Baytex Energy Corp (BTE) Director Sells C$447,500.00 in Stock
Baytex Energy Corp (TSE:BTE) (NYSE:BTE) Director John Albert Brussa sold 125,000 shares of the company’s stock in a transaction on Thursday, August 3rd. The stock was sold at an average price of C$3.58, for a total transaction of C$447,500.00.
John Albert Brussa also recently made the following trade(s):
- On Tuesday, July 4th, John Albert Brussa sold 4,785 shares of Baytex Energy Corp stock. The stock was sold at an average price of C$3.16, for a total transaction of C$15,120.60.
Baytex Energy Corp (TSE:BTE) opened at 3.62 on Friday. Baytex Energy Corp has a 12-month low of $2.76 and a 12-month high of $7.35. The company’s market cap is $847.82 million. The stock has a 50 day moving average of $3.19 and a 200 day moving average of $4.26.
BTE has been the topic of several research analyst reports. TD Securities reaffirmed a “hold” rating and issued a C$5.00 price target on shares of Baytex Energy Corp in a report on Friday, May 5th. BMO Capital Markets reaffirmed a “market perform” rating and issued a C$3.50 price target on shares of Baytex Energy Corp in a report on Tuesday, June 27th. Finally, Canaccord Genuity upped their price target on shares of Baytex Energy Corp from C$3.50 to C$4.25 in a report on Wednesday. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Baytex Energy Corp currently has a consensus rating of “Hold” and an average price target of C$6.09.
Baytex Energy Corp Company Profile
Baytex Energy Corp. (Baytex) is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (Alberta and Saskatchewan) and in the United States (Texas). The Company’s crude oil and natural gas operations are organized into four business units: Lloydminster, Peace River, Conventional and United States.
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