Baytex Energy (BTE) Reports Q2 EPS of C$0.03

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Baytex Announces Second Quarter 2020 Financial and Operating Results

July 29, 2020 5:34 PM EDT

CALGARY, Alberta, July 29, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six months ended June 30, 2020 (all amounts are in Canadian dollars unless otherwise noted).

During the second quarter we took decisive steps to adjust our business model in the face of extremely volatile crude oil markets. We are now starting to benefit from the actions we have taken as we generated positive free cash flow during the quarter and maintained approximately $300 million of financial liquidity. We restarted... More