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 > $7.64....Nowhere to go but up. Ca$$Flow is gushing....

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Post by slickkon Nov 03, 2022 2:04pm

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Post# 35070427

$7.64....Nowhere to go but up. Ca$$Flow is gushing....

#1 Holding in Eric Nuttal fund....9.86% invested in Baytex...of a $2.1 Billion fund...think about that high conviction.

Recently spoke and gave BTE a $20 stock target price.
$9 could come quick
cashflow at current commodity levels should reduce deb faster than expected
buyback/dividend increase...potential takeover target
this is the sector to be in
supply and demand for energy puts BTE in the sweet spot
this was a $49 stock 8 years ago....so ya...$20 target by guru Eric is soooo doable
patience is being rewarded

Holdings	% Portfolio Weight	First Bought	Market Value CAD as of Sep 30, 2022	Share Change %	1-Year Return	P/E	ESG Risk Rating Assessment	Sector
Baytex Energy Corp	9.86	Nov 30, 2021	157,950,000	0.00	74.24	6.53		Energy
Enerplus Corp	9.77	Oct 31, 2020	156,480,000	0.00	96.93	4.85		Energy
MEG Energy Corp	9.66	Feb 29, 2020	154,600,000	0.00	78.49	7.84		Energy
Tamarack Valley Energy Ltd	9.49	Jan 31, 2020	152,000,000	0.00	45.12	5.80		Energy
Cenovus Energy Inc	9.28	Jun 30, 2022	148,540,000	180.00% Increase	89.29	6.66		Energy
NuVista Energy Ltd	7.96	Jan 31, 2020	127,530,000	8.33% Increase	120.74	4.96	—	Energy
Headwater Exploration Inc	7.39	Jun 30, 2021	118,350,000	0.00	51.15	8.01		Energy
ARC Resources Ltd	6.78	Jun 30, 2021	108,615,000	0.00	65.33	5.41		Energy
Athabasca Oil Corp	6.65	Apr 30, 2022	106,500,000	5.26% Increase	160.38	9.86	—	Energy
Diamondback Energy Inc	6.24	Aug 31, 2022	99,838,453	0.00	41.57	6.28