US EditionBaytex Exits the U.S. in $3.25B Deal, Focuses on Higher-Return Canadian Assets
Baytex Energy sells $3.25 billion U.S. Eagle Ford assets to concentrate on heavy oil production in Alberta and Saskatchewan, aiming to strengthen growth opportunities.
- On Nov. 12, 2025, Baytex Energy Corp. signed a deal to sell its Eagle Ford assets for about $3.25-billion to an undisclosed buyer.
- Baytex chair Mark Bly said selling U.S. assets sharpens the company's focus on core Canadian operations in Alberta and Saskatchewan to drive growth.
- Its Canadian portfolio spans heavy-oil operations in the Peavine region, Peace River region and Lloydminster area, plus light-oil assets in the Pembina Duvernay region and Viking area.
- The company said the deal should close in late 2025 or early 2026, subject to customary closing conditions and regulatory approvals, and Baytex shares rose 37 cents to $4.11 on the Toronto Stock Exchange.
- Notably, the Eagle Ford assets represent all of Baytex Energy Corp.'s U.S. business footprint and are located in the Eagle Ford shale .
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The FlatlanderBaytex exits the U.S. in $3.25B deal, focuses on higher-return Canadian assets
Baytex Energy Corp. is turning its focus to Canada, announcing plans to divest its position in the Eagle Ford shale formation in Texas - the biggest part of its business - through a $3.25-billion deal. The assets being sold to an undisclosed buyer represent all of Baytex's U.S. operations. They prod...
Baytex Exits the U.S. in $3.25B Deal, Focuses on Higher-Return Canadian Assets
Baytex Energy Corp. is turning its focus to Canada, announcing plans to divest its position in the Eagle Ford shale formation in Texas—the biggest part of its business—through a $3.25-billion deal. The assets being sold to an undisclosed buyer represent all of Baytex’s U.S. operations. They produced an average of almost 83,000 barrels of oil equivalent per day during the third quarter, comprising a mix of light oil and condensate, natural gas li…
Prince George Citizen
Baytex Energy selling U.S. Eagle Ford operations for $3.25 billion
CALGARY — Baytex Energy Corp. says it has signed a deal to sell its U.S. Eagle Ford assets to an undisclosed buyer for about $3.25 billion in a move to focus on its operations in Alberta and Saskatchewan.
Baytex Energy (BTE.TO) Sells Eagle Ford Assets for US$2.305 Billion; Stock Jumps After CIRO Halt — Nov. 12, 2025
Calgary producer exits the U.S., refocuses on higher‑return Canadian oil plays, plans debt repayment and accelerated shareholder returns. Baytex exits the U.S. with a US$2.305B sale Baytex Energy Corp. (TSX: BTE; NYSE: BTE) said today it has signed a definitive agreement to sell all of its U.S. Eagle Ford assets to an undisclosed buyer for US$2.305 billion (about C$3.25 billion) in cash. Management framed the deal as a pivot to “a focused, high‑…
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