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Get BTE alertsChad Lundberg is recorded as COO at Baytex Energy Corp. (BTE). Chad Lundberg has spoken on 9 earnings calls and 1 other investor event across 1 company, most recently for Baytex Energy Corp. on July 31, 2026. Baytex Energy Corp. is classified in the Oil & Gas E&P industry within the Energy sector.
“Production averaged 71,200 BUE per day, above the high end of our guidance for the second straight quarter, with continued outperformance across our heavy oil portfolio and first well results from our southern land block in the Duvernay that we call Gilby.”
“Production averaged above the high end of our guidance at 69,500 BOE per day, driven by outperformance across our heavy oil portfolio. We exited the quarter with net cash of $591 million and repurchased 35 million shares or 4.6% of our shares outstanding for $174 million.”
“I appreciate the Board's confidence, and I am excited to lead Baytex Energy Corp. and our team into the next chapter. My focus as we move forward is simple. We remain committed to technical leadership and disciplined capital allocation to create value.”
“Yeah, I was just I was gonna add of course there's the incremental cash from the sale not earmarked to buybacks in this particular instance that we're going to put back into small tuck-ins, bolt-ons, kind of quiet stuff we execute on behind the scenes.”
“We saw strong operating performance in Q3. Production averaged 151,000 BOE per day, with liquids making up 86% of the mix. We invested $270 million in exploration and development and brought 69 wells on stream, keeping us on track with our plan.”
Oil & Gas E&P · Energy
COO
