Baytex Energy (BTE) Valuation Update - Mar 18

[dan_s]

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.