Baytex Energy (TSE:BTE) has released an update.
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Baytex Energy Corp. has unveiled its 2025 budget, focusing on a disciplined capital allocation strategy to sustain crude oil production amidst current market conditions. The company plans to invest $1.2 to $1.3 billion in exploration and development, with a significant portion directed towards its Eagle Ford and Canadian assets. Baytex aims to balance growth with strong cash flow and shareholder returns, reflecting its commitment to financial stability and long-term value.
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