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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (32533)	6/11/2018 8:03:02 PM
From: Goose94	Read Replies (1) of 202922

Baytex Energy (BTE-T) top pick from Eric Nuttall on BNN.ca Market Call Monday June 11th @ 1200ET Baytex is benefiting from a tightening in the Western Canadian Select (WCS) differential as well as Eagleford having direct access to the Gulf Coast and therefore avoiding much of the current (and worsening) congestion issues arising from lack of pipeline takeaway capacity from the Permian. Trading at three times 2018 EBITDA, at $80/bbl the stock offers potential 150 per cent upside to around $13.50 as sentiment towards oil improves.

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