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Do you prefer companies with high but predictable recurring ROCE, or companies with low prices and high uncertainty?
Penny stocks with the highest value to add to your watchlist
3 Under-the-radar penny stocks that may be sleeping giants
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Consider ITM calls on BTE expiring 20 february. Thank me later
As much as I'd like to pretend I've mastered the investor's temperament, I'm bad enough at setting my trailing stops that I got shaken out after just this scenario in BTE, SHLS, and especially FLNC this year. Took 15% gains when I could have just watched the market ignoring negative company news and seen 50-400%.
I bought rig just before the post covid boom. Im hesitant to reinvest. Own BTE now anyways.
Check out the dollar (DXY) and compare it to the Euro (FXE), Gold (GLD), and crypto (BTE). It's hard facts. You might have wanted to check before you sounded like an idiot.
It’s funny, I’ve had a lot of great trades and came across this one and the news that is expected November 6. My top trade was BTE at .42 and selling just under 8 and made 1.8 million on that one alone. I figure if I can get bought in at this price tomorrow, hold until November 8 I’ll be one happy man leading into Christmas. $$)
I usually sell when the fundamentals break down, negative cash flow, consistent losses, or if management has no clear strategy. I only stick with companies that are actually generating cash and executing. But if the business is solid and the drop is just noise or sentiment driven, I hold. Take Baytex (BTE) for example. Its been frustrating. The company is executing, Q2-2025 cash flowing, they paid down another $96M in debt (now at $2.3B), and reaffirmed capital discipline. Yet the stock keeps drifting. What really baffles me is the short interest, 66.6 million shares shorted as of June 30, 2025. Don't have most updated data on shorts yet. That's massive relative to its float, especially for a profitable, cash generating company. So for me, I hold because fundamentals are solid. But it is tough when its always in the red. Frustrating when holding doesn't translate into price.
Follow-up from this morning: BTE down another 2.5% right now to $2.14 USD. Still trading at 2.2x EBITDA with 66.6 million shares shorted. Valuation keeps getting cheaper, and the market keeps ignoring it.
Baytex (BTE) is still trading at 2.2x EBITDA, while peers like WCP, VET and MEG are 5x+. Its cashflow positive, profitable, and actively deleveraging. But the market doesn't seem to care. Could the discount be due to asset quality concerns? Or just a lack of coverage? Here is a quick peer snapshot (TTM basis as of July 29, 2025): |Metric|BTE|WCP|VET|MEG| |:-|:-|:-|:-|:-| || |Revenue (TTM)|**$3.31B**|$3.78B|$1.86B|$4.95B| |Net Income (TTM)|**$577M**|$981M|\-$34M|$620M| |FCF (TTM)|**$500M+**|$875M|\-$784M|$455M| |Net Debt|**$2.2B**|$3.3B|$1.3B|$535M| |Shorts 06-30-2025|**66.6M**|1.7M|5.7M|4.9M| |EV/EBITDA|**2.2x**|6.5x|5.0x|5.5x| Happy to hear other's thoughts, especially if you've dug into BTE or follow Canadian E&Ps. Is the discounted warranted, or is the market just sleeping on it?
Long calls on BTE, good fundamentals, possibly energy pump, earnings play and options are cheap so low risk for me.
Baytex (BTE) quietly up 5% this morning. Finally starting to get noticed. * Still trading at 2.2x EBITDA * Debt under control at 1.0x * Debt repayment + dividend * Institutions up 46% ownership * Short interest jumped to 66.6M shares as of June 30 Turtle stock quietly moving.
Anyone looking at $BTE? * Trades around $2 USD * Avg, daily volume approx. 50M shares * Institutional ownership recently hit 46% * Generates $600M + in free cash flow * Debt down from $2.6b to $2.2B * Trading at 2.5x EBITDA * Paying down debt, growing dividend. Also noticed short positioning has stayed elevated as volumes climbed, not pitching a squeeze but watching sentiment vs fundamentals. https://preview.redd.it/qyjhwshvstef1.png?width=694&format=png&auto=webp&s=31ed445d0c553d469f0f90ad6ae472b42f5354f1 Curious what others think?
Anyone looked at $BTE, Baytex Energy? Want to hear other thoughts?
BTE P / Free cash flow = 3 There are stocks these days that have P/E 500 P/S 5000. There are a few with P/FCF 3. Something doesn't quite add up.
$BTE is sexy,I will buy some.
Will someone talk to me about Baytex, ticker BTE? Because I see crazy bullish technical signals, but not maybe not enough volume to move it? Can I get some fellow regard opinions?
OPEN: $2.6B debt + negative $700M FCF BTE: $2.23B debt + **positive** $635M FCF One is burning, the other is earning. Choose your fighter. 🥊
5 minute analysis: INDO is a *ridiculous* buy within the fossil energy sector. Even after its share price decline its trading at 21 times revenue (I count 20 trading *below* 1 P/S). It just bleeds $3 million a year in operating cash flows, every year, and relies on dilutive secondary offerings to keep on the development treadmill. Too small to attract buyout interest on the oil side, and the prospects on its Java block are all gas. In my experience there's a minimum size at which oil & gas companies have enough scale such that G&A costs don't consume most operating cash flow. Around $300 million annual revenue. In INDOs case, operating revenue is $3 million and G&A costs $5 million. If you just want leverage to the oil price moves, look for E&Ps that offer leverage to near term production. Eg, half the trading interest in BTE (TTM P/S: 0.62, EV/EBIT: 5.4) is small-time speculators that haven't set up commodity trading accounts. It trades 20 times the daily dollar volume of other E&Ps of its scale.
Check out BTE has been steadily climbing to 2$ options are picking up volume pays a dividend. I think price target is 2.50 or 3$
Is no one jumping on board with the BTE? I mean, given the sale madee earlier this year. They are trying to ascertain more capital no?
Sell your Nokia. Sell your BTE. Buy VOO with that money. These are gambles. Don’t gamble what you can’t afford to lose. If you like visa and Walmart (I also like these). Keep buying, a little at a time. If for some reason they fall on bad earnings or news buy heavier. Get a baseline portfolio with VOO. Research other large cap names and build positions (like v and Walmart). Once you build this up a lot more with quality names and etfs, then and only then should you consider gamble buys, in very very small percentages of total portfolio. NFA.
Market has Big Trump Energy, BTE
Long Baytex Energy (BTE). Should do well as long at oil stays at $80 or higher...
Go Oilers, and go my oil stocks! AOI, GXE, BTE
OXY BTE are my big and small producers
Buy some BTE and that will be you. Will change my life!
I can still buy some BTE
PAA looks interesting. Thought of taking a position in BTE. Earnings coming up and with the new pipeline it’s supposed to really decrease their transportation expenses. Thanks for the post Isuzu
Investing in MSTR, BTE tomorrow
Which is the better ticker? MSTR or BTE?
Oil name to watch - BTE. This one is low volume, undervalued and can fly with current oil prices.
Long TALO BTE SWN CRK
Oil stocks that took an absolute beating last year. XOM, CVE, DVN, BTE, OIH, SU. These companies have reduced debt and will be returning record cash to stockholders this year.
Almost any energy stock right now. It might not be the Hail Mary your looking for in the very short term but I suspect longer term 6 month to 1 year we could get 100% upside from current prices. I’m YOLO on BTE.TO since this past may currently up 21% (was 32% last week before the sudden downturn) it will come back up soon.
Buying oil and gas producers BTE
Your words of confidence should be enough to warn you that it’s gonna be a bad day. GDP released at BTE @ 4.9% - exactly the same as China’s last week. Exactly the same beat too. What happened to Chinas market (Shanghai Composite) when they released? Proceeded to shed almost 3% the following day.
10 baggers in Canadian oil companies a few years ago (BTE,CPG,WCP) I put 15% of my portfolio in. It was later in life when I had a few bucks to invest so the amount is enough to retire on for me
BTE Buy and hold. Thank me in a year
Unless you own commodities such as oil producers BTE
BTE looks pretty correlated though. When oil is green so is the stock.
BTE has always had shit management. Go somewhere else… WCP, CPG, MEG
I'm long BTE share average 2.20 cad. Still think it's a great price with deep value. Been preaching about them for years. Went to under. 50 cents a few years ago.
Baytex (BTE) or (BTE.to) on Canadian markets. Oil company, lots of cashflow, oil prices are the chef's kiss on top of that, and beyond that there's the Trans Mountain expansion pipe that will give major Canadian heavy oil producers even more profit. BTE is priced at a discount on US markets, to boot. I do own $10k BTE for full disclosure, but check Canadian O&G for the past 6 months it has seen very strong gains, and BTE's fundamentals are shared.
I’ve made a lot of money following his advice. He’s seems to be a bit of a perma bull. But I kind of think he’s right. For BTE his case is that they have a huge 30 year supply and you very little for it. Other plays have less supply but similar price to earnings.
Going to be buying BTE back into my portfolio