Baytex's Production Model Should Help
Fuel Future Growth [View article]
BTE's management is very good, but to commercialize the Canadian oil sands profitably requires a far higher price for light, sweet crude (since heavy oil trades at a discount to it) than $42. Probably $60 is more like it.
Upstream MLPs and Canadian Royalty Trusts: High Return, High Risk? [View article]
Bear in mind two cautionary points: MLPs cannot be owned in tax-deferred accounts but only in currently taxable accounts; and most MLPs (but not LLCs) have general partners which skim off Incentive Distribution Rights and reduce the share of the limited partners' cash flow.
Baytex's Production Model Should Help Fuel Future Growth [View article]
Upstream MLPs and Canadian Royalty Trusts: High Return, High Risk? [View article]