Connor, Clark & Lunn Investment Management Adds $48M in Baytex Energy Corp. ($BTE)
Key Points
- Connor, Clark & Lunn Investment Management changed its Baytex Energy Corp. ($BTE) stake by 34.3% last quarter, boosting to 39,829,373 shares worth $186.40 million.
- Wall Street's consensus rating on $BTE is Buy.
- $BTE last traded around $4.68.
Connor, Clark & Lunn Investment Management increased its position in Baytex Energy Corp. ($BTE) by 34.3% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,829,373 shares of Baytex Energy Corp. after buying 10,177,307 shares during the quarter. Connor, Clark & Lunn Investment Management's holdings in Baytex Energy Corp. were worth $186.40 million as of its most recent filing.
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About Baytex Energy Corp.
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin. It offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. The company also holds 100% interest in Duvernay and Peace River properties in Alberta; and Lloydminster property in Alberta and Saskatchewan. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.
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