Baytex Energy (TSE:BTE) has released an update.
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Baytex Energy has reported strong second quarter results for 2024 with an increase in production and capital discipline, generating significant free cash flow and returning substantial value to shareholders through buybacks and dividends. The company anticipates continued financial strengthening in the latter half of the year, which will support further shareholder returns and debt reduction.
For further insights into TSE:BTE stock, check out TipRanks’ Stock Analysis page.