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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Here's something new
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Post by HighOctane89 on Jan 17, 2023 4:49pm

Here's something new

After Raymond James and Stifel reduced targets on around 25 O&G stocks , today CIBC released an upgrade for Canadian energy prospects and producers . Stifel was busy today making excuses for Lightspeed and raising its target price , I found it odd they would upgrade a money loser while downgrading profitable energy companies . CIBC is the first big (CDN) bank to come out with something so bullish regarding Canadian energy , it would be refreshing if this marks a change in narrative and hostility from the big 5 .
Comment by Skylar1 on Jan 17, 2023 6:31pm
I read and listen to their comments but they are all pushing you in the direction they want you to go , like you said lightspeed a money looser .  my model follow the profit in each stock you own , oil & gas is the best money makers at present.
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