Bullboard - Stock Discussion Forum 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... see more

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TSX:BTE - Post Discussion

Baytex Energy Corp > Seeking Alpha - 6 times cash flow

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Post by JohnnyDoe on May 12, 2024 6:34am

Seeking Alpha - 6 times cash flow

Basic conclusion of this article is that it willl take some time but bte will move from 2x to 6x cash flow

https://seekingalpha.com/article/4692030-baytex-energy-some-patience-needed

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Comment by MLEWICKIMBA on May 12, 2024 7:13am

6x means what price target? Thanks.

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Comment by ManitobaCanuck on May 12, 2024 1:01pm

Thice the current price .LOL

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Comment by Trader60 on May 12, 2024 1:46pm

Written by a long investor in BTE, not an impartial observer, or as he notes an analyst or advisor. Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTE either through stock ownership, options, or other derivatives

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Baytex Energy Corp