Baytex Energy Corp. (BTE, BTE.UN.T) has agreed to buy about 46 sections of undeveloped oil sands leases in the Cold Lake area of northeast Alberta for C$120 million. Baytex Energy Corp will buy rival Raging River Exploration Inc for C$2.8 billion ($2.13 billion), the Canadian oil and gas producer said on Monday, becoming the latest company to bet big on Canada's vast shale reserves. Oil producers have made a beeline for the Duvernay and Montney formations, known With 83% of its production weighted toward crude oil and natural gas liquids, Baytex Energy (TSX:BTE)(NYSE:BTE) holds land and production assets in some of the most prolific resource plays: the Eagle Ford in Texas, the Peace River oil sands, Viking light oil, East Duvernay shale oil, and Lloydminster heavy oil. This is a great start, but it is not the full picture. Baytex Energy is a mid-tier oil and gas producer that continues to benefit from rising oil prices. Since our first report in July 2017, the share price of Baytex has surged more than 80% while the price of WTI has risen 45% to trade at three-year highs of ~$68.5/bbl. There exists potential for oil prices to go much higher on growing global Baytex Energy Corp (NYSE: BTE) stock research, profile, news, analyst ratings, key statistics, fundamentals, stock price, charts, earnings, guidance and peers on
Central Banks Make Coordinated Move to Enhance Swap Lines. The Federal Reserve, along with central banks in Europe, Japan, the U.K., Canada and Switzerland, announced a coordinated action Friday to beef up dollar liquidity swap line arrangements in another move designed to keep dollar liquidity ample around the world.
(Reuters) - Baytex Energy Corp will buy rival Raging River Exploration Inc for C$2.8 billion ($2.13 billion), the Canadian oil and gas producer said on Monday, becoming the latest company to bet big on Canada's vast shale reserves. Read the latest news and coverage on Baytex Energy Corp.. View images, videos, and more on Baytex Energy Corp. on Financial Post. Baytex Energy Corp is a North American focused oil and gas company based in Calgary, Alberta. Geographically, the group operates in Canada and the United States. The Canadian operating segment includes light oil assets in the Viking and Duvernay, heavy oil assets in Peace River and Lloydminster and conventional oil and natural gas assets in Image: Joey Podlubny/JWN. The seller of the $65-million in Peace River heavy oil lands that Baytex Energy is purchasing is Murphy Oil. That's according to a review of CanOils maps and data that has now been confirmed by the Daily Oil Bulletin.. Baytex announced the deal on Tuesday.
CALGARY, Alberta, Aug. 06, 2019 -- Baytex Energy Corp. (TSX, NYSE: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at EnerCom's The Oil.
Among energy stocks moving on news: (+) Baytex Energy (BTE) has returned to positive ground this afternoon, overcoming a 1% mid-day slump, that followed the Canadian oil and natural gas company reported a Q4 net loss of CAD0.21 per share, halving its CAD0.42 per share net loss during the year-ago period but trailing the Capital IQ consensus "We are interested in stable fiscal regimes with strong resource potential, and that's what we've got in Saskatchewan." - Ed LaFehr, CEO, Baytex Energy Baytex Energy Corp. Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. Baytex 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. News for Baytex Energy Corp. Sunday, February 22, 2015. 07:07 PM ET. Calgary Feels the Chill From Oil Slump The Wall Street Journal Interactive Edition. Thursday, December 11, 2014. 12:53 PM ET. Cenovus Cuts Capital Budget The Wall Street Journal Interactive Edition. Tuesday, December 09, 2014
Get breaking news and analysis on Baytex Energy Corp. (BTE) stock, price quote and chart, trading and investing tools. Oil companies under pressure as crude prices turn sharply lower.
Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. U.S. News compares companies View the latest Baytex Energy Corp. (BTE) stock price, news, historical charts, analyst ratings and financial information from WSJ. Baytex (NYSE:BTE) has a high torque to commodity prices, combining excellent assets in Eagle Ford with a large position in heavy oil in the Western Canadian Sedimentary Basin ("WCSB").Heavily The latest oil & gas news, commodity prices, drilling activity, property listings, and jobs for the oil and gas industry in Alberta and Canada. Baytex Announces Revised 2020 Capital Program March 18, 2020 2:00 PM. Canada unveils major aid package to battle coronavirus outbreak, New Oil and Gas Jobs From BOE Report Jobs March 17, 2020 4 Baytex Energy Corp. is a Calgary-based Canadian producer, developer and explorer of oil and natural gas. Formerly a trust, it converted to a corporation January 2011 because of government changes to tax incentives.
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. Baytex Energy Corp. is
Josef Schachter, president at Schachter Energy Research Services Inc., discusses Baytex Energy. About Baytex Energy Corp Baytex Energy Corporation explores for and produces oil and natural gas. The Company operates in the Western Canadian Sedimentary Basin and in the United States. Canada's Baytex Energy expects to deliver 11,000 b/d, or about 40%, of its heavy oil volumes to market by rail this year, up from 9,000 b/d in 2018, its CEO said Friday. Baytex also has 5,000 b/d of crude by rail so far contracted for next year, CEO Ed La Fehr said during the company's Q1 earnings conference call. Baytex Energy Corp. (Baytex) is a North American focused oil and gas company based in Calgary, Alberta. The Company is engaged in the acquisition, development and production of crude oil and Become a member for free. Sign up. Sign up CALGARY, Alberta (AP) _ Baytex Energy Corp. (BTE) on Wednesday reported a loss of $89.2 million in its fourth quarter. The Calgary, Alberta-based company said it had a loss of 16 cents per share. Earnings, adjusted for asset impairment costs, came to 4 cents per share. The oil and natural gas Baytex Energy Company Profile. Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil.
In this news release, we refer to certain financial measures (such as adjusted funds flow, EBITDA, Baytex Energy Corp. is an oil and gas corporation based in Calgary, Alberta. The company is