TSX:BTEOil and Gas
Will Baytex Energy's (TSX:BTE) Steady Production Target Offset Pressures on Returns and Growth?
Baytex Energy Corp. recently announced third-quarter results, reporting lower revenue of CA$746.42 million and net income of CA$31.97 million compared to the same period last year, while reaffirming its 2025 annual production guidance of approximately 148,000 boe/d.
Despite the declines in production and profitability, the company maintained its quarterly dividend and did not conduct recent share repurchases, reflecting a cautious approach to shareholder returns amid a shifting operating...