Baytex Energy (TSE:BTE) has released an update.
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Baytex Energy has successfully sold its Kerrobert thermal asset in Saskatchewan for $42 million, helping to streamline its portfolio and reduce bank debt. The sale will not significantly affect the company’s 2025 production or financial outlook. The company maintains its commitment to efficient operations without impacting exploration or development expenses.
For further insights into TSE:BTE stock, check out TipRanks’ Stock Analysis page.
