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Baytex Energy (BTE) Competitors

Baytex Energy logo

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

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), Precision Drilling (PDS), Borr Drilling (BORR), Nabors Industries (NBR), American Noble Gas (AMNI), and Antero Midstream (AM). These companies are all part of the "energy" sector.

Baytex Energy vs.

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

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

In the previous week, Patterson-UTI Energy had 19 more articles in the media than Baytex Energy. MarketBeat recorded 20 mentions for Patterson-UTI Energy and 1 mentions for Baytex Energy. Patterson-UTI Energy's average media sentiment score of 0.80 beat Baytex Energy's score of 0.00 indicating that Patterson-UTI Energy is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Patterson-UTI Energy
10 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Baytex Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Patterson-UTI Energy has a beta of 1.6, suggesting that its share price is 60% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 1.86, suggesting that its share price is 86% more volatile than the S&P 500.

Patterson-UTI Energy currently has a consensus target price of $11.21, suggesting a potential upside of 83.89%. Baytex Energy has a consensus target price of $5.50, suggesting a potential upside of 217.00%. Given Baytex Energy's higher probable upside, analysts plainly 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)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69
Baytex Energy
0 Sell rating(s)
3 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

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%

Patterson-UTI Energy pays an annual dividend of $0.32 per share and has a dividend yield of 5.3%. Baytex Energy pays an annual dividend of $0.06 per share and has a dividend yield of 3.5%. 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.

Patterson-UTI Energy received 323 more outperform votes than Baytex Energy when rated by MarketBeat users. However, 65.95% of users gave Baytex Energy an outperform vote while only 62.26% of users gave Patterson-UTI Energy an outperform vote.

CompanyUnderperformOutperform
Patterson-UTI EnergyOutperform Votes
815
62.26%
Underperform Votes
494
37.74%
Baytex EnergyOutperform Votes
492
65.95%
Underperform Votes
254
34.05%

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$5.38B0.44-$968.03M-$2.47-2.47
Baytex Energy$2.51B0.53-$172.87M-$0.30-5.78

Summary

Patterson-UTI Energy and Baytex Energy tied by winning 10 of the 20 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$1.98B$709.23M$7.02B$18.41B
Dividend Yield2.47%6.37%10.67%4.19%
P/E Ratio-5.784.9744.7231.09
Price / Sales0.532.1619,479.5326.55
Price / Cash1.743.2835.5617.53
Price / Book0.500.553.304.30
Net Income-$172.87M-$254.14M$4.30B$1.02B

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTE
Baytex Energy
2.3984 of 5 stars
$1.74
-35.7%
$5.50
+217.0%
-52.2%$1.98B$2.51B-5.78231News Coverage
PTEN
Patterson-UTI Energy
4.1603 of 5 stars
$5.75
-0.2%
$11.29
+96.4%
-47.0%$2.22B$5.38B-2.336,500Upcoming Earnings
Analyst Forecast
Short Interest ↓
News Coverage
Gap Up
VAL
Valaris
3.2437 of 5 stars
$30.98
-2.0%
$50.33
+62.5%
-53.4%$2.20B$2.36B6.035,450
RIG
Transocean
4.3045 of 5 stars
$2.22
-1.8%
$4.73
+113.1%
-59.8%$1.96B$3.52B-3.045,340Options Volume
News Coverage
HP
Helmerich & Payne
4.5004 of 5 stars
$19.21
flat
$31.78
+65.4%
-50.9%$1.91B$2.76B6.326,200Upcoming Earnings
HPK
HighPeak Energy
2.5231 of 5 stars
$8.69
-0.1%
$11.50
+32.3%
-39.1%$1.10B$1.07B6.8430
PDS
Precision Drilling
3.4738 of 5 stars
$41.81
-1.7%
$112.00
+167.9%
-35.1%$566.44M$1.90B7.773,350Upcoming Earnings
BORR
Borr Drilling
3.5148 of 5 stars
$1.94
-3.7%
$9.00
+365.1%
-64.7%$473.93M$1.01B6.05520Gap Up
NBR
Nabors Industries
2.8017 of 5 stars
$28.63
-0.6%
$71.17
+148.6%
-59.6%$274.96M$2.93B-1.2812,000
AMNI
American Noble Gas
N/AN/AN/A-99.6%$2,000.00$120,000.000.003
AM
Antero Midstream
3.6558 of 5 stars
$16.53
+2.5%
$16.50
-0.2%
+23.1%$7.91B$1.18B19.92590Short Interest ↓
Positive News

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This page (NYSE:BTE) was last updated on 4/20/2025 by MarketBeat.com Staff
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