Stocks That Hit 52-Week Lows On Friday
- Friday morning, 940 companies set new 52-week lows.
Interesting Points:
The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC).
The...
- 03/06/2020
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Shares of several oil companies are trading lower after OPEC and its allies failed to agree on production cuts amid Russian opposition. The production cuts have been proposed in order to sustain oil prices amid the coronavirus outbreak.
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Baytex Announces Fourth Quarter and Full Year 2019 Financial and Operating Results and Board Appointment
- CALGARY, Alberta, March 04, 2020 -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months and year ended December 31,.
- 03/04/2020
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Earnings Scheduled For March 4, 2020
- Companies Reporting Before The Bell American Eagle Outfitters, Inc. (NYSE: AEO ) is expected to report quarterly earnings at $0.36 per share on revenue of $1.27 billion. Dollar Tree, Inc. (NASDAQ: DLTR ) is projected to report quarterly earnings at $1.75 per share on revenue of $6.39 billion. Owens & Minor, Inc (NYSE: OMI ) is estimated to report quarterly earnings at $0.23 per share on revenue of $2.48 billion. Campbell Soup Company (NYSE: CPB ) is expected to report quarterly earnings at $0.66 per share on revenue of $2.15 billion. Abercrombie & Fitch Co. (NYSE: ANF ) is estimated to report quarterly earnings at $1.24 per share on revenue of $1.17 billion. Navistar International Corporation (NYSE: NAV ) is projected to report quarterly loss at $0.19 per share. CECO Environmental Corp. (NASDAQ: CECE ) is expected to report quarterly earnings at $0.14 per share on revenue of $89.72 million. John Wiley & Sons, Inc. (NYSE: JW-A ) is estimated to report quarterly earnings at $0.51 per share on revenue of $461.10 million.
- 03/04/2020
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Shares of several oil companies are trading higher amid expectations of production cuts by major producers to sustain prices. Additionally, US Super Tuesday results showed Joe Biden becoming the Democratic frontrunner. Biden's policies have been seen as more favorable for economic growth and less harmful to the energy sector.
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Stocks That Hit 52-Week Lows On Friday
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Stocks That Hit 52-Week Lows On Thursday
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Baytex Conference Call and Webcast on Fourth Quarter and Year-End 2019 Results to be Held on March 4, 2020
- CALGARY, Alberta, Feb. 26, 2020 -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2019 fourth quarter and year-end financial and operating results prior to the opening.
- 02/26/2020
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Stocks That Hit 52-Week Lows On Wednesday
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Shares of several oil and gas stocks are trading lower after the price of crude oil fell ~4% due to demand concerns related to the spread of Coronavirus.
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Hearing Aids Market —…—… | Growth, Industry Analysis, Share, Research Report, Trends, ...
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8 Energy Stocks Moving In Wednesday's Pre-Market Session
- Gainers
Unit, Inc. (NYSE: UNT) stock moved upwards by 5.7% to $0.37 during Wednesday's pre-market session. According to the most recent rating by Raymond James, on...
- 02/19/2020
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12 Energy Stocks Moving In Friday's Pre-Market Session
- Gainers
FTS International, Inc. (NYSE: FTSI) stock increased by 8.2% to $1.19 during Friday's pre-market session. The most recent rating by Stifel Nicolaus, on...
- 02/14/2020
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Baytex Announces Closing of US$500 Million Private Placement Offering of Senior Notes
- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced today the closing of its private placement offering (the “Offering”) of US$500 million aggregate principal amount of senior unsecured notes due 2027 (the "Notes"). Baytex intends to use the net proceeds from the Offering and its existing unutilized credit facilities to redeem US$400 million aggregate principal amount of its outstanding 5.125% notes due June 1, 2021 (the “2021 Notes”) and $300 million aggregate principal amount of its outstanding 6.625% debentures due July 19, 2022 (the “2022 Debentures”). Pursuant to the terms of the indenture governing the 2021 Notes, Baytex has issued a notice of redemption to redeem all of the outstanding 2021 Notes.
- 02/05/2020
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Baytex Announces Closing of US$5…… Million Private Placement Offering of Senior Notes
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Outlook for Oil & Gas Canadian E&P Industry Remains Bright
- Outlook for Oil & Gas Canadian E&P; Industry Remains Bright
- 01/31/2020
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Outlook for Oil & Gas Canadian E&P Industry Remains Bright
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Davis-Rea Ltd. Buys The Home Depot Inc, UnitedHealth Group Inc, Bank of America Corp, Sells ...
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Baytex to Present at CIBC's Western Institutional Investor Conference
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69 Energy Stocks Moving In Thursday's Session
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Gainers
• Rosehill Resources, Inc. (NASDAQ:ROSE) stock surged 7.4% to $1.31 during Thursday's regular session.
• Kinder Morgan, Inc. (NYSE:KMI) shares rose 3....
- 01/23/2020
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Baytex Announces Pricing Of $500 Million Private Placement Offering Of Senior Notes
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Baytex Announces Pricing of US$5…… Million Private Placement Offering of Senior Notes
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Baytex Announces Proposed US$5…… Million Private Placement Offering of Senior Notes
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Baytex Energy Announces FY 2019 Free Cash Flow of $329M; 17% Reduction in Net Debt
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Bid to block Trans Mountain project tossed by Canada's top court
- Canada's Supreme Court dismisses British Columbia's attempt to regulate what can be transported via the Trans Mountain pipeline project crossing its territory.The B.C. provincial government wanted the
- 01/16/2020
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Shares of oil companies are trading lower amid the de-escalation of US-Iran tensions as well as a build in US crude inventories reported on Wednesday.
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Shares of several oil & gas companies are trading lower after EIA crude inventories for January 3rd showed a 1.164 million barrel build vs a 3.572 million barrel draw estimate. Companies continued to trade lower after President Trump gave a press conference which eased investors concern over escalation in the Middle East.
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Shares of several oil and gas companies are trading higher after China announced it will lower import tariffs on several US products. This has offset concerns of Russia easing output cuts.
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Baytex (BTE) Moves to Buy: Rationale Behind the Upgrade
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Baytex (BTE) Chalks Out 2020 CapEx & Production Budget Plan
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Baytex Energy's Debt Wall Is Approaching Fast
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Baytex Energy OKs 2020 capital budget, names Bly as new Chairman
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Shares of oil companies are trading higher following a larger-than-expected draw in US crude inventories as well as positive US-China trade reports and anticipation of further OPEC production cuts this year.
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Stocks That Hit 52-Week Lows On Tuesday
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Alberta to maintain oil output levels in wake of rail strike
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Shares of oil & gas companies are trading higher on reports indicating OPEC+ is likely to extend its existing oil supply cuts until June. Wednesday EIA data also showed a smaller-than-expected build in crude inventories, alleviating demand concerns.
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Alberta exempts new wells from oil curbs in latest bid to spark drilling
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13 Energy Stocks Moving In Monday's Pre-Market Session
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Baytex Energy shares are trading higher after the company reported better-than-expected Q3 EPS results.
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Ain't No Stopping Marathon Oil Now
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Alberta likely nears crude-by-rail deal, sending Canadian heavy oil lower
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Capital Gains - It's Time For Miners And Oilers
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Alberta government trims oil curtailment limits
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Baytex Energy relieves COO of duties in management streamline
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Baytex Announces Board and Management Changes
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Outlook for Oil & Gas Canadian E&P Industry Remains Favorable
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Shares of several oil & gas companies are trading lower after Saudi Arabia announced it is close to restoring 70% of the 5.7 million BPD of oil output loss and will be back at normal levels in a matter of weeks. NOTE: The return of output to normal levels was initially expected to take up to months.
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Shares of several oil & gas companies are trading higher on heightened tensions following an attack on a Saudi Arabian oil field. NOTE: The strike on the oil field has disrupted about half of Saudi Arabia's oil production equivalent to 5% of the daily global oil supply.
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Shares of several oil and gas companies are trading lower after as a potential push-back after the sector trading higher for the last three consecutive sessions on news that OPEC and other countries would agree to extend oil output cuts to support prices. NOTE: Saudi Arabia wants to boost oil prices for the upcoming Aramco IPO in an effort to balance its budget and pull off a $2 trillion valuation.
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Baytex Energy Expects Q3 Production at the Top End of its Previously Announced Range
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Shares of several oil & gas companies are trading higher after the EIA reported a crude inventory draw of 4.771 million compared to the 2.488 million draw estimate. A larger-than-expected draw is seen as a sign of oil demand increasing.
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Shares of several oil stocks are trading higher due to strength in the price of oil, which is driven by economic data released in China showing the country's services sector expanded at its fastest pace in 3 months.
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Shares of several oil and gas companies are trading lower as trade concerns continue to escalate following a new 15% tariff, which was added by President Trump to $112 billion worth of Chinese goods on Sunday.
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Shares of several oil and gas companies are trading lower as Hurricane Dorian inches closer toward Florida, which could potentially lower demand.
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Shares of several oil & gas companies are trading higher amid easing trade tensions. China's Ministry of Commerce said the country is willing to calmly resolve the trade dispute with the USA and is against any further escalation in tensions.
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Shares of several oil stocks are trading higher due to an oil price increase after some industry data showed a decline in US oil reserves.
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Stocks That Hit 52-Week Lows On Tuesday
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Shares of several oil & gas companies are trading lower as investors fear a slowing global economy.
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Baytex Energy: Low Cost, High Performing East Duvernay Well Results
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Baytex Energy: Better And Cheaper
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Baytex Energy (BTE) Presents At EnerCom Oil & Gas Conference - Slideshow
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Shares of several oil & gas companies are trading lower in sympathy with the overall market as the Treasury yield continued to decline along with ongoing tensions with China. While stocks in the sector are trading lower, crude oil futures are trading higher.
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Shares of several oil & gas companies are trading lower in sympathy with the overall market. Crude oil inventories showed a 2.39 million build, compared to the 3.313 million draw estimate.
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Baytex Energy Q2 EPS $0.14 Up From $(0.25) YoY
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Shares of several oil and gas companies are trading higher following large US crude inventory draws.
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Shares of several oil and gas companies are trading higher in anticipation of a potential Federal Reserve rate cut tomorrow.
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Alberta again eases oil output curtailments
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Baytex Conference Call and Webcast on Second Quarter —…–9 Results to be Held on August ...
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DORCHESTER WEALTH MANAGEMENT Co Buys TC Energy Corp, CGI Inc, Newmont Goldcorp Corp, Sells TC ...
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Credit Suisse Initiates Coverage On Baytex Energy with Outperform Rating, Announces $3.5 Price Target
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Shares of several oil companies are trading higher as oil prices rise after API and EIA data showed a larger-than-expected crude draw for the week ended July 5.
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Time For California Resources Stock To Taxi For Takeoff
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Shares of several Oil and Gas companies are trading lower as concerns that the global economy could be slowing outweigh news of an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.
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Shares of several oil companies are trading higher as oil prices rally after the US and China agreed to restart trade negotiations. Additionally, OPEC said it would extend output cuts into 2020, which is longer than previously expected.
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Alberta oil output curtailment eased by 25K bbl/day
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Shares of several oil companies are trading higher as crude futures rise. Tuesday data showed a larger-than-expected drop in crude stockpiles while growing Middle East tensions have caused continued supply concerns.
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Trans Mountain expansion project OK'd by Trudeau government
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Shares of several oil and gas companies are trading higher after reports of two oil tankers being attacked in the Gulf of Oman, causing fear of the Gulf being shut down, which would cause an oil shortage.
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Shares of several oil and gas companies are trading lower after EIA reported a large build in US crude oil inventories.
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Shares of several oil and gas companies are trading higher amid eased trade tensions after China's Commerce Ministry stated they are open to dialogue to resolve trade tensions. Mexican officials also said they could find common ground with the US.
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Alberta maintains oil production limits for July
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Shares of several oil and gas companies are trading lower after oil prices fell following a report from the USA EIA showing smaller-than-expected crude oil and gas inventory draws.
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Shares of several companies in the oil sector are trading lower as US-China trade tensions raise concerns of economic slowdown, offsetting the positive effects of tight supply.
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Operating Leverage Is At Its Best With Baytex Energy
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Cenovus Energy Cash Flow Will Jump Again
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Western Canadian oil inventories hit record high; curtailments fail to cut glut
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Baytex Energy: Attractive Risk/Reward Ratio
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Baytex Energy shares are trading higher after the company reported better-than-expected Q1 EPS results.
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Baytex Energy Q1 EPS $0.02 Beats $(0.11) Estimate
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Baytex Conference Call and Webcast on First Quarter —…–9 Results to be Held on May ', ...
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Gear Energy Diversifies Into Lighter Oil Production So Cash Flow Becomes Less Volatile
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MEG Energy Is Running On Fumes
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Husky Energy Has A Lot Of Future Options
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