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Baytex Energy Corp (BTE.TO)

BTE.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Baytex, Raging River Receive Shareholder And Court Approval For Strategic Combination
Tuesday, 21 Aug 2018 

Aug 21 (Reuters) - Baytex Energy Corp ::BAYTEX AND RAGING RIVER RECEIVE SHAREHOLDER AND COURT APPROVAL FOR STRATEGIC COMBINATION.BAYTEX ENERGY CORP SAYS STRATEGIC COMBINATION BETWEEN CO AND RAGING RIVER EXPLORATION EXPECTED TO CLOSE ON AUGUST 22, 2018.  Full Article

Baytex & Raging River File Joint Circular Seeking Shareholder Approval Of Strategic Combination
Friday, 20 Jul 2018 

July 20 (Reuters) - Baytex Energy Corp ::BAYTEX AND RAGING RIVER FILE JOINT MANAGEMENT INFORMATION CIRCULAR SEEKING SHAREHOLDER APPROVAL OF STRATEGIC COMBINATION.  Full Article

Baytex CEO says Raging River deal puts Eagle Ford dilution on 'back burner'
Monday, 18 Jun 2018 

June 18 (Reuters) - Baytex Energy Corp and Raging River Exploration Inc hold conference call to discuss merger::BAYTEX CEO SAYS RAGING RIVER DEAL PUTS DILUTION OF EAGLE FORD ASSETS ON 'BACK BURNER'.  Full Article

Baytex Energy And Raging River To Merge
Monday, 18 Jun 2018 

June 18 (Reuters) - Baytex Energy Corp ::BAYTEX AND RAGING RIVER TO MERGE AND CREATE A TOP-TIER NORTH AMERICAN OIL PRODUCER WITH EXCEPTIONAL ASSETS AND A STRONG BALANCE SHEET.BAYTEX ENERGY CORP - COMBINED ORGANIZATION WILL HAVE AN ENTERPRISE VALUE OF APPROXIMATELY $5 BILLION AND OPERATE UNDER BAYTEX NAME.BAYTEX ENERGY CORP - COMBINATION WILL HAVE EQUITY VALUE OF $2.8 BILLION.BAYTEX ENERGY CORP - BOARD OF COMBINED CO WILL CONSIST OF SIX MEMBERS OF BAYTEX BOARD AND FOUR MEMBERS OF RAGING RIVER BOARD.BAYTEX ENERGY CORP - BOARD OF CO, BOARD OF RAGING RIVER UNANIMOUSLY APPROVED TRANSACTION.BAYTEX ENERGY CORP - SEES 2019 AVERAGE ANNUAL PRODUCTION OF 100,000 TO 105,000 BOE/D FOR COMBINED COMPANY.BAYTEX ENERGY - EDWARD LAFEHR WILL SERVE AS PRESIDENT AND CEO OF COMBINED CO.BAYTEX ENERGY CORP - FOR COMBINED COMPANY, SEES 2019 EXPLORATION AND DEVELOPMENT CAPITAL PROGRAM OF $750 TO $850 MILLION.BAYTEX ENERGY CORP - FOR COMBINED COMPANY, SEES 2019 ADJUSTED FUNDS FLOW OF APPROXIMATELY $1.0 BILLION.BAYTEX ENERGY - DEAL WILL RESULT IN HOLDERS OF COMMON SHARES OF RAGING RIVER RECEIVING 1.36 COMMON SHARES OF BAYTEX FOR EACH RAGING RIVER SHARE OWNED.BAYTEX ENERGY CORP - BAYTEX AND RAGING RIVER HAVE ENTERED INTO ARRANGEMENT AGREEMENT.BAYTEX ENERGY - TRANSACTION TO RESULT IN HOLDERS OF RAGING RIVER SHARES RECEIVING ABOUT 315 MILLION OF CO'S SHARES FOR OUTSTANDING RAGING RIVER SHARES.  Full Article

Baytex Announces 2018 Budget And Board Succession
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Baytex Energy Corp ::BAYTEX ANNOUNCES 2018 BUDGET AND BOARD SUCCESSION.SAYS ITS BOARD HAS APPROVED A 2018 CAPITAL BUDGET OF $325 TO $375 MILLION.- ‍APPROVED A 2018 CAPITAL BUDGET OF $325 TO $375 MILLION​.- ‍TARGETED EXIT PRODUCTION RATE FOR 2018 OF 72,000-73,000 BOE/D​.BAYTEX ENERGY - ‍APPROVED 2018 CAPITAL BUDGET OF $325 TO $375 MILLION, WHICH IS DESIGNED TO GENERATE AVERAGE ANNUAL PRODUCTION OF 68,000 TO 72,000 BOE/D​.  Full Article

Baytex Energy Q3 FFO per share C$0.33
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Baytex Energy Corp :Baytex reports q3 2017 results and board appointment.Q3 FFO per share c$0.33.Baytex Energy Corp - ‍ produced 69,310 BOE/d (80% oil and ngl) in Q3 and 70,473 BOE/d (79% oil and ngl) for first nine months of 2017​.Baytex Energy Corp - ‍ tightened 2017 production guidance range to 69,500 BOE/d to 70,000 BOE/d despite impact of Hurricane Harvey in Q3​.‍tightened 2017 production guidance range to 69,500 to 70,000 BOE/d​.Baytex Energy Corp - ‍ maintaining our capital budget guidance at $310 million to $330 million​.  Full Article

Baytex Energy says Ed Lafehr to become CEO in May
Monday, 12 Dec 2016 

Baytex Energy Corp : Ed Lafehr, president, will succeed James Bowzer as chief executive officer in May 2017 . In Eagle Ford, we expect to maintain a consistent pace of development on our lands throughout 2017 . Bowzer will remain on board of directors following transition .Approved 2017 capital budget of $300 to $350 million, which is designed to generate average annual production of 66,000 to 70,000 boe/d.  Full Article

CANADA STOCKS-Futures down on decline in oil prices

Nov 6 Futures for Canada's main stock index edged down on Tuesday as energy shares fell on the back of decline in oil prices.