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Baytex Energy Corp. (BTE)
:BTE
Holding BTE?
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BTE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$2.20 - $4.08
Previous Close$2.73
Volume18.97M
Average Volume (3M)15.52M
Market Cap
$2.13B
Enterprise Value$5.50B
Total Cash (Recent Filing)$2.71M
Total Debt (Recent Filing)$1.75B
Price to Earnings (P/E)―
Beta0.85
Next Earnings
Feb 20, 2025EPS Estimate
0.08Last Dividend Ex-Date
Dec 13, 2024Dividend Yield2.5%
Share Statistics
EPS (TTM)-0.30
Shares Outstanding787,328,000
10 Day Avg. Volume21,320,496
30 Day Avg. Volume15,521,317
Standard Deviation0.17
R-Squared0.00441
Alpha0.04
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.90
Price to Cash Flow (P/CF)1.40
P/FCF Ratio2.60
Enterprise Value/Market Cap2.58
Enterprise Value/Revenue1.37
Enterprise Value/Gross Profit7.05
Enterprise Value/Ebitda4.46
Forecast
1Y Price Target
$3.69Price Target Upside39.77% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering6
Baytex Energy News
PremiumCompany Announcements
Baytex Energy Sells Asset to Reduce Debt
PremiumCompany Announcements
Baytex Energy Reveals 2025 Budget StrategyPremiumCompany Announcements
Baytex Energy Reports Robust Q3 2024 Results
PremiumCompany Announcements
Baytex Energy Corp. Reports Strong Q3 2024 Results
PremiumCompany Announcements
Baytex Energy’s Strong Q3 Performance and Shareholder Returns
PremiumCompany Announcements
Baytex Energy to Announce Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Cash Flow And ProductionQuarterly production and cash flow exceeded expectations, which should please investors.
Operational ImprovementQ3 results were ahead of expectations, with an 8% year-over-year operational improvement, which should please investors.
Well PerformanceBaytex has some of the best well results in the Clearwater, combined with recent encouraging IP rates in the Duvernay and a heavy oil fairway that continues to see more multi-lateral success, indicating plenty of potential upside.
Bears Say
Company Growth ExpectationsAlthough there is potential upside, there is a desire for higher growth and value creation from the company.
Production VolumesA reduction in non-operated Eagle Ford volumes is expected due to reduced activity.
Stock Target PriceThe target price is being lowered to reflect volatility and lower crude price assumptions, along with slightly higher cash costs.
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Ownership Overview
25.38% Insiders
4.39% Mutual Funds
0.06% Other Institutional Investors
64.47% Public Companies and Individual Investors
BTE FAQ
What was Baytex Energy Corp.’s price range in the past 12 months?
Baytex Energy Corp. lowest stock price was $2.19 and its highest was $4.08 in the past 12 months.
What is Baytex Energy Corp.’s market cap?
Baytex Energy Corp.’s market cap is $2.13B.
When is Baytex Energy Corp.’s upcoming earnings report date?
Baytex Energy Corp.’s upcoming earnings report date is Feb 20, 2025 which is in 29 days.
How were Baytex Energy Corp.’s earnings last quarter?
Baytex Energy Corp. released its earnings results on Oct 31, 2024. The company reported $0.159 earnings per share for the quarter, missing the consensus estimate of $0.219 by -$0.06.
Is Baytex Energy Corp. overvalued?
According to Wall Street analysts Baytex Energy Corp.’s price is currently Undervalued.
Does Baytex Energy Corp. pay dividends?
Baytex Energy Corp. pays a Semiannually dividend of $0.015 which represents an annual dividend yield of 2.5%. See more information on Baytex Energy Corp. dividends here
What is Baytex Energy Corp.’s EPS estimate?
Baytex Energy Corp.’s EPS estimate is 0.08.
How many shares outstanding does Baytex Energy Corp. have?
Baytex Energy Corp. has 787,328,000 shares outstanding.
What happened to Baytex Energy Corp.’s price movement after its last earnings report?
Baytex Energy Corp. reported an EPS of $0.159 in its last earnings report, missing expectations of $0.219. Following the earnings report the stock price went up 3.203%.
Which hedge fund is a major shareholder of Baytex Energy Corp.?
Currently, no hedge funds are holding shares in BTE
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Baytex Energy Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$3.69 (39.77% Upside)
$3.69 (39.77% Upside)
Blogger Sentiment
Bullish
BTE Sentiment 70%
Sector Average 73%
Sector Average 73%
Insider Transactions
Bought Shares
Worth $34.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.8%
Last 30 Days ▲ 7.6%
Last 30 Days ▲ 7.6%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.32%
12-Months-Change
Fundamentals
Return on Equity
-8.01%
Trailing 12-Months
Asset Growth
-14.82%
Trailing 12-Months
Company Description
Baytex Energy Corp.
Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.
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BTE Company Deck
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BTE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong operational and financial performance for Baytex Energy in Q3 2024, marked by significant free cash flow generation, increased production, and operational efficiency. The company has made notable progress in reducing debt and returning value to shareholders. However, the high overall debt levels and moderated growth strategy due to current market conditions present challenges. The positive aspects of operational efficiency and shareholder returns outweigh the concerns over debt and growth moderation.Read More>---
BTE Stock 12 Month Forecast
Average Price Target
$3.69
▲(39.77% Upside)
Technical Analysis
Best Analysts Covering BTE
1 Year
1 Year Success Rate
2/25 ratings generated profit
1 Year Average Return
-32.44%
reiterated a buy rating 8 days ago
Copying Gregory Pardy's trades and holding each position for 1 Year would result in 8.00% of your transactions generating a profit, with an average return of -32.44% per trade.
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