Baytex Energy extended $1.1B credit facilities to 2029, receiving strong support from lending syndicate.

Baytex Energy Corp. extended its $1.1 billion revolving credit facilities to June 2029. The company received strong support from its lending syndicate for the extension, providing flexible financial management. Baytex operates mainly in the Western Canadian Sedimentary Basin and the Eagle Ford in the US. While Baytex is an energy company that acquires, develops, and produces crude oil & natural gas, there are AI stocks that may offer greater upside potential. For investors seeking undervalued AI stocks, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Baytex Energy Extends $1.1B Revolving Credit Facilities to June 2029