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Stock impact report

Does Baytex Energy Still Offer Value After Its Multi Year Share Price Surge? [Yahoo! Finance]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock closed at CA$4.29 recently. While it is up 12.6% year to date and 34.5% over the last year, it has pulled back about 4.5% over the past month, despite a modest 2.4% gain in the last week. That pattern of strong longer-term gains but recent consolidation has come as investors reassess Canadian oil names in light of shifting crude prices and evolving views on how long higher energy prices can last. At the same time, Baytex has been working through its strategy of strengthening the balance sheet and optimizing its asset base, which is influencing how the market prices its future cash flows. On our framework of six valuation checks, Baytex scores a 3 out of 6. This suggests some metrics point to undervaluation while others look more fully priced. Next we will unpack what that means across different valuation methods, before ending with a more holistic way to judge whether the stock truly offers value. Baytex Energy delivered 34.5% returns over the last year. See how this Show less Read more
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