Is Baytex the Best Oil Stock to Buy Right Now?
The stock has the potential to move significantly higher if energy prices remain elevated.Shares of oil producer Baytex (BTE -1.57%) have largely been range-bound over the past year. However, the stock could be one of the best plays on high oil prices around.Let's examine why oil bulls should consider buying the stock right now.Transformative acquisitionBaytex operates both in the U.S. and Canada, producing both light and heavy crude, as well as associated natural gas and natural gas liquids (NGLs). About 8 ...