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Baytex Energy (BTE) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

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

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include Valaris (VAL), Transocean (RIG), Patterson-UTI Energy (PTEN), Helmerich & Payne (HP), HighPeak Energy (HPK), Precision Drilling (PDS), Borr Drilling (BORR), Nabors Industries (NBR), Independence Contract Drilling (ICD), and American Noble Gas (AMNI). These companies are all part of the "drilling oil & gas wells" industry.

Baytex Energy vs.

Valaris (NYSE:VAL) 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 risk, community ranking, institutional ownership, valuation, profitability, media sentiment, analyst recommendations, earnings and dividends.

Valaris has a net margin of 44.93% compared to Valaris' net margin of -7.65%. Valaris' return on equity of 12.51% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Valaris44.93% 3.81% 1.62%
Baytex Energy -7.65%12.51%6.52%

In the previous week, Valaris had 3 more articles in the media than Baytex Energy. MarketBeat recorded 4 mentions for Valaris and 1 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 1.30 beat Valaris' score of 0.00 indicating that Valaris is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Valaris
4 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Baytex Energy
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Valaris$1.78B3.14$865.40M$11.436.77
Baytex Energy$2.51B1.20-$172.87M-$0.18-20.44

Valaris currently has a consensus target price of $99.20, suggesting a potential upside of 28.17%. Baytex Energy has a consensus target price of $8.00, suggesting a potential upside of 117.39%. Given Valaris' higher probable upside, analysts clearly believe Baytex Energy is more favorable than Valaris.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Valaris
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Baytex Energy
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Valaris has a beta of 1.2, indicating that its stock price is 20% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 2, indicating that its stock price is 100% more volatile than the S&P 500.

Baytex Energy received 480 more outperform votes than Valaris when rated by MarketBeat users. Likewise, 66.31% of users gave Baytex Energy an outperform vote while only 36.36% of users gave Valaris an outperform vote.

CompanyUnderperformOutperform
ValarisOutperform Votes
12
36.36%
Underperform Votes
21
63.64%
Baytex EnergyOutperform Votes
492
66.31%
Underperform Votes
250
33.69%

96.7% of Valaris shares are owned by institutional investors. Comparatively, 46.2% of Baytex Energy shares are owned by institutional investors. 0.1% of Valaris shares are owned by company insiders. Comparatively, 0.8% of Baytex Energy shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Valaris beats Baytex Energy on 10 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 BTE 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$3.01B$1.24B$8.48B$17.88B
Dividend Yield1.80%3.58%11.59%3.50%
P/E Ratio-20.445.2310.4322.61
Price / Sales1.202.7878.2810.18
Price / Cash2.499.099.6919.14
Price / Book1.040.803.015.90
Net Income-$172.87M-$199.48M$976.81M$976.46M

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
VAL
Valaris
3.3298 of 5 stars
$77.40
+2.4%
$99.20
+28.2%
+27.3%$5.60B$1.78B6.775,985Positive News
RIG
Transocean
2.0443 of 5 stars
$6.20
+5.1%
$7.70
+24.2%
+1.2%$5.08B$2.83B-11.925,800
PTEN
Patterson-UTI Energy
4.832 of 5 stars
$11.02
+4.2%
$15.67
+42.2%
+7.3%$4.43B$4.15B16.2110,600Options Volume
HP
Helmerich & Payne
2.6181 of 5 stars
$38.06
+3.1%
$42.00
+10.4%
+19.9%$3.76B$2.87B10.876,200Analyst Revision
Negative News
HPK
HighPeak Energy
1.5829 of 5 stars
$15.78
+1.0%
$23.60
+49.6%
+22.4%$2.02B$1.11B12.7348Short Interest ↑
High Trading Volume
PDS
Precision Drilling
2.2506 of 5 stars
$74.56
+2.6%
$48.00
-35.6%
+70.6%$1.08B$1.44B6.555,560Gap Up
BORR
Borr Drilling
2.1817 of 5 stars
$6.89
+2.7%
$9.00
+30.6%
-5.9%$1.05B$771.60M40.532,869Dividend Announcement
Short Interest ↓
NBR
Nabors Industries
1.7792 of 5 stars
$74.76
+4.0%
$124.75
+66.9%
-14.6%$800.08M$3.05B-5.4112,000Gap Up
ICD
Independence Contract Drilling
0.2233 of 5 stars
$1.45
flat
N/A-47.7%$22.06M$210.11M-0.44450Analyst Forecast
News Coverage
AMNI
American Noble Gas
0 of 5 stars
$0.04
+113.0%
N/A-26.1%$910,000.00$120,000.00-0.293Gap Up

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This page (NYSE:BTE) was last updated on 6/2/2024 by MarketBeat.com Staff

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