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Baytex Energy Swings to Q1 Loss, Sales Increase; Shares Down Pre-Bell
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Baytex Energy Swings to Q1 Loss, Sales Increase; Shares Down Pre-Bell
May 10, 2024 2:35 AM

05:03 AM EDT, 05/10/2024 (MT Newswires) -- Baytex Energy ( BTE ) reported a Q1 loss Thursday of 0.02 Canadian dollars ($0.02) per diluted share, swinging from earnings of CA$0.09 per share a year earlier.

Three analysts polled by Capital IQ expected EPS of CA$0.27.

Petroleum and natural gas sales for the quarter ended March 31 were $984.2 million, compared with $555.3 million a year earlier.

A single analyst polled by Capital IQ expected $923.5 million.

Shares of Baytex were down more than 4% premarket Friday.

Price: 3.5800, Change: -0.16, Percent Change: -4.28

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