BTE

Baytex Energy Corp.

A Calgary-based producer of crude oil and natural gas, Baytex Energy Corp. pulls light oil, heavy oil, bitumen, and natural gas from fields across the Western Canadian Sedimentary Basin and the Eagle Ford shale in Texas. Founded in 1993 as Baytex Energy Trust, the company grew through deals like its 2018 combination with Raging River Exploration and its 2023 purchase of Ranger Oil. Its name blends "Bay" and "Tex," a nod to the Texas-style shorthand common among North American energy firms.