Baytex Energy Corp. (NYSE:BTE) Q4 2022 Earnings Conference Call February 24, 2023 11:00 AM ET

Company Participants

Brian Ector - Vice President, Capital Markets

Eric Greager - President & Chief Executive Officer

Conference Call Participants

Menno Hulshof - TD Securities

Amir Arif - ATB Capital Markets

Jeremy McCrea - Raymond James

Operator

Thank you for standing by. This is the conference operator. Welcome to the Baytex Energy Year End 2022 Financial Results Conference Call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. [Operator Instructions]

I would now like to turn the conference over to Brian Ector. Please go ahead.

Brian Ector

Thank you, Ashier [ph]. Good morning ladies and gentlemen and thank you for joining us to discuss our fourth quarter and full year 2022 financial and operating results.

Today, I am joined by Eric Greager, our President and Chief Executive Officer; Chad Kalmakoff, our Chief Financial Officer; and Chad Lundberg, our Chief Operating and Sustainability Officer.

While listening, please keep in mind that some of our remarks will contain forward-looking statements within the meaning of applicable securities laws. I refer you to the advisories regarding forward-looking statements, oil and gas information, and non-GAAP financial and capital management measures in yesterday's press release.

On the call today, we will also be discussing the evaluation of our reserves at year-end 2022. These evaluations have been prepared in accordance with Canadian disclosure standards, which are not comparable in all respects to United States or other foreign disclosure standards. Our remarks regarding reserves are also forward-looking statements. All dollar amounts referenced in our remarks are in Canadian dollars unless otherwise specified.

And with that, I would now like to turn the call over to Eric.

Eric Greager

Thanks Brian. Good morning, everyone, and welcome to our year end 2022 conference call. I have now been with Baytex for four months. And during these early days, I have had the opportunity to meet many of you in the investment community. This is something I look forward to continuing as we build even stronger relationships with our investor base.

Yesterday, we returned to trading on the New York Stock Exchange, and we look forward to improve trading liquidity and a better trading experience for our shareholders.

As part of our conversations with shareholders, I've been asked on many occasions, what attracted you to Baytex? The first thing I always point to is the high-quality and diversified oil portfolio we hold in Canada and the Eagle Ford in Texas. With over a decade of development opportunities across the portfolio, the Baytex business is strong.