Viewing Company Baytex Energy Corp | StockChase
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Compiling comments that experts make about stocks while on public TV.

Baytex Energy Corp Stock Symbol: BTE-T

Last Price Recorded: $6.2000 on 2016-12-06

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Date Signal Expert Opinion Price
2016-12-06 COMMENT Mason Granger

He has a very small position. Views this as torque to higher oil prices. He is comfortable with the credit profile, which has been an issue in the past. They ended up securitizing their credit facility against the assets, and pushing down the subordinate note holders. Doesn’t think the company has an issue with debt, but it has struggled in an environment of lower oil prices. Once we get to $55 oil, it becomes profitable again. Once it gets to $60 and beyond, this company looks a lot better than it does now.


Price:
$6.200
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2016-12-02 COMMENT Fabrice Taylor

Generally, energy looks like it is going to do better. We are probably at the bottom in energy. If they are okay on the balance sheet side, you are probably okay.


Price:
$6.050
Subject:
NORTH AMERICAN - SMALL
Bias:
UNKNOWN
Owned:
No
2016-11-09 DON'T BUY Daniel Lloyd

He has always liked it when he was looking for long oil exposure, but he is not looking for that right now.  If you were bullish on oil, a $10 move will get you an outsized return.


Price:
$5.320
Subject:
CANADIAN
Bias:
BEARISH
Owned:
No
2016-10-28 BUY Hap (Robert) Sneddon FCSI

Energy is a top sector on a short term basis.  On a long term basis it is moving up towards the top five.  We have a nice little base with a slow upwards trend in BTE-T.  We are going have some resistance around $9.  Now is probably a good point in terms of risk/reward as it is near the bottom of the trend line.


Price:
$5.360
Subject:
TECHNICAL ANALYSIS
Bias:
OPTIMISTIC
Owned:
Unknown
2016-10-27 DON'T BUY Paul Harris, CFA

When he looked at the oil market he decided he wanted to own larger cap oil if he went into it.  But he owns the debt of this one because it traded at 80 cents on the dollar.  He feels the Eagleford assets were worth about $2 Million.  If they had gone bankrupt he would have got his money back on the debt side.  The debt is safer.


Price:
$5.360
Subject:
NORTH AMERICAN - LARGE & GLOBAL EQUITIES
Bias:
OPTIMISTIC
Owned:
Yes
2016-10-25 COMMENT Colin Stewart

If you are trying to get exposure to energy, this is one to own. It can be a volatile stock as it has a fair amount of leverage on its balance sheet and a lot of sensitivity to moves in oil prices. It has a lot of torque to the upside if oil prices recover, but can have a lot of downside too. He is getting more positive on oil.


Price:
$5.500
Subject:
NORTH AMERICAN - LARGE (LONG/SHORT STRATEGIES)
Bias:
UNKNOWN
Owned:
No
2016-09-23 COMMENT John Stephenson

Short or Buy? Shorting is always difficult, because the window is quite small, especially for something that is as volatile as crude oil. If you are looking at a multiyear scenario for Holding it, then you are probably okay buying it now. Wait for the next week or so for it to fall. It has a relatively high debt load.


Price:
$5.090
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
UNKNOWN
Owned:
Unknown
2016-09-21 HOLD Nick Majendie

A very high beta name in terms of the potential for oil price increases. The balance sheet is not good. They have stretched out maturities which is at least encouraging. You need higher oil prices to make money in the stock. He has a $70 target for oil prices in the next couple of years.


Price:
$5.090
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-09-16 SELL William Chin

This is definitely a Sell or Avoid. It basically tracks the price of oil, and there is no recovery. Sellers are still willing to accept low prices and keep selling. No new or strong buyers have stepped up.


Price:
$5.190
Subject:
TECHNICAL ANALYSIS & MACRO STRATEGY
Bias:
UNKNOWN
Owned:
Unknown
2016-09-16 COMMENT Swanzy Quarshie

Doesn’t think this is in danger in the short term. They have a lot of debt, but a lot of it is term debt. Also, have had some bank lines that they have securitized against their assets, which gets them in line with the bank covenants. They have bought themselves a lot of time. She likes their Canadian assets. A “wait and see” story.


Price:
$5.190
Subject:
OIL & GAS
Bias:
BULLISH on ENERGY
Owned:
Unknown
2016-09-15 DON'T BUY Daniel Lloyd

He wants to like it because he likes the Texas assets.  The issue is that it does not work at these oil prices.  He used to own it and then exited the traded.  If you are bullish on oil it is a great name to buy.  This would be the first name he would buy if oil went up.


Price:
$5.230
Subject:
CANADIAN
Bias:
BEARISH on BONDS
Owned:
No
2016-09-06 DON'T BUY Josef Schachter

In the 2nd quarter, they harvested a lot of their hedge book. At the end of 2015, they had $106 million, and are now down to $24 million. A big portion of their cash flow came from their hedge book. They now have losses on some of their hedges on their books. His big problem is that they have $1.9 billion of debt, ($8.83 a share), with a BV of $2.1 billion ($10.33 a share). Volumes are coming down.


Price:
$6.130
Subject:
CANADIAN OIL & GAS
Bias:
BEARISH on OIL
Owned:
Unknown
2016-08-30 HOLD Eric Nuttall

He loved this earlier this year. He liked that it had no debt maturities coming until 2021, so the balance sheet was a lot stronger than people had thought. However, that trade has kind of played itself out. He would love to own this in the $5 space.


Price:
$6.020
Subject:
CANADIAN ENERGY & SMALL CAP
Bias:
UNKNOWN
Owned:
Unknown
2016-08-30 COMMENT John Stephenson

This has a fairly high debt level. Overall it is a pretty good company, but there has been a lot of volatility in the oil complex, particularly of late. Oil prices are not supportive of higher oil prices.


Price:
$6.020
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
UNKNOWN
Owned:
Unknown
2016-08-12 COMMENT David Cockfield

Bought a little of this recently when it got knocked back. One of the better managed oil/gas companies, mainly on heavy oil in Canada and light oil in Texas. They have a balance sheet that is under control. Fixed their lines of credit, so they are basically operating on a positive cash flow basis. He likes that they have some really good Texas shale properties. Once we see oil back in the $50-$60 range, those wells can be completed.


Price:
$6.660
Subject:
CANADIAN & ETF's
Bias:
OPTIMISTIC
Owned:
Yes
Showing 1 to 15 of 456 entries
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