BTE/ATH comparison Both have a very low P/E ratio compared to Canadian peers. However, ATH is buying back shares and has no debt while BTE has a large amount of debt to pay off and has been increasing shares considerably.
Both have performed well in the last month, but BTE is still well below where it was trading last year before the Ranger deal punished the stock. YOY performance is actually quite negative. ATH has far less headwind and is about to explode FCF for shareholders while BTE still has to pay that massive debt.