Baytex Energy (TSE:BTE) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Baytex Energy Corp. reported strong financial results for the third quarter of 2024, generating $220 million in free cash flow and reducing net debt by 5%. The company returned $101 million to shareholders through share buybacks and dividends, while increasing crude oil production by 2% compared to the previous year. Baytex remains focused on maintaining steady production and delivering significant shareholder returns amid current market conditions.
For further insights into TSE:BTE stock, check out TipRanks’ Stock Analysis page.
