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STS - Baytex Energy Highlights - September 26, 2019

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On Sept. 9, Baytex Energy updated its 2019 production guidance to 97,000 boe/d (83% liquids). This is its second revision, following a tightening of guidance toward the high side on Aug. 1—to 96,000-97,000 boe/d from the original range of 93,000-97,000 boe/d. The company plans to exit the year producing 95,000- 97,000 boe/d. Capex for the year has also been revised, to $560 million from a $550-600 million range that was set Aug. 1. The......
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