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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > BMO Upgrade
View:
Post by retiredcf on Sep 29, 2023 8:54am

BMO Upgrade

BMO’s Michael Murphy upgraded Baytex Energy Corp.  to “outperform” from “market perform” with a $7.50 target, up from $5.50. The average target on the Street is $7.31.
Comment by retiredcf on Sep 29, 2023 9:44am
More details. GLTA Touting “compelling value and growing shareholder returns,” BMO Nesbitt Burns analyst Michael Murphy upgraded Baytex Energy Corp.  to “outperform” from “market perform”  “Supported by strengthening crude prices, and our bullish outlook for 2024, we are upgrading Baytex ... With post-acquisition deleveraging well underway, we forecast the company will ...more  
Comment by robert41 on Sep 29, 2023 10:44am
Good comments but wow if $90 oil for next 3 years most can't figure what oil will do in next 3 days. Statements like that are just annoying.
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