BAYTEX ENERGY CORP

Ticker: BTE CUSIP: 07317Q105 Class: COM

MILLER HOWARD INVESTMENTS INC /NY's Holding History (CIK: 0000903947)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 93,182 Value ($000) $1,548 Avg Close $22.88 Range $11.41 - $34.17

Q3 2014

Shares 23,811 Value ($000) $901 Avg Close $37.50 Range $33.39 - $40.75

Q2 2014

Shares 21,187 Value ($000) $978 Avg Close $36.91 Range $35.21 - $40.61

Q1 2014

Shares 19,641 Value ($000) $808 Avg Close $32.34 Range $30.20 - $35.71

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	93,182	$1,548	$22.88	$11.41 - $34.17
Q3 2014	23,811	$901	$37.50	$33.39 - $40.75
Q2 2014	21,187	$978	$36.91	$35.21 - $40.61
Q1 2014	19,641	$808	$32.34	$30.20 - $35.71