November 13, 2025–Written by Will Ploch, Assistant Editor-in-Chief for Industrial Info Resources (Sugar Land, Texas)–Baytex Energy Corporation (Calgary, Alberta) is packing up and heading home to Canada. The oil and gas producer announced Wednesday it had agreed to sell its U.S. Eagle Ford assets to an undisclosed buyer for US$2.305 billion, which will end its U.S.-based operations. Executives at the company believe it will benefit from focusing its efforts on its Canadian assets.
Industrial Info is tracking more than US$2.5 billion worth of active and proposed projects from Baytex, comprising six drilling developments with programs set to kick off next year. “Monetizing our U.S. Eagle Ford assets strengthens our balance sheet, supports capital allocation to our highest-return opportunities, and positions us to deliver meaningful shareholder returns,” one executive said in a press release.
