The Hated Oil Stock That's Suddenly Winning Again | In the Money with Amber Kanwar

👉 Click Here to Subscribe:    / @inthemoneypod   The Hated Oil Stock That's Suddenly Winning Again | In the Money with Amber Kanwar Global investors spent years writing off Canadian energy. Now, one of the sector's most embattled companies is trying to prove them wrong. On this episode of In the Money with Amber Kanwar, Amber sits down with Chad Lundberg, President & CEO of Baytex Energy, for his first interview since taking the helm. After a turbulent few years that saw Baytex expand into the U.S., reverse course, and overhaul its strategy, the stock has more than doubled over the past year. But with plenty of investors still questioning whether the turnaround is real, Chad explains why he believes Baytex is entering a new era. The conversation explores Canada's changing energy landscape, renewed pipeline momentum, improving investor sentiment toward the sector, and why Baytex is betting on a Canadian-focused future. Chad also discusses the company's debt-free balance sheet, its goal of delivering 15% annual shareholder returns through dividends, buybacks, and growth, the long-term potential of projects like Gemini, and why he believes Baytex can create more value as an independent company rather than becoming an acquisition target. Whether you're bullish on Canadian energy or still skeptical, this conversation offers an inside look at one of the industry's biggest turnaround stories—and the CEO trying to complete it. Timestamps 00:00 Trailer 01:15 Intro 02:20 The mood in the energy sector 03:50 Pipelines and increasing production to fill pipelines 05:30 What does the energy sector need to fulfill its full potential? 07:30 Hamilton Enhanced Mixed Asset Allocation ETF- MIX 09:20 What are foreign investors saying about the Canadian energy sector? 11:00 Sentiment towards crude oil 14:40 The transformation at Baytex Energy 19:40 Largest shareholder is done selling 20:50 The aspiration of 15% returns over the net 3 years 22:40 Dividends & buybacks 23:40 A culture change 25:20 Asset quality 28:50 Is Baytex a takeover candidate? 30:10 Thank you to our partners at ATB Financial 30:35 M&A in the energy sector 32:30 Would Baytex sell Viking? 33:35 Baytex’s red lines Sponsors For over 25 years, Raymond James has been helping Canadians achieve their financial goals. Visit https://raymondjames.ca today to discover how you can live a life well planned. A special thank you to our partners at ATB Financial. For more information on ATB Cormark Capital Markets visit https://ATB.com/inthemoney The mailbag is sponsored by Hamilton ETFs. For more information on the Hamilton Enhanced Mixed Asset Allocation ETF visit: https://hamiltonetfs.com/etf/mix/ Links https://inthemoneypod.com/   / inthemoneypod   https://facebook.com/profile.php?id=6...   / inthemoneypod     / inthemoneypod   [email protected] DISCLAIMERS The content provided in this podcast is for informational purposes only and does not constitute financial, investment, or professional advice.The views expressed by the host and guests are their own and do not necessarily reflect the opinions of any organization or company. The host and guests may maintain positions in any securities discussed on the podcast. Always consult with a qualified financial advisor or professional before making any investment decisions. Hamilton ETFs Disclaimer here: 37:37 In the Money delivers expert stock picks, actionable ideas, and timely money management tips. Hosted by business journalist Amber Kanwar, each episode features interviews with top portfolio managers who suggest ways to achieve good returns. Covering everything from ETFs and Canadian stocks to global investing trends, dividend strategies, and risk management, this show is made for DIY investors, stock market enthusiasts, and anyone looking to sharpen their financial strategy. Contact: [email protected] #IntheMoney #Investing #StockMarket #CanadianInvesting #FinancialNews