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Baytex Energy Corp Stock Symbol: BTE-T

Last Price Recorded: $23.3600 on 2015-05-06

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Date Signal Expert Opinion Price
2015-04-23 PAST TOP PICK Greg Newman

(A Top Pick March 20/14. Down 42.43%.) When he recommended this, they were on the precipice of closing the Aurora transaction, which would have been really accretive for them if oils had stayed at the levels that he was modelling. Sold his holdings in the $30s.


Price:
$23.590
Subject:
CANADIAN DIVIDEND
Bias:
UNKNOWN
Owned:
No
2015-04-10 PAST TOP PICK David Cockfield

(A Top Pick April 8/14. Down 48.08%.) Sold his company’s holdings, but still has a bit of his own. He thinks the dividend situation is somewhat suspect.


Price:
$22.140
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-04-02 COMMENT Mason Granger

This has been a core holding for many years. In this type of the market, where commodity prices are depressed, they have clearly demonstrated that they are a company that investors have confidence in. The recent financing was upsized from $500 million-$550 million, and he understands that it was 5 times over subscribed. Their asset base is split between Eagle Ford light oil and heavy oil in Canada. The Eagle Ford light oil is non-operated, but is partnered with Marathon, which is where they are putting 80% of the capital this year.


Price:
$20.590
Subject:
CANADIAN ENERGY
Bias:
UNKNOWN
Owned:
Yes
2015-03-26 TOP PICK Jeff Young

(Top Pick May 22/14, Down 54.04%) He probably should have sold and come back later.  It has good assets and a good cost base and they are a good company.  When oil prices start to recover they will be a prime beneficiary of that.  It is a high quality company and just needs some support from oil prices.  He is not suggesting people back the truck up but just put a toe in.  6% yield.  The Saudis can’t produce oil for the entire world and no one but they can make money at these levels.


Price:
$20.020
Subject:
CANADIAN DIVIDEND
Bias:
CAUTIOUS
Owned:
Yes
2015-03-25 DON'T BUY James Hodgins

They just lost an equity financing.  Historically it was thought of as a heavy oil play and now it is a light oil play.


Price:
$19.480
Subject:
MARKET NEUTRAL INVESTING
Bias:
NEUTRAL
Owned:
Unknown
2015-03-25 PAST TOP PICK John Wilson

(Top Pick Feb 11/14, Down 48.26%) He sold in the spring after it ran up.


Price:
$19.480
Subject:
NORTH AMERICAN - LARGE
Bias:
OPTIMISTIC on US ECONOMY
Owned:
No
2015-03-12 DON'T BUY Christine Poole

Just did an equity issue to shore up their balance sheet.  She is not buying energy right now and not buying any for new clients. 


Price:
$18.020
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2015-03-06 WAIT Jaime Carrasco

Sold his holdings, but might be looking to get back in. The right entry point will be when we see inventory build-up in North America start to decline. Good management. Debt is a bit of a concern, but he thinks that is manageable. His company has a $27 target on this. 6.6% dividend yield.


Price:
$18.560
Subject:
RESOURCE, UTILITY & REITs
Bias:
UNKNOWN
Owned:
No
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
Showing 1 to 15 of 359 entries
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