Is Baytex Energy's 52-Week High Backed by Its Portfolio Shift?

Key Takeaways BTE surged 62.6% in six months, hitting a 52-week high after exiting U.S. assets to focus on Canada.Heavy oil and Duvernay plays drive growth, with over 1,300 drilling locations and strong Q3 output gains.Capex front-loading boosts 2025 free cash flow visibility as BTE targets a leaner, debt-light structure.Baytex Energy ((BTE) has surged more than 60% over the past six months and reached a fresh 52-week high of $3.32 on Friday. The rally reflects growing confidence in the company’s post-sale ...