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Baytex Energy (BTE) Competitors

Baytex Energy logo

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

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

Baytex Energy vs.

Transocean (NYSE:RIG) and Baytex Energy (NYSE:BTE) are both mid-cap oils/energy companies, but which is the superior investment? We will contrast the two companies based on the strength of their community ranking, risk, dividends, earnings, profitability, valuation, media sentiment, institutional ownership and analyst recommendations.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Transocean$2.83B1.38-$954M-$0.75-5.96
Baytex Energy$2.51B0.94-$172.87M-$0.30-10.07

Transocean received 428 more outperform votes than Baytex Energy when rated by MarketBeat users. However, 66.13% of users gave Baytex Energy an outperform vote while only 51.60% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
TransoceanOutperform Votes
920
51.60%
Underperform Votes
863
48.40%
Baytex EnergyOutperform Votes
492
66.13%
Underperform Votes
252
33.87%

In the previous week, Transocean had 7 more articles in the media than Baytex Energy. MarketBeat recorded 8 mentions for Transocean and 1 mentions for Baytex Energy. Transocean's average media sentiment score of 0.31 beat Baytex Energy's score of 0.00 indicating that Transocean is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Transocean
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Baytex Energy
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

67.7% of Transocean shares are owned by institutional investors. Comparatively, 46.2% of Baytex Energy shares are owned by institutional investors. 13.2% of Transocean shares are owned by insiders. Comparatively, 0.8% of Baytex Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Transocean has a beta of 2.78, meaning that its stock price is 178% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 1.93, meaning that its stock price is 93% more volatile than the S&P 500.

Baytex Energy has a net margin of -8.26% compared to Transocean's net margin of -18.81%. Baytex Energy's return on equity of 12.27% beat Transocean's return on equity.

Company Net Margins Return on Equity Return on Assets
Transocean-18.81% -1.48% -0.77%
Baytex Energy -8.26%12.27%6.29%

Transocean presently has a consensus price target of $6.63, indicating a potential upside of 48.21%. Baytex Energy has a consensus price target of $5.50, indicating a potential upside of 82.12%. Given Baytex Energy's higher probable upside, analysts clearly believe Baytex Energy is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Transocean
1 Sell rating(s)
5 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.22
Baytex Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Transocean beats Baytex Energy on 11 of the 18 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$2.37B$1.10B$8.87B$20.34B
Dividend Yield2.21%4.15%11.41%3.48%
P/E Ratio-10.073.0812.4443.05
Price / Sales0.942.6179.8018.99
Price / Cash2.047.0412.1021.67
Price / Book0.810.703.564.72
Net Income-$172.87M-$225.86M$952.16M$987.19M

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTE
Baytex Energy
2.6719 of 5 stars
$3.02
flat
$5.50
+82.1%
-20.3%$2.37B$2.51B-10.07231
RIG
Transocean
4.215 of 5 stars
$4.47
+3.0%
$6.63
+48.2%
-28.9%$3.91B$2.83B-5.965,800Analyst Revision
News Coverage
HP
Helmerich & Payne
4.0322 of 5 stars
$36.06
+4.7%
$38.57
+7.0%
-3.9%$3.56B$2.76B10.486,200Analyst Forecast
Analyst Revision
VAL
Valaris
4.1433 of 5 stars
$49.39
+3.6%
$80.00
+62.0%
-26.5%$3.51B$1.78B3.395,985Positive News
PTEN
Patterson-UTI Energy
4.2375 of 5 stars
$8.68
+3.8%
$11.88
+36.8%
-27.1%$3.38B$4.15B-3.9610,600Options Volume
Analyst Revision
News Coverage
HPK
HighPeak Energy
1.7381 of 5 stars
$15.54
+0.4%
$14.00
-9.9%
-3.5%$1.97B$1.14B12.2430
PDS
Precision Drilling
4.3032 of 5 stars
$66.38
+0.4%
$112.00
+68.7%
+17.8%$933.97M$1.44B5.615,560
NBR
Nabors Industries
2.3246 of 5 stars
$77.30
+2.5%
$97.00
+25.5%
-16.5%$738.06M$2.93B-4.2012,000
AMNI
American Noble Gas
N/AN/AN/AN/A$30,000.00$120,000.000.003High Trading Volume
BORR
Borr Drilling
3.509 of 5 stars
$4.05
+2.5%
$9.00
+122.2%
-36.0%$0.00$771.60M12.272,869
ENPH
Enphase Energy
4.62 of 5 stars
$66.29
+4.3%
$101.13
+52.6%
-33.8%$8.96B$2.29B150.663,157Analyst Forecast
Analyst Revision

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This page (NYSE:BTE) was last updated on 11/24/2024 by MarketBeat.com Staff
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