BAYTEX ENERGY CORP (BTE) Stocks
ABOUT BAYTEX ENERGY CORP
📊 Baytex Energy Corp. is a Canadian natural gas and petroleum company located in Calgary, Alberta. The company was formerly a trust, but converted to a corporation in January 2011 due to government changes to tax incentives.
📊 The company – through its subsidiaries – focusses on the acquisition, development, exploitation of petroleum and natural gas properties in Canada (the provinces of Alberta and Saskatchewan). It also operates in Texas in the United States.
📊 Since its founding, the company has grown exponentially through acquisitions. These include the heavy oil assets located in the Reno and Seal areas of its northern Alberta Peace River Aera.
📊 It also acquired Aurora Oil & Gas Limited in 2014 which gave it a strong position in the EagleFord shale oil play in Texas.
📊 Baytex Energy Corp. completed a $ 156.6 million deal in 2011 with a private company for heavy oil assets in Saskatchewan (close to Seal Lake and Lloydminster.
📊 This acquisition added more than 10 million boe of proved and probable reserves, and increased its production by 5%. Today, the company employs about 240 people.
OVERVIEW OF BAYTEX ENERGY CORP
Baytex Energy Corp’s crude oil and natural-gas operations are organized into four business divisions: Lloydminster, Peace River, Conventional and United States. Each has a portfolio of mineral leases, operated and non-operated properties and development prospects.
Baytex Energy Corp.’s primary subsidiaries are Baytex Energy USA, Inc. and Baytex Energy Ltd. The latter focusses on oil and natural gas exploration, exploitation, acquisition, development and production in Canada. Baytex Energy USA, Inc. is engaged in oil and natural gas exploration activities in the United States.
It holds all the corporation’s US operating assets. Other subsidiaries include Baytex Energy Oil & Gas Ltd and Baytex Energy Partnership.
Baytex Energy Corp.’s derives its revenue as follows: 50% from heavy oil and 50% from its EagleFord shale oil. About 83% of the company’s production is weighted toward crude oil and natural gas liquids.
Four of the five big Canadian banks count among the company’s institutional investors, as well as the Quebec Public Service Employees Pension Fund.
VISION & VALUES OF BAYTEX ENERGY CORP
Baytex Energy Corp. strives be a top tier North American oil producer focussed on the creation of superior per share value for shareholders who purchase company shares.
It adheres stringently to the industry’s laws and regulations, and takes the safety of its people seriously.
Values such as integrity, accountability, optimal performance and innovation are deeply rooted into its daily activities.
MARKET PERFORMANCE OF BAYTEX ENERGY CORP
Baytex Energy Corp.’s disciplined financial approach is evident in its third quarter 2019 financial figures. It generated production of 94,927 boe/d.
Its adjusted funds flow was $ 213.0 million ($ 0.28) per share. The company also managed to reduce debt by $ 57 million, as adjusted funds flow exceeded capital expenditure and the Canadian dollar strengthened relative to the US dollar.
Shareholders who buy or sell company shares can therefore expect lucrative dividends and returns.
Baytex Energy Corp. trades its shares on the Toronto Stock Exchange (TSE) under the stock symbol BTE.
Buy BAYTEX ENERGY CORP stocks / shares – 📈 A Step by Step Guide how to Buy / Purchase BAYTEX ENERGY CORP Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy BAYTEX ENERGY CORP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN BAYTEX ENERGY CORP STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE BAYTEX ENERGY CORP STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of BAYTEX ENERGY CORP stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy BAYTEX ENERGY CORP stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?