Baytex Energy (NYSE: BTE) reported Q3 EPS of $0.07, $0.18 better than the analyst estimate of ($0.11).

“Our strategic combination has repositioned Baytex as a North American crude oil producer with strong free cash flow and an improved balance sheet. We have completed the integration while delivering excellent drilling results, particularly the oil flow rates from our two new wells in the Pembina region of our Duvernay light oil play. We are also benefiting from strong oil price diversification, which includes light oil production in the Eagle Ford and high netback Viking light oil production in Canada. As we plan for 2019, our top priority will be disciplined capital allocation to drive meaningful free cash flow,” commented Ed LaFehr, President and Chief Executive Officer.

For earnings history and earnings-related data on Baytex Energy (BTE) click here.