Baytex Energy (BTE) Tops Q1 EPS by 31c

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Baytex Reports Q1 2016 Results

May 3, 2016 7:31 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 05/03/16 -- Baytex Energy Corp. ("Baytex") (TSX: BTE)(NYSE: BTE) reports its operating and financial results for the three months ended March 31, 2016 (all amounts are in Canadian dollars unless otherwise noted).

"We continue to meet the challenges brought on by this low oil price environment head on. During the first quarter, we announced amendments to our bank credit facilities that provide us with increased financial flexibility and we shut-in low or negative margin heavy oil production. To generate the highest netback and... More