Ever since the merger gave Baytex Energy (BTE) a second chance, management has concentrated on improving profitability and strengthening the balance sheet. That trend appears set to continue as management prioritizes debt payments one more time as long as the economic forecast remains uncertain.
Source: Seeking Alpha Website January 16, 2020
The stock has pulled back some from the "January Effect" rally at the beginning of the year. So this may be an opportunity to review the fundamentals to see if this security can find a place in your portfolio. The stock is