Home » USA Broker Ratings » Baytex Energy Corp – Consensus Indicates Potential 738.3% Upside

Baytex Energy Corp – Consensus Indicates Potential 738.3% Upside

Baytex Energy Corp found using ticker (BTE) now have 8 analysts in total covering the stock. The consensus rating is ‘Hold’. The range between the high target price and low target price is between 5.71 and 2.75 with a mean TP of 3.94. Given that the stocks previous close was at 0.47 this is indicating there is a potential upside of 738.3%. The 50 day moving average now sits at 0.3 and the 200 moving average now moves to 0.78. The market capitalisation for the company is $285m. You can visit the company’s website by visiting: http://www.baytexenergy.com

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of January 20, 2020, it had proved developed producing reserves of 142 million barrels of oil equivalent (mmboe); proved reserves of 314 mmboe; and proved plus probable reserves of 529 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

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