Baytex Energy Corp., a Canada-based oil and gas producer, is weighing an exit of its operations in the Eagle Ford shale of south Texas to refocus on its domestic assets, according to people familiar with the matter. Baytex, which significantly extended its reach into the basin just two years ago via a takeover of Ranger Oil, is working with advisers to solicit interest in the operations, which could fetch as much as $3 billion, the people said, asking not to be identified because the details are private. No ...

Baytex Energy (NYSE:BTE) is evaluating the sale of its operations in the Eagle Ford shale of south Texas. The Canadian oil and gas producer is using advisers to garner interest in the US business, which could get as much as $3 billion ...

Baytex Energy, a Canada-based oil and gas producer, is weighing an exit of its operations in the Eagle Ford shale of south Texas to refocus on its domestic assets https://t.co/ucSVd3qAUA ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Baytex Energy Corp. (NYSE:BTE) is one of the Cheap Energy Stocks to Buy Under $5. On September 30, TD Securities lowered the firm’s price target on Baytex Energy Corp. (NYSE:BTE) from $4.5 to $4, while keeping a Buy rating on the stock. The rating comes after the company topped revenue and EPS estimates for its fiscal second quarter of 2025. Baytex Energy Corp. (NYSE:BTE) posted $608.30 million in revenue, down 25.78% year-over-year but ahead of expectations by 49.06 million. In addition, the EPS of $0.14 ...

Group 1 - The article discusses the analysis of oil and gas companies, specifically mentioning Baytex Energy, focusing on identifying undervalued companies in the sector [1] - The analysis includes a breakdown of essential aspects such as balance sheets, competitive positions, and development prospects of the companies [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the need for patience and experience in navigating this market [2] Group 2 - The article indicates that the author holds a beneficial long position in the shares of Baytex Energy and TNEYF, either through stock ownership or derivatives [3] - It is noted that the article reflects the author's personal opinions and is not influenced by compensation from any company mentioned [3] - The content does not provide investment advice or recommendations, urging investors to conduct their own research [4][5]

Core Insights - Baytex Energy Corp. has transformed into a diversified, oil-weighted exploration and production company with operations in the Western Canadian Sedimentary Basin and the Eagle Ford play in the U.S. following a strategic merger in 2023 [1][2][24] - The company's strategy focuses on higher-margin crude oil production, disciplined capital allocation, and free cash flow generation [1][3][5] Company Profile and Market Role - Baytex Energy Corp. is headquartered in Calgary, Alberta, and is publicly traded on both the Toronto Stock Exchange and the New York Stock Exchange under the ticker BTE [2][4] - The merger with Ranger Oil Corporation in 2023 significantly increased Baytex's exposure to oil-weighted barrels and shifted its portfolio towards higher-margin U.S. crude plays [2][24] Financial Information - Baytex's market capitalization is approximately CA$3.1 billion, reflecting improved oil price environments and investor reappraisal [7][12] - Revenue is variable and linked to oil production and realized prices, with oil-weighted production enhancing topline resilience compared to a heavier gas mix [8][9] - The company has a disciplined capital approach, focusing on free cash flow and debt reduction [6][9] Dividends and Earnings - Baytex's dividend policy is adaptive, reflecting the company's focus on preserving capital during low-price environments while returning value when cash flow allows [10][11] - Earnings per share (EPS) are sensitive to commodity price impacts and one-off accounting items [11][13] Operational Insights - Baytex operates primarily in the upstream segment of the oil and gas industry, focusing on exploration, development, and production with a diversified production profile [15][20] - The company emphasizes operational efficiency, cash-flow-focused investments, and the monetization of non-core assets [3][5][16] - Key operational initiatives include enhanced drilling techniques, well completion optimization, and cost control measures [20][21] History and Leadership - Established in 1993, Baytex has evolved through strategic acquisitions and a focus on portfolio diversification [23][25] - The merger with Ranger Oil in 2023 marked a significant milestone, increasing the company's Eagle Ford presence and shifting its production mix towards higher-value barrels [24][28] Market Position - Baytex is recognized as a mid-cap energy operator, with its dual listing on TSX and NYSE enhancing visibility to investors [32][33] - The company's market position is influenced by asset quality, production mix, and execution on debt reduction and cash-flow targets [32][37]

Group 1 - Baytex Energy Corp. has reported strong early production results from its 2025 Pembina Duvernay development [2] - The company has successfully reduced its drilling and completion costs per lateral foot in the Pembina Duvernay project [2] - Baytex Energy is planning to triple its production capacity in the Pembina Duvernay area [2]

I analyze oil and gas companies like Baytex Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up her ...

Company Overview - Baytex Energy Corp. is an energy company headquartered in Calgary, Alberta, with additional offices in Houston, Texas [2] - The company focuses on the acquisition, development, and production of crude oil and natural gas, primarily in the Western Canadian Sedimentary Basin and the Eagle Ford region in the United States [2] - Baytex's common shares are traded on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE [2] Upcoming Events - Eric Greager, President and CEO of Baytex Energy, will present at EnerCom Denver on August 18, 2025, at 10:55 am MDT [1] - Interested parties can register for the webcast at the provided URL, and a replay will be available on the Baytex website for six months following the presentation [1]