RE:Baytex Energy
Jesse Grimes, My opinion is that a lot of the potential is already priced in on this stock. I expect to see good numbers released and perhaps a teaser on Clearwater. Both will boost the share price in the near term with a pullback that will be less than the boost. Just like Suncor shares are doing right now. There is no news that will send this to the moon nor is there any reason to address a dividend at this time. I hold a lot of oil patch stocks and pipeline stocks that pay dividends. Currently they give me an average of 11.5 percent annually plus a small Capital Gain if I sell. BTE on the other hand has outperformed all of them and I am quite content to stay long and support Managements long term plans of Debt first as it all makes real sense. I dont post here very much but had to today.