SCHEDULE: Baytex Energy Corp. Stakeholder Filing

Connor, Clark & Lunn Investment Management Ltd. reports a 5.5% beneficial ownership stake in Baytex Energy Corp. as of March 31, 2026.

Summary

• Connor, Clark & Lunn Investment Management Ltd. has filed a Schedule 13G, indicating their beneficial ownership of Baytex Energy Corp. common stock.
• The filing, dated March 31, 2026, shows that the reporting person beneficially owns 39,829,373 shares.
• This represents 5.5% of the class of securities.
• Connor, Clark & Lunn Investment Management Ltd. has sole voting power over 35,002,563 shares and sole dispositive power over 39,829,373 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a standard disclosure of beneficial ownership by an institutional investor and does not inherently signal positive or negative performance for the company.

Positives

• Connor, Clark & Lunn Investment Management Ltd. has a significant stake, indicating confidence in Baytex Energy Corp.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are typically made by institutional investors who acquire beneficial ownership of more than 5% of a company's stock. This filing indicates a substantial investment by Connor, Clark & Lunn Investment Management Ltd. in Baytex Energy Corp., a common occurrence in the energy sector where institutional ownership is prevalent.

Stakeholder Impact

• Shareholders: The filing confirms a significant institutional investor's stake, which can be viewed positively as a sign of confidence, but does not directly impact current operations or immediate share value.

Key Dates

Keywords

Baytex Energy Corp., Schedule 13G, Connor, Clark & Lunn Investment Management Ltd., Beneficial Ownership, Common Stock, SEC Filing, Investment Management