Baytex Energy (BTE) Misses Q3 EPS by 5c

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Baytex Reports Q3 2016 Results

November 2, 2016 7:31 AM EDT

CALGARY, ALBERTA -- (Marketwired) -- 11/02/16 -- Baytex Energy Corp. ("Baytex") (TSX: BTE)(NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2016 (all amounts are in Canadian dollars unless otherwise noted).

"We are increasing our full year 2016 production guidance by 2% on the back of our strong third quarter operating results and planned activity levels through year-end. For the second consecutive quarter our funds from operations exceeded capital expenditures resulting in a reduction in net debt. Production in Canada increased 6% over the... More