Baytex Energy (BTE) Reports Q3 FFO of Cdn$0.38

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Baytex Announces Third Quarter 2019 Financial and Operating Results

November 1, 2019 6:30 AM EDT

CALGARY, Alberta, Nov. 01, 2019 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and nine months ended September 30, 2019 (all amounts are in Canadian dollars unless otherwise noted).

Strong operating performance has continued across our asset base during the third quarter. We continue to drive cost and capital efficiencies, stable production and substantial free cash flow. Given our year-to-date results, we expect to exceed our 2019 full-year annual production guidance of 97,000 boe/d with exploration and development capital expenditures of approximately $560 million. 2019... More