Baytex Energy (BTE) Reports Q3 Loss of Cdn$0.04/sh

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Go back to Baytex Energy (BTE) Reports Q3 Loss of Cdn$0.04/sh

Baytex Announces Third Quarter 2020 Financial and Operating Results and Board Appointment

November 2, 2020 5:30 PM EST

CALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX: BTE, NYSE: BTE.BC) reports its operating and financial results for the three and nine months ended September 30, 2020 (all amounts are in Canadian dollars unless otherwise noted).

We have made tremendous progress to re-set our business in the face of extremely volatile crude oil markets. Our third quarter results demonstrate the success of our actions as we generated free cash flow of $60 million and increased financial liquidity to $344 million. I am also especially pleased with our response to the Covid pandemic with intensified... More