Viewing Opinion | StockChase
stockchase picture

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

2017-09-13

Opinion for Baytex Energy Corp (BTE-T)

Signal Price Bias Subject Owned
TOP PICK $3.340 UNKNOWN REITs, BONDS AND DIVIDEND STOCKS Yes

A 6.625% bond maturing in 2021. Made a big acquisition in the Eagle Ford of Texas. You are getting nothing for the heavy oil business in Canada. If push came to shove, as the debt holder, he will get the Eagle Ford asset if it is ever restructured.

Paul Gardner, CFA
Partner and Portfolio Manager, Avenue Investment Management http://www.avenueinvestment.com/

No Comments.


You must be logged in to comment.