Group 1 - The article discusses the analysis of oil and gas companies, specifically focusing on identifying undervalued firms within the sector [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the importance of patience and experience in navigating this market [2] - The investing group, Oil & Gas Value Research, seeks out under-followed oil companies and midstream firms that present attractive investment opportunities [2] Group 2 - The article mentions that the author holds a beneficial long position in several companies, including Baytex Energy (BTE) and ExxonMobil (XOM), through various financial instruments [3] - It is noted that the article reflects the author's personal opinions and is not influenced by any business relationships with the mentioned companies [3]
Baytex Energy: We Will Now See How Effective The Strategy Change Is