Canada's Baytex Plots 2025 Oil, Gas Output as Tariffs Hit Market

Canada

March 6, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Oil and gas producer Baytex Energy Corporation (NYSE:BTE) (Calgary, Alberta) is preparing to continue operations at its major production fields in 2025, with only slightly lower projected output when compared with 2024, as the Canadian oil and gas industry wrestles with the fallout from U.S President Donald Trump's tariffs.

Industrial Info is tracking more than US$2.5 billion worth of active and proposed projects from Baytex, with 60% of its production in the Eagle Ford Shale in Texas and the rest in western Canada. Baytex executives acknowledged rough winter weather across North America resulted in "modest production disruptions across our operations" in the current quarter, but said the company's full-year 2025 production guidance remains unchanged at 148,000 to 152,000 BOE/d, following 153,048 BOE/d of production from full-year 2024.

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