BTE:CC News and Press, Baytex Energy Corp. From 01/16/23

Energy stocks were top performers last year. However, smaller oil and gas producers like Baytex Energy ( TSX:BTE ) were overlooked by mainstream investors. Baytex delivered just 26.7% in total returns over the past year while larger energy stocks nearly doubled. Will this year be ...

Oil prices at the end of 2022 were lower than expected. A confluence of factors pushed the price of crude down to US$70 a barrel. Unsurprisingly, oil and gas stocks followed along. Small-cap energy producers like Baytex Energy ( TSX:BTE ) lost about 37% of its value between June and D...

The markets have been brutally volatile this year, thanks to stubborn inflation and rapid rate hikes. However, not all stocks trended lower and lost value amid these challenges. Some played well, and a few rather doubled. They could continue to outperform next year due to their strong market posi...

Prominent oil buyers across the world have collectively decided to cap the price of oil exported from Russia. Last week, members of the G7 and European Union bloc of nations decided to implement a US$60 price cap on crude oil exported from Russia. Will this new cap have any impact? What does ...

Calgary, Alberta--(Newsfile Corp. - December 7, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") announces that its Board of Directors has approved 2023 exploration and development expenditures of $575 to $650 million, which are designed to generate average annual production of 86,000 to 89...

Investors will most likely stay invested in Baytex Energy ( TSX:BTE ), MEG Energy ( TSX:MEG ), and Tamarack Valley ( TSX:TVE ) in 2023. The growing buzz is that all three energy companies will have stronger balance sheets next year. Eric Nutall, a partner and senior po...

Energy has been the best-performing sector, beating broader markets by a big margin. TSX energy stocks have returned 60%, while peers south of the border have returned 65% so far in 2022. Even if oil prices have calmed down a bit lately, energy stocks have shown an apparent disconnect and have ma...

The price of crude oil and natural gas has been subdued in recent months. Investors are worried about a recession and lack of demand in emerging economies like China. However, the market is still undersupplied, and energy prices could rebound sharply in 2023. That’s why investors shoul...

Remember when crude oil turned negative in April 2020? Global energy markets were on a different track back then. However, after two-and-a-half years, energy markets have achieved a much better shape today. Oil and gas producers are quite well disciplined with their capital amid this price ...

This year has been the third in line for energy stocks to outperform broader markets. As oil prices continue to remain elevated, and, given the geopolitical tensions, TSX energy stocks could continue their growth streak next year as well. So, here are some of the top undervalued TSX energy ...