Q: BTE
Why is it that the oil price is going up by over a dollar,the exchange is up 70 pts.,gasoline inventories are down and the price of baytex is falling?
Q: Hi from Burnaby--I have considered the possibility of Canada exporting oil thru BC or Eastern ports or via US Gulf ports--what would be the impact on income to our big and smaller oil/gas producers. What impact would this have on government revenues, and how soon could it be before exports started? (obviously rail will be the first way to get to the BC coast as the legal cases drag on). When do I time my purchases of oil companies. Bill
Q: Hello Peter
I am looking for a long term heavy oil/oilsands buy for the dividend because they have immense reserves and will operate indefinitely. Canadian Oil Sands COS is a plodding behemoth with little price change for 3 years but the best combination of high dividend 6.98% and Lowest P/E 11.26. I know you said on Nov 28th that it very cheap but a slow grower. The only other high dividend stock that I can find is Baytex BTE div 6.31%, but P/E 31.18. Is the higher Baytex P/E justified and on what basis, and might it be a better buy and is BTE's dividend secure longer term, and which one would you choose?
Thank you. Paul
Q: Do you have any insight into why BTE Baytex has not been able to hold onto recent gains after good Q3 numbers? I own it. Just seems there may be something other then weak WTI oil
Q: Baytex has had a nice run here, do you think it's still a good buy? Differentials on heavy oil have narrowed significantly, do you think this is "permanent" or will they blow out again and take down the heavy oil companies.
Q: Heavy oil There has been a lot of talk about Albertan heavy oil differentials playing catch up to WTI and WTI to Brent yet the companies themselves haven't really moved. That is except for MEG! What do you people think and where should one go? BTE looks safe and tempting...
I am looking to invest in Baytex (BTE). I know that they're product is mainly heavy oil. Is the price of heavy oil follows the same trend as light oil?
Q: I have a large position in Baytex, and it is very much underwater now, but I do like the good dividend. Scotia Capital rates BTE 'Outperform', Cannacord Adams calls it a Buy, but Ford Equity Research rates it a Sell. I'd very much appreciate your opinion of BTE. Thanks.
Q: In a recent reply, you mentioned that our Oil & Gas holdings, were too high, at 16% of our total investments. One of these is Baytex, which I bought in both my TFSA and our Joint account for its dividend and growth. It has been a great disappointment with an 11.5% loss to date. Is the dividend safe? Should I hold it for eventual recovery? Or should I sell? We also have CPG which is similarly down, plus HSE, CVE and KEY. Thoughts?
Q: I have taken a big hit in Baytex lately. down about 15%. How safe is the dividend? And is Baytex a sell, hold or buy at this price? Also, I have BTE in my TFSA as well as our joint portfolio. Should I sell one and hold the other?
Q: Given the most recent share prices, which would be your equity choice, Crescent Point Energy (CPG) or Baytex Energy (BTE)and why, and would you have any concerns about eithers dividend substainability