Latest news with #BTE
Globe and Mail
10 hours ago
- Business
- Globe and Mail
Baytex Announces Quarterly Dividend for October 2025
Calgary, Alberta--(Newsfile Corp. - July 31, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on October 1, 2025 for shareholders of record on September 15, 2025. The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes. Baytex Energy Corp. Baytex Energy Corp. is an energy company with headquarters based in Calgary, Alberta and offices in Houston, Texas. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex's common shares trade on the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE.
Washington Post
10 hours ago
- Business
- Washington Post
Baytex: Q2 Earnings Snapshot
CALGARY, Alberta — CALGARY, Alberta — Baytex Energy Corp. (BTE) on Thursday reported second-quarter profit of $109.5 million. The Calgary, Alberta-based company said it had net income of 14 cents per share. Earnings, adjusted for non-recurring gains, were 3 cents per share. The oil and natural gas company posted revenue of $640.8 million in the period. In the final minutes of trading on Thursday, the company's shares hit $2.13. A year ago, they were trading at $3.70. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on BTE at
The Hindu
07-07-2025
- General
- The Hindu
MP distributes aids, assistive devices in Mysuru
MP for Mysuru Yaduveer Krishnadatta Chamaraja Wadiyar on Monday distributed aids and assistive devices to the differently-abled beneficiaries at a camp in Mysuru on Monday. A large number of beneficiaries received the benefits during the 'Samajik Adhikarita Shivir', organised for the Divyangjans under the Assistance to Persons with Disabilities for Purchase/Fitting of Aids /Appliances(ADIP) scheme. Under the title 'Empowering the Divyangjan through aids and assistive devices', the differently-abled persons received the benefits from Mr. Yaduveer. As many as 638 male beneficiaries and 138 female beneficiaries received the aids and devices, which include tricycles, motorised tricycles, wheel chairs, elbow crutches, axilla crutches, CP wheel chair, walking sticks, Braille cane, Braille kit, BTE hearing aids and others, a note said.
Yahoo
06-07-2025
- Business
- Yahoo
Baytex Energy Extends $1.1B Revolving Credit Facilities to June 2029
Baytex Energy Corp. (NYSE:BTE) is one of the cheap penny stocks to buy now. On June 27, Baytex Energy announced that it had received strong support from its lending syndicate for the extension of its bank credit facilities. The company's $1.1 billion revolving credit facilities have been extended by one year from the earlier anticipated May 2028 to June 2029. Additionally, the revolving credit facilities are not borrowing base facilities, and, therefore, do not require annual or semi-annual reviews. An oil platform in the sea, illuminated by a sunset, showing the companies power. This provides Baytex with flexible and stable financial management. Baytex is headquartered in Calgary, Alberta, but its main operating areas are within the Western Canadian Sedimentary Basin and the Eagle Ford in the US. Baytex Energy Corp. (NYSE:BTE) is an energy company that acquires, develops, and produces crude oil & natural gas. While we acknowledge the potential of BTE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Why Did Baytex Energy (BTE) Stock Fall This Week?
The share price of Baytex Energy Corp. (NYSE:BTE) fell by 15.46% between May 13 and May 20, 2025, putting it among the . Let's shed some light on the development. An oil platform in the sea, illuminated by a sunset, showing the companies power. Baytex Energy Corp. (NYSE:BTE) is engaged in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Baytex Energy Corp. (NYSE:BTE) reported mixed results for its Q1 2025 earlier this month, with its $0.07 falling below estimates by $0.02. However, the company's revenue of $723.37 million managed to top expectations by almost $77 million. Baytex witnessed a 2% YoY increase in production per basic share during the quarter and generated $53 million in free cash, with $30 million returned to shareholders in the form of dividends and buybacks. The share price of Baytex Energy Corp. (NYSE:BTE) surged last week after the global crude oil prices gained following a trade truce between the U.S. and China. However, the stock has fallen since then, probably due to investors taking their profits and also the slight decline in crude oil price. While we acknowledge the potential of BTE to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BTE but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 10 Cheap Energy Stocks to Buy Now and 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds Disclosure: None. Sign in to access your portfolio
