Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

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 / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp

Bullboard Posts

Post by gimlimikeon Nov 27, 2014 2:48pm

207 Views

Post# 23171041

Knee jerk versus long term outlook

A GIc might fit the bill for some but history has shown that inflation and COL takes all of the income and more. Heres along term view of BTE

Dec 2003 Operating netback( net of price swings, currecny etc ) $17.32 per share
Year to date 9 months 2014                                                           $ 38.79 per share

                                                                                                         123 % increase

Income per share ( net of all costs ,interest rates, )                       $ .69 per share
Year to date 2014                                                                           $ 1.33 per share

                                                                                                        93 % increase

monthly dividend 2003                                                                       .15
Monthly dividend ( Dec 2014)                                                            .24

                                                                                                            53 % increase

Stock price 2003                                                                                $ 11.00

Today   ( got to high of 49 this year)                                                 $ 26.00

                                                                                                        136 % increase

Bank of Canada 1 to 3 year bond rates                2003                   3.05 %
                                                                              2014                   1.05 %

                                                                                                          65 % decrease

Which one would you rather hold short or long term ?

Bullboard Posts

BMO evolves InvestorLine with enhanced tools for options trading