03:46 PM EST - Baytex Energy Corp. : announced its operating and financial results for the three months ended March 31, 2011. Petroleum and natural gas sales totaled $290 million, up 10.9% from the same period last year. During the first quarter of 2011, the company generated net income of $1.0 million. Net income was reduced by the recognition of $46 million in unrealized mark-to-market losses from its WTI hedging program. Baytex Energy Corp.
shares T.BTE are trading down $0.50 at $52.03.
