Baytex Energy (BTE) Stock Price, News & Analysis

Company Overview

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It also holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Calgary, Canada.

Key Stats

• Today's Range: C$3.69 to C$3.83
• 50-Day Range: C$3.22 to C$4.22
• 52-Week Range: C$3.15 to C$5.55
• Volume: 4.44 million shs
• Average Volume: 4.38 million shs
• Market Capitalization: C$3.02 billion
• P/E Ratio: N/A
• Dividend Yield: 2.40%
• Price Target: C$5.84
• Consensus Rating: Moderate Buy

Baytex Energy Stock Analysis - MarketRank™

Baytex Energy scored higher than 71% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Baytex Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Baytex Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Baytex Energy is -5.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Baytex Energy is -5.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Baytex Energy has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Baytex Energy has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for BTE.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Baytex Energy pays a meaningful dividend of 2.24%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Baytex Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for BTE.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.09

News Sentiment

Baytex Energy has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.51 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for Baytex Energy this week, compared to 2 articles on an average week.

Search Interest

Only 10 people have searched for BTE on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.

MarketBeat Follows

10 people have added Baytex Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 11% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Baytex Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$30,094.00 in company stock and sold C$0.00 in company stock.

Percentage Held by Insiders

Only 0.83% of the stock of Baytex Energy is held by insiders.

Percentage Held by Institutions

40.46% of the stock of Baytex Energy is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BTE Stock Analysis - Frequently Asked Questions

How have BTE shares performed this year?

Baytex Energy's stock was trading at C$3.70 on January 1st, 2025. Since then, BTE stock has increased by 1.4% and is now trading at C$3.75.
View the best growth stocks for 2025 here.

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp. (TSE:BTE) announced its quarterly earnings data on Thursday, October, 31st. The company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.04. Baytex Energy had a negative trailing twelve-month return on equity of 9.55% and a negative net margin of 11.92%.

How do I buy shares of Baytex Energy?

Shares of BTE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of Baytex Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Baytex Energy investors own include Intact Financial (IFC), Constellation Software (CSU), Crescent Point Energy (CPG), Whitecap Resources (WCP), Cenovus Energy (CVE), Toronto-Dominion Bank (TD) and Enbridge (ENB).

Company Calendar

• Ex-Dividend for 1/2 Dividend: 12/13/2024
• Dividend Payable: 1/02/2025
• Today: 1/21/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Petroleum And Natural Gas
• Current Symbol: TSE:BTE
• CUSIP: N/A
• CIK: N/A
• Web: www.baytex.ab.ca
• Phone: +1-587-9523000
• Fax: N/A
• Employees: 220
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$5.84
• High Stock Price Target: C$7.50
• Low Stock Price Target: C$5.00
• Potential Upside/Downside: +55.7%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.69)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.13
• P/E Growth: 0.12
• Net Income: C$-408,540,000.00
• Net Margins: -11.92%
• Pretax Margin: N/A
• Return on Equity: -9.55%
• Return on Assets: -0.08%

Debt

• Debt-to-Equity Ratio: 62.33
• Current Ratio: 0.72
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: C$3.43 billion
• Price / Sales: 0.88
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 726.25
• Book Value: C$4.92 per share
• Price / Book: 0.76

Miscellaneous

• Outstanding Shares: 804,980,000
• Free Float: N/A
• Market Cap: C$3.02 billion
• Optionable: Not Optionable
• Beta: 2.61