Baytex Energy (TSE:BTE) has released an update.
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Baytex Energy reported a robust third quarter in 2024, generating $220 million in free cash flow and returning $101 million to shareholders through buybacks and dividends. They also achieved a 3% increase in production compared to the previous year and reduced net debt by 5%. The company remains committed to shareholder returns and stable crude oil production amid current market conditions.
For further insights into TSE:BTE stock, check out TipRanks’ Stock Analysis page.
