2023-05-04 17:06:01 ET
- Baytex Energy press release ( NYSE: BTE ): Q1 GAAP EPS of $0.09 beats by $0.01 .
- Revenue of $555.34M (-17.6% Y/Y) beats by $174.65M .
- Generated production of 86,760 boe/d (84% oil and NGL) in Q1/2023, a 7% increase over Q1/2022.
- Delivered adjusted funds flow (1) of $237 million ($0.43 per basic share) in Q1/2023.
- Reported cash flows from operating activities of $185 million ($0.34 per basic share) in Q1/2023.
- Exploration and development expenditures totaled $234 million in Q1/2023, consistent with our full-year plan.
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Baytex Energy GAAP EPS of $0.09 beats by $0.01, revenue of $555.34M beats by $174.65M