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BTE – Baytex Energy Corp. (BTE-TSX, BTE-NYSE) Stock Price Target 2012

BTE – Baytex Energy Corp. Stock Price Target 2012

About Baytex Energy (BTE)

Baytex Energy Corp., through its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas in the Western Canadian Sedimentary Basin and the United States. As of December 31, 2010, it had proved plus probable reserves of approximately 229 million barrels of oil equivalent. The company was formerly known as Baytex Energy Trust and changed its name to Baytex Energy Corp. in January 2011. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada


  1. Estimated 2012 Sales = 1.14 Billion
  2. Estimated Net Profit = 21%
  3. Net income in 2012 = 239.40 million
  4. Shares = 117.89 Million
  5. EPS = 2.03
  6. Forward PE in 2012 = 27.25


Stock Target Price for 2012 = $55.31

Other Stock Target Prices


Action Analyst Rating Price Date
Target Canaccord Genuity $68.00 « $59.00 01/18/12
Target CIBC World Markets $66.00 « $60.00 01/17/12
Target Barclays Capital $64.00 « $62.00 01/11/12
Target Salman Partners $59.00 « $68.75 01/09/12


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Disclaimer: Comments and opinions offered in this website are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed.

Currently we do not own this stock and will not purchase any shares in the next 72 Hours.


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