Baytex Energy Corp T.BTE

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

[slickk]

#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	Equity Star Rating	Economic Moat	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

[Investnowplease]

Said before 20$ is optomistic to say the least, however a double from here would still be VERY nice, and imo very achievable.  Number 1 in my portflio since I sold 10% of my NVA about a month ago. 

[realcdn]

Where can I find this fund breakdown details? Thanks

[slickk]

google Ninepoint Energy Fund

[realcdn]

Thanks for the tip! lol. Ok, found it on Fundata site... I was looking on Ninepoint and couldn't find it there.