Baytex Energy Corp: WTI Crude Price Pullback Could Ignite Investor Interest

Baytex Energy Corp: WTI Crude Price Pullback Could Ignite Investor Interest


Toronto, Ontario (FSCwire) - Over the past two weeks, the WTI crude price has rebounded nearly 11% to US$47.10 per barrel as of June 4, 2017, from the low of US$42.50 on June 21, 2017. This sharp rebound presents an opportunity for investors to look at beaten down and attractively-valued energy stock Baytex Energy Corp. (TSX: BTE), which has also rallied more than 10% from its 21st June low of $2.39 and boasts of superior capital and operational efficiencies. We believe Baytex Energy could benefit immensely from rising crude prices, with ability to report significant cash flows if prices sustain above US$55 per barrel.

Read the full article at https://smallcappower.com/analyst-articles/baytex-energy-corp-wti-crude/

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