Baytex Energy Q3 Net Income Increases, Revenue Declines

MT Newswires Live

2024/11/01

Baytex Energy (BTE) reported Q3 net income Thursday of 0.23 Canadian dollars ($0.17) per diluted share, up from CA$0.15 a year earlier.

A single analyst polled by Capital IQ expected CA$0.19.

Sales for the quarter ended Sept. 30 were CA$1.02 billion, down from CA$1.11 billion a year earlier.

The company maintained a quarterly dividend of CA$0.0225 per share, payable Jan. 2 to shareholders of record as of Dec. 13.

Price: 2.9400, Change: +0.11, Percent Change: +3.89

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