![\"\"](\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/Baytex-Oilfield-300x168.jpg\" "\\"Baytex")
![\"\"](\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/Baytex-Energy-Corp-Logo-300x102.jpg\" "\\"Baytex"){kind=logo}
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Dear PGM Capital<\/strong> Blog readers, today March 14 2012, Baytex Energy Corp<\/a><\/strong>. Hightlights:<\/strong><\/p>\n \u00a0(all amounts are in Canadian dollars unless otherwise noted)<\/em><\/p>\n \u00a0Source:<\/a><\/p>\n Traders today totally ignored the company\u2019s blockbuster earnings report and Baytex Energy Corp sold off, trading as low as C$52.04 per share and falling below 30 on the technical important RSI<\/a><\/strong> indicator.<\/p>\n A fundamental investor could look at BTE\u2019s RSI reading of 30 as a sign that the recent heavy selling is in the process of exhausting itself, and begin to look for entry point opportunities on the buy side.<\/p>\n Taking the above mentioned technical analysis and the company\u2019s fundamentals such as a P\/E ratio<\/strong> of 10.9<\/strong>, a dividend yield<\/strong> of approx. 5.%<\/strong> (These based on today\u2019s closing price of C$ 52.30),<\/em> we have a BUY<\/strong><\/span> rating on the stock.<\/p>\n Please receive here below an all tine chart of the company.<\/p>\n Last but not least, before following any investing advice, always take your investment horizon and risk tolerance into consideration and keep in mind that the price of Commodities, as well as the stocks of their producers can be very\u00a0volatile and that sharp corrections might happen in the short term.<\/p>\n Yours sincerely<\/p>\n Eric Panneflek Dear PGM Capital Blog readers, today March 14 2012, Baytex Energy Corp. (NYSE: BTE), (TSX: BTE) (ISIN: CA07317Q1054) reported its Q4-2011 and FY 2011 results. Hightlights: Produced record quarterly production of 53,054 boe\/d in Q4-2011 (an increase of 18% over Q4-2010) and record annual production of 50,132 boe\/d in FY 2011 (an increase of 13%[…]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,23,24,10,19,15,1,18],"tags":[],"class_list":["post-5725","post","type-post","status-publish","format-standard","hentry","category-commodities","category-earnings-report","category-energy","category-eric-panneflek","category-financial-news","category-pgm-capital","category-uncategorized","category-world-economic-outlook"],"_links":{"self":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5725","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/comments?post=5725"}],"version-history":[{"count":0,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/posts\/5725\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/media?parent=5725"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/categories?post=5725"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pgmcapital.com\/nl\/wp-json\/wp\/v2\/tags?post=5725"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n(NYSE: BTE), (TSX: BTE) (ISIN: CA07317Q1054) reported its Q4-2011 and FY 2011 results.<\/p>\n\n
\n(an increase of 18% over Q4-2010)<\/em> and
\nrecord annual production of 50,132 boe\/d<\/strong> in FY 2011 (an increase of 13% over 2010)<\/em><\/li>\n
\n(an increase of 24% over 2010)<\/em><\/li>\n![\"\"](\"http:\/\/www.pgm-blog.com\/wp-content\/uploads\/2012\/03\/Baytex-Energy-Corp-All-time-Chart-March-14-20121.png\" "\\"Baytex")
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\nChairman<\/p>\n","protected":false},"excerpt":{"rendered":"