BAYTEX ENERGY CORP. (BTE) Form 6-K — May 12, 2026
Baytex Energy Corp. delivered strong first quarter results, with production of 69,478 boe/d, exceeding the high end of its guidance range. The company generated adjusted funds flow of $151.1 million and cash flows from operating activities of $122.2 million. Baytex has raised its 2026 production guidance to 69,000 to 71,000 boe/d, up from 67,000 to 69,000 boe/d, and now targets 7% annual production growth.
Key figures
- Eps Beat
- 0
- Revenue
- 452954
- Guidance
- 2026 production guidance increased to 69,000 to 71,000 boe/d (up from 67,000 to 69,000 boe/d) with a targeted exit production rate of 71,000 to 72,000 boe/d (up from 69,000 to 70,000 boe/d, previously).
- Total Debt
- 93900
- Debt Amount
- 89507
- Total Assets
- 3252692
- Cash Position
- 591151
- Deal Value Usd
- 0
- Interest Rate
- 0
- Maturity Date
- 2032-03-15
- Gross Proceeds
- 0
- Offering Price
- 0
- Shares Offered
- 0
- Shares Outstanding
- 730561
- Free cash flow
- 1705
- Production boe d
- 69478
- Adjusted funds flow
- 151125
- Average royalty rate
- 13.7
- Cad usd exchange rate
- 1.3716
- Production growth boe d
- 11
- Share repurchase amount
- 174300
- Share repurchase shares
- 35100
- Operating netback per boe
- 35.36
- Share repurchase percentage
- 4.6
- Total financial derivatives loss
- 150756
- Depletion and depreciation per boe
- 19.78
- Realized financial derivatives loss
- 29289
- Unrealized financial derivatives loss
- 121467
- Net financing and interest expense per boe
- 0.5
- Total sales net of blending and other expense
- 377033
- Operating netback after financial derivatives per boe
- 30.68
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