Earnings ·
Baytex reports Q3 net income of $160M, declares $0.0225/share dividend for Jan 2027
BTEBaytex Energy Corp.
Baytex Energy Corp. reported third-quarter 2026 net income from continuing operations of $160 million ($0.23 per basic share), driven by higher realized oil prices and production growth to 71,606 boe/d. The company generated adjusted funds flow of $332 million and free cash flow of $139 million. Baytex declared a quarterly cash dividend of $0.0225 per share, payable January 4, 2027, to shareholders of record on December 15, 2026. The Board also announced an increased 2026 capital plan of $665 million and updated three-year growth guidance targeting 8-10% annual production growth. Baytex Energy Corp. is a Canadian oil and natural gas company based in Calgary, Alberta.