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Sep 21, 2015

CIRI: highs & (oil price) lows

When the most stable country in OPEC is Venezuela, you know you’re in trouble

A report from Canadian IR body’s annual IR conference held in Banff, Alberta

Sometimes a corporate blow can also be a professional triumph. The opening speaker at CIRI’s 28th annual conference, held May 30-June 2, was Baytex Energy CEO Jim Bowzer, who gave the perfect example. In December 2014, after oil prices had crashed and producers slashed their 2015 budgets, most of them sat on the details until January. But Brian Ector, Baytex’s head of IR, pushed management hard to go on the road and show the new budget to the Street within a matter of days. ‘It

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