Insider Selling: Baytex Energy Corp (BTE) Director Sells C$100,000.00 in Stock

Baytex Energy Corp (TSE:BTE) (NYSE:BTE) Director John Albert Brussa sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of C$4.00, for a total transaction of C$100,000.00.

John Albert Brussa also recently made the following trade(s):

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  • On Thursday, March 22nd, John Albert Brussa sold 20,000 shares of Baytex Energy stock. The stock was sold at an average price of C$3.79, for a total transaction of C$75,800.00.
  • On Friday, March 9th, John Albert Brussa sold 12,000 shares of Baytex Energy stock. The stock was sold at an average price of C$3.74, for a total transaction of C$44,880.00.
  • On Wednesday, March 7th, John Albert Brussa sold 12,000 shares of Baytex Energy stock. The stock was sold at an average price of C$3.66, for a total transaction of C$43,920.00.
  • On Tuesday, January 23rd, John Albert Brussa acquired 40,000 shares of Baytex Energy stock. The shares were purchased at an average price of C$4.28 per share, with a total value of C$171,200.00.
  • On Thursday, January 18th, John Albert Brussa sold 4,636 shares of Baytex Energy stock. The stock was sold at an average price of C$4.12, for a total transaction of C$19,100.32.

TSE BTE opened at C$4.15 on Monday. Baytex Energy Corp has a one year low of C$2.76 and a one year high of C$4.71.

Baytex Energy (TSE:BTE) (NYSE:BTE) last released its quarterly earnings data on Tuesday, March 6th. The company reported C($0.07) earnings per share for the quarter, topping analysts’ consensus estimates of C($0.14) by C$0.07. The company had revenue of C$302.19 million for the quarter. Baytex Energy had a negative net margin of 4.63% and a negative return on equity of 1.97%.

BTE has been the subject of several research analyst reports. CIBC increased their target price on shares of Baytex Energy from C$4.00 to C$4.50 in a research note on Tuesday, January 23rd. National Bank Financial increased their target price on shares of Baytex Energy from C$4.25 to C$5.00 and gave the stock a “sector perform” rating in a research note on Tuesday, January 9th. CSFB increased their target price on shares of Baytex Energy from C$4.00 to C$4.50 in a research note on Friday. Barclays increased their target price on shares of Baytex Energy from C$2.50 to C$4.00 in a research note on Wednesday, January 17th. Finally, AltaCorp Capital raised shares of Baytex Energy from a “sector perform” rating to an “outperform” rating in a research note on Monday, January 15th. Two analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. Baytex Energy presently has a consensus rating of “Hold” and a consensus price target of C$5.94.

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About Baytex Energy

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.

Insider Buying and Selling by Quarter for Baytex Energy (TSE:BTE)

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