Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (68296)	2/12/2020 8:13:14 PM
From: Goose94	Read Replies (1) of 202930

Baytex Energy (BTE-T) (revisited) top pick from Eric Nuttall on BNN.ca Market Call Wed Feb 12th @ 1200ET Baytex recently refinanced its debt due in 2021/2022 out to 2027, providing plenty of breathing room and alleviating any market concerns about the company’s exposure to a temporarily low oil price (despite a 50 per cent 2020 hedge position at C$76). Trading at 3.5 times EV/CF and a 28 per cent free cash flow yield, Baytex is prioritizing debt paydown this year ($200 million of free cash flow) while slowly delineating its East Shale Duvernay play. Baytex remains one of our favoured midcap ways to get exposure to our bullish call that oil will rally to $60 in the second half of 2020.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next