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Stock impact report

A Year After the Rate Pivot – Here Are 2 Canadian Stocks I'd Still Buy Now [Yahoo! Finance Canada]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
This move was mainly focused on stimulating economic growth and providing relief to borrowers amidst rising inflationary pressures. As we reflect on this policy shift, it's clear that certain market sectors on the TSX could benefit more than others. One such sector is energy, which has seen renewed interest due to surging global demand for energy products and deteriorating supply, as well as the ongoing geopolitical crisis. In the energy sector , companies have also capitalized on strategic acquisitions and higher commodity prices. Currently among the top Canadian stocks from this sector are Baytex Energy TSX:BTE ) and Enbridge TSX:ENB ). Let me explain why. Baytex Energy stock Baytex Energy, a Calgary-based energy firm, has seen its stock jump sharply of late. With a current stock price of $5.92 per share and a market cap of $4.4 billion, Baytex Energy has seen an 85% increase in its stock price over the last year. The company pays a quarterly dividend with a yield of 1.5%, provi Show less Read more
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