Baytex Energy Corp. Form 6-K Filing

Baytex Energy Corp. has filed a Form 6-K detailing significant financial transactions in December 2025. The company closed the sale of its U.S. Eagle Ford assets for US$2.14 billion, resulting in a net cash position. Proceeds were used to repay outstanding credit facilities and redeem senior notes. Baytex also secured an updated US$750 million credit facility with an extended maturity to June 2030. The company completed an early tender for its 7.375% Senior Notes due 2032 and redeemed its 8.500% Senior Notes due 2030. Baytex expects to report its year-end 2025 results on March 3, 2026, with U.S. Eagle Ford properties classified as discontinued operations. A loss on disposition of approximately $250 to $350 million is anticipated, along with a deferred tax expense of approximately $140 million.