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Canada’s Baytex Energy Weighs $3 Billion Exit of US Operations
MINT· 2025-10-09 16:16
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 ...
X @Bloomberg
Bloomberg· 2025-07-17 16:56
The world’s biggest oilfield-service companies are expected to post the steepest profit declines in roughly four years as shale drilling slows https://t.co/Orc75d04jR ...