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Baytex Energy (BTE) Competitors

C$4.59
-0.07 (-1.50%)
(As of 06/7/2024 08:53 PM ET)

BTE vs. ARX, MEG, SCR, CPG, PSK, WCP, ERF, POU, PEY, and NVA

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include ARC Resources (ARX), MEG Energy (MEG), Strathcona Resources (SCR), Crescent Point Energy (CPG), PrairieSky Royalty (PSK), Whitecap Resources (WCP), Enerplus (ERF), Paramount Resources (POU), Peyto Exploration & Development (PEY), and NuVista Energy (NVA). These companies are all part of the "oil & gas e&p" industry.

Baytex Energy vs.

ARC Resources (TSE:ARX) and Baytex Energy (TSE:BTE) are both energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, dividends, risk, earnings, analyst recommendations, media sentiment, valuation and profitability.

36.6% of ARC Resources shares are owned by institutional investors. Comparatively, 38.6% of Baytex Energy shares are owned by institutional investors. 0.4% of ARC Resources shares are owned by company insiders. Comparatively, 0.8% of Baytex Energy shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

ARC Resources currently has a consensus price target of C$29.85, indicating a potential upside of 19.19%. Baytex Energy has a consensus price target of C$6.48, indicating a potential upside of 41.07%. Given ARC Resources' higher possible upside, analysts plainly believe Baytex Energy is more favorable than ARC Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
ARC Resources
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.92
Baytex Energy
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

ARC Resources pays an annual dividend of C$0.68 per share and has a dividend yield of 2.7%. Baytex Energy pays an annual dividend of C$0.09 per share and has a dividend yield of 2.0%. ARC Resources pays out 34.2% of its earnings in the form of a dividend. Baytex Energy pays out -20.5% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Baytex Energy had 3 more articles in the media than ARC Resources. MarketBeat recorded 6 mentions for Baytex Energy and 3 mentions for ARC Resources. ARC Resources' average media sentiment score of 1.36 beat Baytex Energy's score of 0.22 indicating that Baytex Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
ARC Resources
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Baytex Energy
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

ARC Resources received 111 more outperform votes than Baytex Energy when rated by MarketBeat users. Likewise, 65.85% of users gave ARC Resources an outperform vote while only 57.11% of users gave Baytex Energy an outperform vote.

CompanyUnderperformOutperform
ARC ResourcesOutperform Votes
621
65.85%
Underperform Votes
322
34.15%
Baytex EnergyOutperform Votes
510
57.11%
Underperform Votes
383
42.89%

ARC Resources has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 2.76, suggesting that its share price is 176% more volatile than the S&P 500.

ARC Resources has higher revenue and earnings than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than ARC Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
ARC ResourcesC$5.31B2.82C$1.21BC$1.9912.58
Baytex EnergyC$3.03B1.24-C$298.84M-C$0.44-10.43

ARC Resources has a net margin of 22.74% compared to ARC Resources' net margin of -9.88%. Baytex Energy's return on equity of 16.66% beat ARC Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
ARC Resources22.74% 16.66% 8.29%
Baytex Energy -9.88%-8.56%-1.97%

Summary

ARC Resources beats Baytex Energy on 13 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTE vs. The Competition

MetricBaytex EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$3.77BC$1.64BC$4.09BC$5.38B
Dividend Yield1.94%6.73%6.54%5.58%
P/E Ratio-10.43284.09202.0123.36
Price / Sales1.2442,766.6629,796.142,146.71
Price / Cash726.2589.8871.2879.52
Price / Book0.971.551.593.44
Net Income-C$298.84MC$127.21MC$450.56MC$286.48M
7 Day Performance-8.38%-3.52%-2.96%-0.92%
1 Month Performance-10.53%-2.77%-1.71%-0.90%
1 Year Performance-0.65%10.20%18.52%26.13%

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ARX
ARC Resources
3.5064 of 5 stars
C$24.85
+0.5%
C$29.85
+20.1%
+44.1%C$14.85BC$5.31B12.49438
MEG
MEG Energy
2.123 of 5 stars
C$28.15
+1.1%
C$32.67
+16.0%
+32.3%C$7.67BC$5.54B13.67449
SCR
Strathcona Resources
0.248 of 5 stars
C$33.28
0.0%
C$34.57
+3.9%
N/AC$7.13BC$4.24B-15.17193
CPG
Crescent Point Energy
3.6777 of 5 stars
C$11.17
-5.8%
C$14.80
+32.5%
+17.4%C$6.90BC$3.51B22.80777Positive News
PSK
PrairieSky Royalty
2.7024 of 5 stars
C$26.32
+1.0%
C$27.30
+3.7%
+8.7%C$6.29BC$475.60M28.9265Dividend Announcement
Positive News
WCP
Whitecap Resources
4.2025 of 5 stars
C$9.97
+1.2%
C$13.56
+36.0%
+5.3%C$5.97BC$3.23B8.82542Positive News
ERF
Enerplus
0.6758 of 5 stars
C$26.78
-3.4%
C$24.36
-9.1%
+36.1%C$5.47BC$1.48B10.98404Gap Up
POU
Paramount Resources
3.6842 of 5 stars
C$31.06
+0.4%
C$35.80
+15.3%
+7.2%C$4.54BC$1.71B13.50579Dividend Announcement
PEY
Peyto Exploration & Development
2.6567 of 5 stars
C$14.82
+0.3%
C$16.59
+11.9%
+36.5%C$2.88BC$876.26M9.1553Upcoming Earnings
Positive News
NVA
NuVista Energy
3.188 of 5 stars
C$13.13
+0.7%
C$15.03
+14.5%
+19.2%C$2.71BC$1.20B8.9988

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This page (TSE:BTE) was last updated on 6/10/2024 by MarketBeat.com Staff

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