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Baytex Energy (BTE) Competitors

Baytex Energy logo

BTE vs. PTEN, VAL, RIG, HP, HPK, BORR, PDS, NBR, AMNI, and DINO

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include Patterson-UTI Energy (PTEN), Valaris (VAL), Transocean (RIG), Helmerich & Payne (HP), HighPeak Energy (HPK), Borr Drilling (BORR), Precision Drilling (PDS), Nabors Industries (NBR), American Noble Gas (AMNI), and HF Sinclair (DINO). These companies are all part of the "oils/energy" sector.

Baytex Energy vs.

Patterson-UTI Energy (NASDAQ:PTEN) and Baytex Energy (NYSE:BTE) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their dividends, media sentiment, valuation, institutional ownership, analyst recommendations, community ranking, profitability, risk and earnings.

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 3.6%. Baytex Energy pays an annual dividend of $0.06 per share and has a dividend yield of 2.3%. Patterson-UTI Energy pays out -13.0% of its earnings in the form of a dividend. Baytex Energy pays out -20.0% 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.

97.9% of Patterson-UTI Energy shares are held by institutional investors. Comparatively, 46.2% of Baytex Energy shares are held by institutional investors. 2.3% of Patterson-UTI Energy shares are held by company insiders. Comparatively, 0.8% of Baytex Energy shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Patterson-UTI Energy received 321 more outperform votes than Baytex Energy when rated by MarketBeat users. However, 66.13% of users gave Baytex Energy an outperform vote while only 62.30% of users gave Patterson-UTI Energy an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
813
62.30%
Underperform Votes
492
37.70%
Baytex EnergyOutperform Votes
492
66.13%
Underperform Votes
252
33.87%

In the previous week, Patterson-UTI Energy had 8 more articles in the media than Baytex Energy. MarketBeat recorded 8 mentions for Patterson-UTI Energy and 0 mentions for Baytex Energy. Patterson-UTI Energy's average media sentiment score of 0.86 beat Baytex Energy's score of 0.00 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Overall Sentiment
Patterson-UTI Energy Positive
Baytex Energy Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Patterson-UTI Energy$5.38B0.63-$968.03M-$2.47-3.57
Baytex Energy$2.51B0.79-$172.87M-$0.30-8.55

Patterson-UTI Energy presently has a consensus price target of $11.63, suggesting a potential upside of 31.65%. Baytex Energy has a consensus price target of $5.50, suggesting a potential upside of 114.42%. Given Baytex Energy's higher probable upside, analysts clearly believe Baytex Energy is more favorable than Patterson-UTI Energy.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Patterson-UTI Energy
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.77
Baytex Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Patterson-UTI Energy has a beta of 2.06, meaning that its stock price is 106% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 1.86, meaning that its stock price is 86% more volatile than the S&P 500.

Baytex Energy has a net margin of -8.26% compared to Patterson-UTI Energy's net margin of -18.00%. Baytex Energy's return on equity of 12.27% beat Patterson-UTI Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Patterson-UTI Energy-18.00% 0.81% 0.51%
Baytex Energy -8.26%12.27%6.29%

Summary

Patterson-UTI Energy beats Baytex Energy on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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 NYSE 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 EnergyDrilling oil & gas wells IndustryEnergy SectorNYSE Exchange
Market Cap$1.95B$934.07M$9.38B$20.29B
Dividend Yield2.51%4.31%11.68%3.66%
P/E RatioN/A3.3213.2849.39
Price / Sales0.792.86295.2116.10
Price / Cash1.716.2012.1220.99
Price / Book0.740.633.915.22
Net Income-$172.87M-$314.79M$810.19M$1.02B

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTE
Baytex Energy
2.9915 of 5 stars
$2.57
-5.0%
$5.50
+114.4%
-23.6%$1.95B$2.51B0.00231
PTEN
Patterson-UTI Energy
4.2853 of 5 stars
$8.98
+4.2%
$11.63
+29.5%
-26.5%$3.50B$5.38B-3.6410,600Insider Trade
Gap Up
VAL
Valaris
3.6062 of 5 stars
$47.72
+4.0%
$56.83
+19.1%
-33.4%$3.39B$1.78B3.285,985Earnings Report
News Coverage
Gap Up
RIG
Transocean
4.6007 of 5 stars
$3.75
+4.6%
$5.94
+58.7%
-29.6%$3.28B$3.31B-4.995,800Earnings Report
Analyst Revision
HP
Helmerich & Payne
4.8963 of 5 stars
$27.38
+2.3%
$38.75
+41.6%
-35.0%$2.72B$2.76B9.006,200Analyst Forecast
Short Interest ↓
HPK
HighPeak Energy
2.0937 of 5 stars
$14.32
+3.5%
$15.00
+4.7%
-11.5%$1.81B$1.11B11.2830Dividend Announcement
News Coverage
BORR
Borr Drilling
3.3032 of 5 stars
$3.25
-0.2%
$9.00
+177.3%
-54.1%$819.62M$771.60M9.832,869Earnings Report
News Coverage
Gap Up
PDS
Precision Drilling
3.9582 of 5 stars
$57.01
+1.7%
$112.00
+96.5%
-13.1%$785.56M$1.94B4.825,560Analyst Revision
NBR
Nabors Industries
2.6271 of 5 stars
$54.67
+5.0%
$97.00
+77.4%
-47.9%$585.52M$3.05B-2.9712,000Analyst Forecast
News Coverage
AMNI
American Noble Gas
N/AN/AN/AN/A$0.00$120,000.000.003
DINO
HF Sinclair
4.5598 of 5 stars
$37.64
+3.8%
$51.00
+35.5%
-37.1%$7.08B$31.96B23.235,218Earnings Report
News Coverage
Positive News

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This page (NYSE:BTE) was last updated on 2/20/2025 by MarketBeat.com Staff
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