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CS - Finance Briefs - September 11, 2019
Baytex Energy Corp.’s capex is on pace for $575 million in 2019, the mid-point of its previous guidance, the company said in a September investor presentation. The E&P firm spent $261 million on capex in H1—on track with expectations— but managed to produce 99,800 boe/d, exceeding annual guidance. It also expects to redeem at par this quarter $150 million of 6.75% senior unsecured notes that mature February 2021. Cabot Energy Inc. entered a nonbinding......
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