Baytex Energy Corp (BTE): BRIEF-Baytex Announces Second Quarter 20...

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John-Knee

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Wednesday, 07/29/2020 5:51:59 PM

Wednesday, July 29, 2020 5:51:59 PM

BRIEF-Baytex Announces Second Quarter 2020 Financial And Operating Results
2020-07-29 05:42:19 PM ET (Reuters)

July 29 (Reuters) - Baytex Energy Corp:

* BAYTEX ANNOUNCES SECOND QUARTER 2020 FINANCIAL AND OPERATING RESULTS

* QTRLY GENERATED PRODUCTION OF 72,508 BOE/D (81% OIL AND NGL)

* CONTINUE TO FORECAST ANNUAL CAPITAL SPENDING OF $260 TO $290 MILLION FOR 2020

* SUSPENDED DRILLING OPERATIONS IN CANADA AND MODERATED PACE OF ACTIVITY IN EAGLE FORD

* FOR SECOND HALF OF 2020, CURRENTLY PROJECT ABOUT 5,000 BOE/D OF HEAVY OIL PRODUCTION TO REMAIN SHUT-IN

* QTRLY LOSS PER SHARE $0.25

* Q2 EARNINGS PER SHARE VIEW C$-0.17 -- REFINITIV IBES DATA Source text for Eikon: Further company coverage:

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