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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 > Net Insiders buying ...
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Post by red2000 on Aug 05, 2023 8:07am

Net Insiders buying ...

Company with net insiders buying over the past 60 days... Baytex rank # 2

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Comment by Quickdraw123 on Aug 05, 2023 12:03pm
Pretty sure they know it's a rocket about to take off. P/E ratio 1.17, EPS 4.64. I know it's not the same due to debt and share count but Meg has P/E of 11.73 EPS 2.05  Hopefully once the market sees Q3 numbers we get to at least a P/E of 2.5 
Comment by Casey112 on Aug 05, 2023 12:24pm
I agree! It baffles me that we don't have a higher P/E, somewhere closer to the peer group. 50% FCF going toward the new debt, so, 4.1? better see some 10-12% days soon on high volume. I can't recall a day when the % was more, but it be nice.
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