Streetbeat News

BTE

Baytex Energy Corp.

https://www.baytexenergy.com

Industry

Oil & Gas Exploration & Production

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

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Energy stocks are rising due to increased Middle East tensions, with reports of Iran potentially attacking Israel, which could impact the global economy.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:07 pm

Oil and gas company shares are declining due to reports of a potential deal to restart Libyan oil production and exports.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 2:33 pm

Several major stocks are moving lower in Friday's pre-market session. Applied Materials (AMAT) shares fell despite beating Q3 earnings estimates due to lower-than-expected Q4 revenue guidance. Sonida Senior Living (SNDA) shares dipped significantly after pricing its public offering. Other notable declines include Lumen Technologies (LUMN), Baytex Energy (BTE), U-BX Technology (UBXG), Pacific Biosciences (PACB), Amcor (AMCR), and RLX Technology (RLX).

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 12:30 pm

Shares of oil and gas stocks are trading lower despite Middle East tensions, likely due to weak US economic data impacting demand outlook.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:50 pm

Baytex Energy (NYSE:BTE) reported Q2 earnings per share of $0.10, missing the analyst estimate of $0.12. However, the company reported sales of $828.26 million, beating the estimate of $751.50 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 9:29 pm

Baytex has announced that the Toronto Stock Exchange (TSX) has accepted its notice of intention to renew its Normal Course Issuer Bid (NCIB). This renewal allows Baytex to purchase up to 70.112 million common shares from July 2, 2024, to July 1, 2025, or until the NCIB is completed or terminated.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2024 | 9:17 pm

Shares of several oil and gas companies are trading higher due to a rise in crude prices, driven by potential demand and growing tension in the Middle East.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 4:51 pm

Shares of several oil & gas companies are trading lower following an OPEC+ meeting in which members announced they would start phasing out voluntary production cuts in October.

Portfolio Pulse from Benzinga Newsdesk

June 03, 2024 | 6:08 pm

Shares of oil and gas companies are trading higher amid a rise in the price of crude.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 7:11 pm

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