Baytex Energy (BTE) Valuation Update - Mar 18
Posted: Mon Mar 18, 2024 6:24 pm
My updated profile for Baytex has been posted to the EPG website.
I spotted a small error in my valuation calculation. When I corrected it, the current valuation increased $0.10 to $6.30US per share.
BTE is heavily weighted to oil, so if WTI just holds over $82/bbl my valuation will be going up.
Baytex also has an aggressive stock buyback underway that could increase my valuation.
I spotted a small error in my valuation calculation. When I corrected it, the current valuation increased $0.10 to $6.30US per share.
BTE is heavily weighted to oil, so if WTI just holds over $82/bbl my valuation will be going up.
Baytex also has an aggressive stock buyback underway that could increase my valuation.