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Baytex Energy Corp Stock Symbol: BTE-T

Last Price Recorded: $20.4100 on 2015-02-28

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Date Signal Expert Opinion Price
2015-02-18 COMMENT David Cockfield

Has always liked this because of the dividend. Almost entirely in heavy oil, but pumpable heavy oil in Alberta, in a sector of the province where no matter where you drill, you hit some nice heavy oil. Unfortunately they bought a chunk of field in the Eagleford in Texas, which turned out to be quite a hot prospect and they made lots of money. Big wells and big decline rates. He is concerned that to stay in that play, they may have to cough up more capital than they really want to. He would be cautious right now.


Price:
$22.810
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Yes
2015-02-12 SELL Swanzy Quarshie

A very strong company. Unfortunately they got caught a little bit with the Eagleford acquisition, which is a great asset, but unfortunately the timing did not work out well. There may be another dividend cut as the covenant issue has not gone away completely. This is a strong company and it will survive. In the meantime there is going to be some volatility. She would sell on any upside with the intention of buying it back.


Price:
$23.610
Subject:
OIL & GAS
Bias:
CAUTIOUS on ENERGY
Owned:
Unknown
2015-01-20 COMMENT Eric Nuttall

If you believe, as he does, that oil prices are going to rally to $65-$70 by the end of 2015, then this is a great buy. You are going to have to be able to stomach the volatility. Have cut their dividend once. Given their perceived high leverage, the dividend could be in jeopardy if oil stays where it is. They have some of the very best assets in heavy oil in Canada, as well is the best liquid rich play in the Eagleford along with the best acreage.


Price:
$17.660
Subject:
CANADIAN SMALL & MIDCAPS
Bias:
UNKNOWN
Owned:
Yes
2015-01-16 PAST TOP PICK Ryan Bushell

(A Top Pick Jan 15/14. Down 49.81%.) Management indicated the acquisition they did last year was good because it got some low cost production, and while their debt is a bit higher, it is manageable. Still yields over 6%. When a turn ultimately comes, this will be a good performer.


Price:
$18.820
Subject:
CANADIAN LARGE (DIVIDENDS)
Bias:
OPTIMISTIC
Owned:
Yes
2015-01-15 WAIT Michael Bowman

Always been one of his favourites.  One of the first to sign a contract to move their oil by rail.  They have always been ahead of the curve.  Companies are not being rewarded for keeping the dividend so why would they do so.  When they cut dividends it really hurts.  He does not know if this one will cut it.  We need to see oil start to move up.  He believes it will, but it could go lower first.


Price:
$16.770
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
Bullish on Canadian Equities
Owned:
Unknown
2015-01-08 WAIT Brian Acker, CA

A lot of these names will have write offs coming.  It is holding up well compared to the others.  $28.94 model price, suggesting upside.  Wait for some positive transits.  There is more pain to come.


Price:
$17.360
Subject:
NORTH AMERICAN - LARGE
Bias:
BULL on US LARGE CAPS
Owned:
Unknown
2015-01-02 COMMENT John Stephenson

Heavy oil weighted. Great company, but it is not going anywhere.


Price:
$19.770
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BEARISH on RESOURCES
Owned:
Unknown
2014-12-31 DON'T BUY Paul Harris, CFA

It is getting to be very cheap.  They have a big shale play they bought in Texas.  They don’t control it but share it with someone else.  The issue is what happens to the oil price.  If it goes lower they will have a difficult time.  They have debt.  There may be all kinds of issues.  You need to buy companies with a good balance sheet that can weather through all of this.


Price:
$19.320
Subject:
NORTH AMERICAN/GLOBAL
Bias:
Bullish on Canadian Equities
Owned:
Unknown
2014-12-19 COMMENT John Zechner

Google (GOOGL-Q) or Baytex Energy (BTE-T)? Completely different animals, but to him Google is one of the great growth stories out there. This one is an oversold play in the energy sector and depends on where energy settles out.


Price:
$20.890
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2014-12-15 BUY Michael Bowman

Has been crushed.  Down to $15.74 from $48.  Cut back production and decreased dividend.  He has always liked them.  They are always ahead of the curve, the first to hire rail companies to deliver oil.    It will turn around and it will go up.


Price:
$15.340
Subject:
NORTH AMERICAN - LARGE & ETFs
Bias:
DEFENSIVE
Owned:
Unknown
2014-12-12 SELL Jaime Carrasco

Cut their dividend this week. Sold his holdings last September. If you own, you should consider switching into something else.


Price:
$15.530
Subject:
RESOURCE, UTILITY & REITs
Bias:
OPTIMISTIC
Owned:
No
2014-12-10 HOLD Bruce Campbell (2)

It is too early to know where oil is going to be. The whole energy trade in 2015 could be phenomenal, even if we saw oil go from current prices to $75-$80. Thinks this is going to be a slow, steady grind back up. They are a big producer. They have some issues with their balance sheet and their cost of production, which they have to manage. They’ve been through this before, and management has got around it. It is too late to Sell at this point in time.


Price:
$15.600
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
No
2014-12-09 COMMENT Christine Poole

Cut their dividend and CapX program and the stock was up today 4%-5%. This is a name that had a really high yield, and it is almost a relief that they did this. Doesn’t feel that they necessarily had to do it right now, but feels management just wanted to preserve the balance sheet and give themselves some flexibility.


Price:
$16.900
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH on US ECONOMY
Owned:
No
2014-12-08 BUY on WEAKNESS Jeff Young

It continues to be a very good company.  The balance sheet is a little stretched, however, and the oil price is too low.  Any movement up in oil will be leveraged by this stock.  There probably should be a dividend cut.


Price:
$16.460
Subject:
CANADIAN DIVIDEND
Bias:
BEAR on ENERGY
Owned:
Yes
2014-12-05 HOLD Rick Stuchberry

This would be one he would have on his “wish list” to watch. You just need the bottom to come in on crude prices. This has been pummelled in the last little while, like so many of them. Thinks it is a bit overdone. Foreigners own a lot of these energy stocks, and they don’t like the currency and they don’t like oil, so Boom, out they go. We have seen a lot of this in the last few weeks. If you own, give it a few months. You collect a nice yield while you are waiting.


Price:
$18.910
Subject:
CANADIAN LARGE & ADRs
Bias:
BULLISH on INDIA
Owned:
No
Showing 1 to 15 of 351 entries
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