Baytex Announces Second Quarter 2019 Financial and Operating Results

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Baytex Energy (BTE) Tops Q2 EPS by 25c, Revenues Beat

August 1, 2019 6:44 AM EDT

Baytex Energy (NYSE: BTE) reported Q2 EPS of $0.14, $0.25 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $482 million versus the consensus estimate of $190.51 million.

Generated production of 98,402 boe/d (82% oil and NGL), exceeding the high end of our guidance.Delivered adjusted funds flow of $236 million ($0.42 per basic share), a 7% increase compared to... More