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Baytex Energy (BTE) Competitors

Baytex Energy logo

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

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

Baytex Energy vs.

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

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
Baytex Energy-8.26% 12.27% 6.29%
Transocean -18.81%-1.48%-0.77%

Transocean received 429 more outperform votes than Baytex Energy when rated by MarketBeat users. However, 66.13% of users gave Baytex Energy an outperform vote while only 51.57% of users gave Transocean an outperform vote.

CompanyUnderperformOutperform
Baytex EnergyOutperform Votes
492
66.13%
Underperform Votes
252
33.87%
TransoceanOutperform Votes
921
51.57%
Underperform Votes
865
48.43%

Baytex Energy has a beta of 1.92, suggesting that its stock price is 92% more volatile than the S&P 500. Comparatively, Transocean has a beta of 2.75, suggesting that its stock price is 175% more volatile than the S&P 500.

Baytex Energy pays an annual dividend of $0.07 per share and has a dividend yield of 2.7%. Transocean pays an annual dividend of $0.60 per share and has a dividend yield of 15.2%. Baytex Energy pays out -23.3% of its earnings in the form of a dividend. Transocean pays out -80.0% 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. Transocean is clearly the better dividend stock, given its higher yield and lower payout ratio.

46.2% of Baytex Energy shares are held by institutional investors. Comparatively, 67.7% of Transocean shares are held by institutional investors. 0.8% of Baytex Energy shares are held by company insiders. Comparatively, 13.2% of Transocean shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Baytex Energy has higher earnings, but lower revenue 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
Baytex Energy$2.51B0.80-$172.87M-$0.30-8.60
Transocean$3.31B1.04-$954M-$0.75-5.27

Baytex Energy presently has a consensus target price of $5.50, suggesting a potential upside of 113.18%. Transocean has a consensus target price of $6.25, suggesting a potential upside of 58.23%. Given Baytex Energy's higher possible upside, research analysts clearly believe Baytex Energy is more favorable than Transocean.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baytex Energy
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Transocean
1 Sell rating(s)
4 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Transocean had 37 more articles in the media than Baytex Energy. MarketBeat recorded 39 mentions for Transocean and 2 mentions for Baytex Energy. Transocean's average media sentiment score of 0.22 beat Baytex Energy's score of 0.00 indicating that Transocean is being referred to more favorably in the news media.

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

Summary

Transocean 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 {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$2.01B$1.02B$8.75B$19.15B
Dividend Yield2.56%4.54%11.66%3.65%
P/E Ratio-8.603.1112.9439.81
Price / Sales0.802.2454.8219.19
Price / Cash1.766.4510.9721.30
Price / Book0.750.624.065.41
Net Income-$172.87M-$225.86M$954.17M$990.61M

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BTE
Baytex Energy
2.3622 of 5 stars
$2.58
+4.9%
$5.50
+113.2%
-22.3%$2.01B$2.51B-8.60231Short Interest ↑
RIG
Transocean
3.631 of 5 stars
$3.67
+4.0%
$6.25
+70.3%
-40.9%$3.21B$3.31B-4.895,800News Coverage
Gap Up
PTEN
Patterson-UTI Energy
4.3638 of 5 stars
$8.15
+3.8%
$11.71
+43.7%
-23.5%$3.18B$5.80B-3.7210,600Positive News
Gap Up
HP
Helmerich & Payne
3.8788 of 5 stars
$31.46
+2.3%
$38.57
+22.6%
-11.6%$3.11B$2.76B9.156,200Analyst Revision
Gap Up
VAL
Valaris
4.1655 of 5 stars
$42.87
+4.5%
$64.33
+50.1%
-35.5%$3.05B$2.26B2.945,985
HPK
HighPeak Energy
2.4476 of 5 stars
$14.88
+3.2%
$14.00
-5.9%
+3.2%$1.88B$1.14B11.7230Positive News
BORR
Borr Drilling
3.5229 of 5 stars
$3.69
+2.5%
$9.00
+143.9%
-47.0%$932.03M$968.10M11.182,869Short Interest ↑
Gap Up
High Trading Volume
PDS
Precision Drilling
3.6978 of 5 stars
$59.43
+3.0%
$112.00
+88.5%
+12.5%$829.29M$1.94B5.025,560Positive News
NBR
Nabors Industries
2.6213 of 5 stars
$54.48
+6.4%
$97.00
+78.0%
-30.0%$583.43M$2.93B-2.9612,000Gap Up
AMNI
American Noble Gas
N/AN/AN/AN/A$0.00$120,000.000.003
AM
Antero Midstream
3.5398 of 5 stars
$15.17
+0.4%
$15.00
-1.1%
+20.4%$7.30B$1.15B18.73590Analyst Upgrade

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This page (NYSE:BTE) was last updated on 1/2/2025 by MarketBeat.com Staff
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