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Baytex Energy TSX:BTE Stock Report

Last Price

CA$4.98

Market Cap

CA$4.1b

7D

-5.0%

1Y

-2.2%

Updated

18 Apr, 2024

Data

Company Financials +

BTE Stock Overview

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States.

BTE fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends1/6

Baytex Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Baytex Energy
Historical stock prices
Current Share PriceCA$4.98
52 Week HighCA$6.37
52 Week LowCA$3.83
Beta2.78
1 Month Change5.96%
3 Month Change23.88%
1 Year Change-2.16%
3 Year Change301.61%
5 Year Change79.78%
Change since IPO176.67%

Recent News & Updates

Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost

Apr 11
Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost

Recent updates

Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost

Apr 11
Market Might Still Lack Some Conviction On Baytex Energy Corp. (TSE:BTE) Even After 25% Share Price Boost

Baytex Energy Corp. (TSE:BTE) Looks Inexpensive But Perhaps Not Attractive Enough

Dec 28
Baytex Energy Corp. (TSE:BTE) Looks Inexpensive But Perhaps Not Attractive Enough

Is Baytex Energy (TSE:BTE) A Risky Investment?

Nov 29
Is Baytex Energy (TSE:BTE) A Risky Investment?

Baytex Energy Corp.'s (TSE:BTE) Intrinsic Value Is Potentially 63% Above Its Share Price

Nov 08
Baytex Energy Corp.'s (TSE:BTE) Intrinsic Value Is Potentially 63% Above Its Share Price

We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt

Aug 31
We Think Baytex Energy (TSE:BTE) Is Taking Some Risk With Its Debt

Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt

Apr 08
Baytex Energy (TSE:BTE) Takes On Some Risk With Its Use Of Debt

New Forecasts: Here's What Analysts Think The Future Holds For Baytex Energy Corp. (TSE:BTE)

Mar 03
New Forecasts: Here's What Analysts Think The Future Holds For Baytex Energy Corp. (TSE:BTE)

Are Baytex Energy Corp. (TSE:BTE) Investors Paying Above The Intrinsic Value?

Dec 27
Are Baytex Energy Corp. (TSE:BTE) Investors Paying Above The Intrinsic Value?

Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly

Dec 06
Here's Why Baytex Energy (TSE:BTE) Can Manage Its Debt Responsibly

Is There An Opportunity With Baytex Energy Corp.'s (TSE:BTE) 48% Undervaluation?

Aug 15
Is There An Opportunity With Baytex Energy Corp.'s (TSE:BTE) 48% Undervaluation?

Here's Why Baytex Energy (TSE:BTE) Has Caught The Eye Of Investors

Jun 22
Here's Why Baytex Energy (TSE:BTE) Has Caught The Eye Of Investors

Is Baytex Energy (TSE:BTE) A Risky Investment?

May 26
Is Baytex Energy (TSE:BTE) A Risky Investment?

Shareholder Returns

BTECA Oil and GasCA Market
7D-5.0%-2.6%-2.1%
1Y-2.2%13.1%3.6%

Return vs Industry: BTE underperformed the Canadian Oil and Gas industry which returned 13.1% over the past year.

Return vs Market: BTE underperformed the Canadian Market which returned 3.6% over the past year.

Price Volatility

Is BTE's price volatile compared to industry and market?
BTE volatility
BTE Average Weekly Movement5.3%
Oil and Gas Industry Average Movement6.7%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: BTE has not had significant price volatility in the past 3 months.

Volatility Over Time: BTE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1993n/aEric Greagerwww.baytexenergy.com

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It also holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta.

Baytex Energy Corp. Fundamentals Summary

How do Baytex Energy's earnings and revenue compare to its market cap?
BTE fundamental statistics
Market capCA$4.09b
Earnings (TTM)-CA$233.36m
Revenue (TTM)CA$2.71b

1.5x

P/S Ratio

-17.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BTE income statement (TTM)
RevenueCA$2.71b
Cost of RevenueCA$933.99m
Gross ProfitCA$1.78b
Other ExpensesCA$2.01b
Earnings-CA$233.36m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 09, 2024

Earnings per share (EPS)-0.28
Gross Margin65.57%
Net Profit Margin-8.60%
Debt/Equity Ratio63.0%

How did BTE perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

-14%

Payout Ratio
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