Weekly Energy Bulletin: Raymond James Outlook

December 05, 2011 | Energy

Short excerpt:

Baytex Energy (BTE-TSX, BTE-NYSE, Market Perform): we expect Baytex to provide production and capital budget guidancefor 2012; we believe that an increase to the monthly dividend is also possible. [December 6]

Enerflex (EFX-TSX, Strong Buy): Enerflex recently announced a significant contract to fabricate and construct a US$228 mlngas and liquids plant in Oman. We suspect this is the first in a potential pipeline of contracts to be awarded in the regionover the next 12 months.

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