Baytex Energy (BTE) Misses Q4 EPS by 10c
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Baytex Announces Fourth Quarter and Full Year 2019 Financial and Operating Results and Board Appointment
March 4, 2020 6:30 AM ESTCALGARY, Alberta, March 04, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three months and year ended December 31, 2019 (all amounts are in Canadian dollars unless otherwise noted).
2019 was an exceptional year with $1 billion EBITDA, $329 million of free cash flow and a 17% reduction in net debt. During the first quarter of 2020, we enhanced our long-term note maturity schedule and extended the term of our revolving credit facilities to 2024. Our operations continue to perform well with strong capital efficiencies in... More
