Viewing Company Baytex Energy Corp | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

Baytex Energy Corp Stock Symbol: BTE-T

Last Price Recorded: $2.9100 on 2017-06-22

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2017-06-14 COMMENT Bill Harris, CFA

He doesn’t own this because of the level of debt, and he doesn’t know how volatile the stock is going to be. However, he owns the bonds which he bought at a discount. With the bonds, whether the company is solvent or insolvent, he is going to get paid back his bonds.


Price:
$3.480
Subject:
RESOURCE
Bias:
UNKNOWN
Owned:
No
2017-06-14 DON'T BUY John O'Connell, CFA

Energy stocks in general are pretty bombed out. Nobody can drill oil profitably and recycle back enough money to support future growth at $55 oil. Doesn’t think you can look at this one as a stock, you have to look at it as an option. Anything under $60 and this company doesn’t survive. It has debt turned out to 2021. It has some assets that it is not an operator of, that they bought about 5 years ago. The longer oil trades below $60, the deeper this company’s troubles are.


Price:
$3.480
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2017-06-01 PAST TOP PICK Paul Gardner, CFA

(A Top Pick March 28/17. Up 5%.) 6.625% bonds maturing 2022. A safer way to play the recovery, because the bond was under distress, but are backed by the Eagle Ford assets in Texas, one of the best fracing natural gas plays. Last quarter they came out with really good production numbers, as well as lower costs per well.


Price:
$3.950
Subject:
REITS/INCOME TRUSTS/HIGH YIELD BONDS
Bias:
BULLISH
Owned:
Yes
2017-06-01 TOP PICK Paul Gardner, CFA

6.625% bonds maturing July 19, 2022. He still likes this. Their numbers came out, and they not only had lower cost wells, but their production at the Eaglesford was much better than expected. It is a possible deleveraging story, but even with their stretched balance sheet, they can handle it. He likes the company, management and the execution of what they are doing.


Price:
$3.950
Subject:
REITS/INCOME TRUSTS/HIGH YIELD BONDS
Bias:
BULLISH
Owned:
Yes
2017-05-29 COMMENT Colin Stewart

Has a lot of debt, which is the knock against them. But that shouldn’t be as big a concern as it is, because the debt is turned out to 2020 and beyond, but the sentiment around oil/gas and the sector is so negative today it doesn’t matter. Have some great assets in the Eagle Ford in the US with heavy assets in Canada. Not for the faint of heart.


Price:
$4.160
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
Unknown
2017-05-09 COMMENT Lyle Stein

Sell Baytex (BTE-T) and Crescent Point (CPG-T) and move into Teck Resources (TECK.B-T)? Crescent Point and Baytex had high dividends. When oil fell, the dividend strategy collapsed. From this, he learned don’t rely on commodity stocks to pay dividends. Both are down in the dumps, but both are good names. This one probably has a little more debt than he would like, but Crescent Point is really trying to remake itself. If looking for torque in a portfolio, you will probably get more in the near term, from a base metal stock that you would from an oil stock.


Price:
$4.430
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-04-07 COMMENT Josef Schachter

From a value perspective, this is a cheap stock. BV is $8.48. It was a $45 stock in 2014, and the low in Q1 was $1.57. What bothers him is that the company had $1.7 billion of debt against $1.9 billion in equity. When you have a reduced price in the commodity and less cash flow is coming in, you need to focus on the debt holders first, so you can’t put money back into the ground. That means your production is not going to grow. Production volumes have come down. In Q1 in 2016 they were 41,000 and in Q4 they were 33,000, so they don’t have enough money in the till coming in from cash flow to service the debt. His view is that this company is going down. He would say there was a 10% risk the company will not survive.


Price:
$4.590
Subject:
OIL & GAS
Bias:
BEARISH on OIL
Owned:
Unknown
2017-04-05 COMMENT Dennis da Silva

One of the high beta names, because it is predominantly heavy oil, and therefore very subjective to the price of the underlying commodity. Has a highly-leveraged balance sheet. A great performer when the times are right, but he is more conservative and is remaining with lower cost producers and stronger balance sheets, at least until the 4th quarter when he has better visibility on oil recovery.


Price:
$4.550
Subject:
CANADIAN RESOURCES
Bias:
UNKNOWN
Owned:
No
2017-04-03 SELL ON STRENGTH Keith Richards

The problem with this stock is that it has been forming a base for more than a year.  It has been absolutely range bound.  Hope for the best if you own it and if it blips up then get out.


Price:
$4.480
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH on ENERGY
Owned:
Unknown
2017-03-28 TOP PICK Paul Gardner, CFA

6.625% bonds maturing 2022.  He feels they are a much safer investment.  You don’t have to hope oil comes back. 


Price:
$0.020
Subject:
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS
Bias:
OPTIMISTIC
Owned:
Yes
2017-03-28 HOLD Swanzy Quarshie

It has a bit too much debt.  This has been one of the victims of the oil price turn as they had too much debt at the top.  She likes management.  They have a lot of torque to higher oil prices.  Heavy oil is a better asset in Canada. 


Price:
$4.470
Subject:
OIL & GAS
Bias:
UNKNOWN
Owned:
Yes
2017-03-23 DON'T BUY Eric Nuttall

They are marred with too much debt and can’t grow.   They look too unattractive compared to peers, with the worst production forecast and one of the worst balance sheets.


Price:
$4.340
Subject:
ENERGY
Bias:
BULL on OIL
Owned:
Unknown
2017-03-20 COMMENT Lyle Stein

This was hurting big time a year ago; really suffering under the much, much deteriorating balance sheet, caused by debt, caused by making acquisitions. They got through it and had a nice recovery into the summer of 2016, but as oil prices weakened they are now struggling.


Price:
$4.540
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2017-03-14 COMMENT Daniel Lloyd

With his expectation that fuel prices will march higher, this is going to be an interesting torquey name. The debt is termed out, so they don’t have to deal with near term maturities. With prices north of $55 a barrel, this company really starts cash flowing nice numbers.


Price:
$4.420
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Yes
2017-03-13 COMMENT Matt Kacur

One of the most cyclical of the cyclicals. It is cyclical in that it is in oil, as well as its returns being up and down. The biggest problem is the leverage. There is a lot of financial leverage on this. If things go well and you get this in the right time, it can pay off. On the other hand, because of the leverage, there is a lot of risk, and could end up being owned by the debt holders. Maybe only put in a small position.


Price:
$4.740
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Unknown
Showing 1 to 15 of 486 entries
<< < 1 2 3 4 5 > >>

No Comments.


You must be logged in to comment.