RE:Baytex needs to sellI bought ENCC as a hedge, compared to BTE it is an outstanding performer, dividend yield of 15% based on my avg purchase price and a 15% capital gain, comparatively speaking BTE mgt has to get a fking grip.
If oil stays low this is dead money for a while, please nobody give me the long term glta bullroar "as in the long term we are all dead" - Keynes. I would like to spend it on ME, not donate to the loony left.
Zamboniboy wrote: Baytex is one of the worst performing oil/gas stocks in the market, in the last year they are down 30.7%, while others in around same price range are only down 3% to 17%, some are up 2% to 7%, if price of oil keeps going down baytex FCF will be nonexistent, baytex will be in survival mode. Is it time to fly a new flag under baytex office???