RE:10XBaytex is a trash co. lol. They could have the best Headwater acreage but that doesn't mean they are not overvalued. Don't forget their main bread and butter is a JV in the Eagle Ford and then light oil in the Viking which isn't anything to get excited at. Tons of debt and high interest payments.
No thanks. Not even insiders want to own it.
MarkG1963 wrote: Josh Young was on BNN on Thursday. American Energy manager said if oil keeps on recovering then Baytex could be a 10 bagger from here. Probably same with any Canadian small cap oil. Also excellent for any Canadian oil in general.
https://www.youtube.com/watch?v=is6gk0jmmL8