Baytex Energy (NYSE: BTE) — Company Overview, News & Financial Data
Baytex Energy focuses on oil and gas acquisition and production, operating primarily in the U.S. and Canada.
BTE Baytex Energy
Company profile
Baytex Energy
Baytex Energy (TSX:BTE), (NYSE:BTE) is a North American company focused on the acquisition, development, and production of oil and gas resources. Its main areas of operation include the Eagle Ford in the United States and the heavy oil assets in Alberta and Saskatchewan, Canada. It aims to balance high-return projects, sustainable growth, and financial strength. The company's objectives revolve around maximizing value for its shareholders through efficient operations, strategic asset development, and maintaining a strong balance sheet to fund its future growth initiatives.
Snapshot
Public USOwnership
1993Year founded
356Employees
Calgary, CanadaHead office
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Global footprint
Operations
All Locations
Calgary, CA
Products and/or services of Baytex Energy
- Eagle Ford Shale operations in Texas, focusing on oil extraction with advanced fracturing technology.
- Peace River Heavy Oil operations in Alberta, using cold production and polymer flooding techniques.
- Lloydminster Heavy Oil projects, employing both traditional and thermal recovery methods.
- Duvernay Shale development in Alberta, exploring and producing light oil and gas.
- Viking Oil operations in Alberta and Saskatchewan, utilizing horizontal drilling to access light oil.
- Montney Formation ventures in British Columbia, targeting both natural gas and liquids-rich zones.
Baytex Energy executive team
- Chad E. LundbergPresident, CEO & Director
- Chad L. KalmakoffExecutive VP & CFO
- Kendall D. ArthurChief Operating Officer
- James R. MacleanSenior VP of Commercial & General Counsel
- Chris M.P. LessowayVP of Finance & Treasurer
Latest news about Baytex Energy
Key financials
Reported results for Baytex Energy , in CAD.
- Market cap
- 3.8B
- Revenue (TTM)
- 1.7B
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.4
- Dividend yield
- 1.7%
- Profit margin
- -42.9%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 1.5B | 226.1M | -603.3M | |
| 1.6B | 356.8M | 236.4M | |
| 2.7B | 643.2M | -233.4M | |
| 2.3B | 944.7M | 848.1M |