Baytex: Q4 Earnings Snapshot

Associated Press Finance
03-05

CALGARY, Alberta (AP) — CALGARY, Alberta (AP) — Baytex Energy Corp. (BTE) on Tuesday reported a loss of $27.5 million in its fourth quarter.

On a per-share basis, the Calgary, Alberta-based company said it had a loss of 4 cents.

The oil and natural gas company posted revenue of $726.9 million in the period.

For the year, the company reported net income of $172.7 million, or 21 cents per share, swinging to a profit in the period. Revenue was reported as $3.07 billion.

In the final minutes of trading on Tuesday, the company's shares hit $2.07. A year ago, they were trading at $3.11.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BTE at https://www.zacks.com/ap/BTE

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