Baytex Energy traded at 7.10 this Friday May 15th, increasing 0.30 or 4.41 percent since the previous trading session. Looking back, over the last four weeks, Baytex Energy gained 20.14 percent. Over the last 12 months, its price rose by 197.07 percent. Looking ahead, we forecast Baytex Energy to be priced at 6.95 by the end of this quarter and at 6.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Baytex Energy Corp. (Baytex) is a North American focused oil and gas company based in Calgary, Alberta. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The Company has oil and gas operations in Canada and the United States. The Company’s crude oil and natural gas operations are organized into five main operating areas: Peace River, Lloydminster, Viking, Duvernay and the Eagle Ford. The Canadian operating segment includes its light oil assets in the Viking and Duvernay, its heavy oil assets in Peace River and Lloydminster and its conventional oil and natural gas assets in Western Canada. The U.S. operating segment includes its Eagle Ford assets in Texas.