Oil Prices: BPS-PB.TO tracks oil, so prices strongly correlate. Higher oil prices usually increase stock value.

Production Levels: How much oil Baytex Energy produces impacts revenue. Higher production typically raises stock price.

Operating Costs: Efficient operations and lower costs improve profitability, boosting stock value. Inefficient operations may decrease it.

Debt Levels: High debt can make investors nervous. Lower debt usually increases confidence and potentially price.

Interest Rates: Higher interest rates can make borrowing more expensive, impacting profitability. Lower rates can encourage investment.

Investor Sentiment: General optimism or pessimism about oil and gas can influence demand for BPS-PB.TO shares, changing price.

Economic Growth: A strong economy usually increases demand for oil, potentially driving up prices and thus, stock value.

Geopolitical Events: Political instability or conflicts can affect oil supply and prices, impacting related stocks like BPS-PB.TO.

Company News: Announcements regarding earnings, acquisitions, or discoveries can significantly move the stock price.

Currency Exchange Rates: Since oil is often priced in USD, fluctuations in the CAD/USD exchange rate can affect revenue and profitability.