Baytex Shares Slip After Oil Decline
Baytex Energy Corp. shares on the Toronto exchange slid 5.48% to C$6.73 as of 2:43 p.m. ET Monday. Canadian oil names sold off, with Whitecap Resources off 3.81%, Athabasca Oil down 5.14%, and Tamarack Valley Energy losing 5.09%. That came even as the TSX set a new record high. Baytex has had a strong run in 2026, not just a tough session. The shares are still up 51.58% for the year, MarketScreener data shows, despite dropping 8.06% in the last five days. That makes it harder to brush off a weaker oil market now.