(A Top Pick Dec 19/19, Down 64%) It offers meaningful beta for increasing oil price. He thinks it will lag other names, especially since more and more investors favour MEG. He does not hold it.
(A Top Pick Dec 19/19, Down 64%) It offers meaningful beta for increasing oil price. He thinks it will lag other names, especially since more and more investors favour MEG. He does not hold it.
There is debt load and the primary asset is not operated in Eagleford. The differentials have also shrank to 9$ today. The debt hurts them and the market does not believe in $50 oil. He would prefer MEG.
There is debt load and the primary asset is not operated in Eagleford. The differentials have also shrank to 9$ today. The debt hurts them and the market does not believe in $50 oil. He would prefer MEG.
(A Top Pick Sep 09/19, Down 63%) When he picked this last year, he projected $60 oil and Baytex was paying down debt and buying back stock. He took the hit, selling it, and moved on. He'd rather be in pipelines or low-cost producers like Suncor or Tourmaline. Energy stocks have run a little ahead of the fundamentals now. Few energy companies are making money now in Canada or the U.S. Oil may any fall back into the $30s/barrel.
(A Top Pick Sep 09/19, Down 63%) When he picked this last year, he projected $60 oil and Baytex was paying down debt and buying back stock. He took the hit, selling it, and moved on. He'd rather be in pipelines or low-cost producers like Suncor or Tourmaline. Energy stocks have run a little ahead of the fundamentals now. Few energy companies are making money now in Canada or the U.S. Oil may any fall back into the $30s/barrel.
Baytex Energy Corp is a Canadian stock, trading under the symbol BTE-T on the Toronto Stock Exchange (BTE-CT). It is usually referred to as TSX:BTE or BTE-T
In the last year, 13 stock analysts published opinions about BTE-T. 10 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Baytex Energy Corp.
Baytex Energy Corp was recommended as a Top Pick by Eric Nuttall on 2021-02-09. Read the latest stock experts ratings for Baytex Energy Corp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
13 stock analysts on Stockchase covered Baytex Energy Corp In the last year. It is a trending stock that is worth watching.
On 2021-03-02, Baytex Energy Corp (BTE-T) stock closed at a price of $1.3.