Baytex Energy Announces Third Quarter Results

- November 13th, 2012

Baytex Energy Corp. (TSX:BTE,NYSE:BTE) is pleased to announce its financial and operating results for the three months and nine months ended September 30, 2012.

Baytex Energy Corp. (TSX:BTE,NYSE:BTE) is pleased to announce its financial and operating results for the three months and nine months ended September 30, 2012.

Highlights from the press release:

  • Produced record quarterly production of 54,381 boe/d (88% oil and NGL) in Q3/2012, an increase of 3% over Q3/2011 and 2% over Q2/2012;
  • Generated funds from operations (“FFO”) of $139.0 million ($1.15 per basic share) in Q3/2012, a decrease of 4% from Q3/2011, and an increase of 12% from Q2/2012;
  • Generated net income of $26.8 million ($0.22 per basic share) in Q3/2012

Click here to read full Marketwire press release. 

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