BTEGF News and Press, Baytex Energy Corp From 07/28/21

Modern valuation theory values equity of highly leveraged companies as a "real option" on the assets of the company with a strike price equal to the debt. Baytex "debt" which includes all third party obligations on March 31, 2021, is about CAD$2.8 billion with a duration of about 3 ye...

OPEC+ deal likely, although uncertainty can be found in news articles. Traders look to the shape of the futures curves to predict price movements. Alternative sources can provide insight and be beneficial in an investment process. For further details see: OPEC+ Deal Like...

Who can foresee two great founders of GeoPark fall out, after having worked together for 18 years to make the company what it is today? In this article, I analyze the confusing situation, hoping to figure out what an investor should do next with the stock. In light of the latest d...

Energy stocks are surging. Last week, we noted a big move is coming and it's happening now. While the gains are admirable, there is a lot more room to rally going forward. We have switched out of Baytex in our trading portfolio and into Suncor. The disparity is too big to ignore. ...

As global oil demand recovers, global product inventories will drain at a faster pace forcing refineries to play catch-up. This will result in higher product prices leading to higher crude prices. WTI is also on the verge of possibly breaking above $67, which puts $76/bbl as next tech...

The physical oil market is starting to heal. Indian refineries are returning and so are the Chinese. We are seeing a real uptick in physical crude buying just as the May cycle is about to end. If you did not add to energy names recently, now is the time. We see CVE and SU brea...

Heavy oil production could be a profit advantage given the restraint shown by the industry. The Eagle Ford production has the lowest breakeven cost. Management needs to work on lowering the Canadian breakeven costs. The Viking acquisition added some badly needed light oil prod...

This management has grown and sold a company before. Interestingly, management now believes the prices are right to get back in and grow another company. The current stock price may be a little ahead of itself. The McCully dry gas production asset will provide some cash for th...

Goldman calls for $80 Brent by Q3 as global oil demand is set to recover 5.2 mb/d over the next 6 months. Prior to this year, sell-side firms were very reluctant in making aggressive oil price targets, so kudos to Goldman. Energy stocks are also starting to break out. Investors sh...

Baytex Energy (BTEGF): Q1 GAAP EPS of -C$0.06.Revenue of C$384.7M.Adjusted fund flow per share of C$0.282021 Outlook: Drilling activity resumed late last year and we are building significant operational momentum with first quarter production up 12% from Q4/2020, largely driven by our lig...