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Baytex Energy Corp (BTE-T) opinion on 2017-08-11

Last Price Recorded: 3.5800 on 2017-12-15

ON STOCKCHASE SINCE Sep 2003

oil/gas
oil/gas
HOLD

David Cockfield
Baytex Energy Corp was $3.310 at time of opinion
Owned : Yes

There is a lot of misinformation on oil investment. People think oil fields continue to pump oil regardless. This is a diminishing resource, so if you don’t spend the money up front for exploration and well development, production declines. Inventories in the US are declining, and the money hasn’t been spent upfront. Often, it’s 1 or 2 years of money spent to develop the necessary resources, and it actually returns as production. We may be facing a situation where we are more short of oil than we think.

CAUTIOUS

All opinions for BTE-T (507)

95 BUY
21 BUY on WEAKNESS
108 COMMENT
68 DON'T BUY
59 HOLD
1 N/A
4 PARTIAL BUY
1 PARTIAL SELL
39 PAST TOP PICK
12 SELL
3 SELL ON STRENGTH
1 SHORT
4 STRONG BUY
57 TOP PICK
2 VAGUE
17 WAIT
3 WATCH
12 WEAK BUY
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All opinions for BTE-T (507)

95 BUY
21 BUY on WEAKNESS
108 COMMENT
68 DON'T BUY
59 HOLD
1 N/A
4 PARTIAL BUY
1 PARTIAL SELL
39 PAST TOP PICK
12 SELL
3 SELL ON STRENGTH
1 SHORT
4 STRONG BUY
57 TOP PICK
2 VAGUE
17 WAIT
3 WATCH
12 WEAK BUY
View All

More experts covering BTE-T

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Add BTE-T to Watch List

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