Baytex Energy Corp.

Report azionario NYSE:BTE

Capitalizzazione di mercato: US$3.4b

Baytex Energy Performance degli utili passati

Criteri Il passato verificati 0/6

Gli utili di Baytex Energy sono diminuiti a un tasso medio annuo di -56%, mentre il settore Oil and Gas ha visto gli utili crescere a un tasso medio annuo di 8.4%. I ricavi sono cresciuti crescere a un tasso medio annuo di 2.3%.

Informazioni chiave

-55.98%

Tasso di crescita degli utili

-56.19%

Tasso di crescita dell'EPS

Oil and Gas Crescita del settore33.67%
Tasso di crescita dei ricavi2.27%
Rendimento del capitale proprio-15.90%
Margine netto-22.80%
Prossimo aggiornamento sugli utili30 Jul 2026

Aggiornamenti sulle prestazioni recenti

Recent updates

Seeking Alpha • May 19

Baytex Energy: Some Catching Up Needed

Summary Baytex Energy Corp. remains a Strong Buy. However, that idea is contingent on management delivering meaningful breakeven cost reductions in its heavy oil operations. BTE's current WTI $48 breakeven is high for Clearwater, lagging peers like Tamarack Valley and Headwater Exploration in cost competitiveness. Financial position is solid post-Eagle Ford sale.  But operational optimization is critical before considering expansion into new ventures like thermal. Key risks include geopolitical uncertainty, CEO turnover, and the need for cost structure improvements to weather potential commodity price downturns. Read the full article on Seeking Alpha
Seeking Alpha • Mar 29

Baytex Energy: Early Signs Of Contrarian Investors Loading The Barrel

Summary I believe Baytex is undervalued, trading at just 1.3x forward cash flow and 60% of book value, with no goodwill on the books. I believe the company's 60% US-based production limits the impact of the new 10% Canadian energy import tariffs. That said, I’m concerned by a 33% qoq drop in institutional ownership last quarter, despite strong fundamentals and margin improvements. I’m leaning toward a contrarian buy, especially if Q1 13F filings show institutional buying activity returning. Read the full article on Seeking Alpha
Seeking Alpha • Mar 05

Baytex Energy: Costs Decline At The Right Time

Summary Baytex Energy's acquisition of Eagle Ford properties has led to confusion due to an impairment in fiscal year 2023. Eagle Ford properties have lower operating costs; however, they also have higher royalty costs. Management's non-core sales and operational improvements in Eagle Ford and Clearwater have further lowered production costs. Despite being a Canadian company, most production is in the U.S., making the impact of proposed tariffs unclear. Similarly, the debt is United States based, as is most of the production in the Eagle Ford. This limits currency risk of the debt in a different country. Read the full article on Seeking Alpha
Seeking Alpha • Dec 27

Baytex Energy: 2025 Guidance Does Not Alter My Buy Thesis

Summary Baytex Energy Corp. plans no production growth for fiscal year 2025. The return on Clearwater wells has declined because the company is using lower commodity prices for this budget. Technological advances may drive 0-4% production growth, depending on cost progress and production improvements. Management is cautious about fiscal year 2025. Both the Eagle Ford and Clearwater production growth and improvements should allow BTE profitability to increase. Read the full article on Seeking Alpha
Seeking Alpha • Dec 20

Baytex Energy: A Look At Its Outlook For 2025

Summary Baytex has met expectations for 2024, with production and capex at the midpoint of guidance. It may be able to generate US$320 million in 2025 free cash flow at high-$60s WTI oil strip. Baytex's value remains quite sensitive to oil prices, but I believe it is currently priced for a long-term price of slightly under $65 WTI oil. Baytex's debt remains a risk. This appears manageable to me, but it needs to reduce debt by around 35% to reach its debt target. Read the full article on Seeking Alpha
Seeking Alpha • Nov 26

Baytex Energy: A 'Scratch And Dent' Standout

Summary Baytex Energy Corp. is undervalued, trading at a 35% discount to book value, with strong fundamentals and catalysts in both U.S. and Canadian markets. Baytex's acquisition of Ranger Oil in the Eagle Ford basin has diversified its production, now over half of its daily output. The company is focused on reducing debt and returning capital to shareholders, with a free cash flow yield of 18% and attractive valuation multiples. BTE rates a strong buy for investors anticipating higher oil prices and improved market conditions for upstream E&P operators. Read the full article on Seeking Alpha
Seeking Alpha • Nov 18

Baytex Energy: Post Ranger Oil Acquisition Improving Results

Summary The assimilation and optimization costs related to the acquisition are fading. Clearwater production is rising as planned. This company may continue to post earnings that beat the industry expectations. The share repurchases are materially affecting shares outstanding. This is one of the few companies in a position to post strong earnings comparisons during a time of weak commodity prices. Read the full article on Seeking Alpha
Seeking Alpha • Oct 17

Baytex Energy: Solid Operational Performance, But Vulnerable To Lower Oil Prices

Summary Baytex has met expectations operationally, and is on track to meet its full-year guidance. Baytex's heavy oil production grew 8% quarter-over-quarter. WCS differentials have ended up slightly wider than previously expected, although still substantially improved compared to earlier in 2024. Baytex is on track to generate over US$450 million in 2024 free cash flow. Baytex's 2025 free cash flow may end up under US$300 million at current strip of high-$60s WTI oil, due to its lack of hedge protection above US$60 WTI oil. Read the full article on Seeking Alpha
Seeking Alpha • Sep 27

Baytex Energy: 'But The Stock Price...'

Summary Baytex Energy's stock price is temporarily depressed due to a large shareholder from the Ranger Oil acquisition selling shares. The Eagle Ford acreage is delivering anticipated improvements. This enables far more Clearwater production, which earns a 500% return. The startup of the Trans Mountain Pipeline Expansion is keeping the heavy oil discount historically tight (for the time being). The market will eventually recognize the operational progress and improved outlook. The Eagle Ford acquisition meant that Eagle Ford operations were now mostly operated by Baytex, whereas before the acquisition, the acreage was non-operated. Read the full article on Seeking Alpha
Seeking Alpha • Jul 26

Baytex Energy: Per Share Production Up 23%

Summary Baytex Energy Corp. per share production is up sharply due to the acquisition. Clearwater wells return 500% at least in the current environment. Acquisition of Ranger Oil added much-needed light oil production. This supports the expansion of the heavy oil business. United States earnings from Eagle Ford are likely offsetting any unfavorable currency effects on the debt.  In short, there is no unfavorable currency effect on the debt. Earnings per share are now positioned to grow for years to come. Read the full article on Seeking Alpha
Seeking Alpha • Jun 06

Baytex Energy: Narrower WCS Differentials Partially Offset Lower Oil Prices

Summary With the Trans Mountain Pipeline expansion, WCS differentials have narrowed to near negative US$12, which is a US$7 improvement compared to Q1 2024. This partially offsets the impact of weaker oil prices, with 2H 2024 WTI strip at around $73 now. Baytex's Q1 2024 results were in line with expectations, and its full-year guidance remains unchanged. It is now projected to generate US$472 million in 2024 free cash flow at current strip. Read the full article on Seeking Alpha
Seeking Alpha • May 10

Baytex Energy: Some Patience Needed

Summary Baytex Energy posted a slight loss for Q1 due to non-cash issues, but cash flow grew at a healthy pace. Operational improvements are a priority for management to improve the situation. The large cash flow increase bodes well for debt repayment and potentially larger dividends. This company has changed from a Canadian heavy oil producer to an Eagle Ford (United States) producer with heavy oil production. The company now also controls most of its Eagle Ford production. Read the full article on Seeking Alpha
Seeking Alpha • Mar 21

Baytex Energy: Projected 2024 Free Cash Flow Improves To Over US$500 Million

Summary Baytex is now projected to generate US$528 million in 2024 free cash flow at the current strip. This is US$138 million higher than it forecast in December 2023, as it benefits from improved oil prices and collars with a ceiling above the current strip. It paid approximately US$44 million for US$200 million in insurance related to its Canadian tax dispute. The cost of that policy suggests a high (75+%) chance of BTE winning that dispute. Read the full article on Seeking Alpha
Seeking Alpha • Mar 04

Baytex Energy: One Of Best E&Ps For Oil Bulls

Summary Baytex Energy's cash flows are very levered to oil prices. The company expects to generate C$575 million in free cash flow this year based on current strip prices, but at higher oil prices, it could double. The stock could see some near-term pressure as new shares open up to trade following an acquisition last year. Read the full article on Seeking Alpha
Seeking Alpha • Feb 19

Baytex Energy Is Worth Some Thought

Summary Financial advisors dismiss value investors in favor of metrics like growth and relative price to earnings. Valuation experts are shifting to using a modified Black Scholes analysis to value commodity-based companies. Black-Scholes approach values reserves based on the theory that if profitable development is possible, reserve value can be assessed with reasonable accuracy. Valuation of Baytex reserves provides evidence Baytex shares are undervalued in the market. Read the full article on Seeking Alpha
Seeking Alpha • Jan 18

Baytex Energy May Be The Most Undervalued Energy Stock On My Radar

Summary Baytex Energy is a Canadian driller with a dual listing in Toronto and New York, focusing on oil production and transitioning to a healthier state. The company has improved its business in recent years, achieving operational efficiency and productivity, increasing shareholder returns, and introducing a dividend. Baytex Energy has a clear plan for debt reduction, distribution of free cash flow to shareholders, and aims to generate significant free cash flow in the future as oil prices increase. Read the full article on Seeking Alpha
Seeking Alpha • Dec 17

Baytex: Downgrading To 'Buy' On Lower Oil Price Assumptions

Summary Baytex Energy recently provided 2024 and later-year guidance, looking for moderate production growth going forward. The company's FCF guidance was disappointing, given lower oil price assumptions. BTE's stock remains cheap, but is a more speculative play given its debt load and sensitivities to oil prices. Read the full article on Seeking Alpha
Seeking Alpha • Dec 05

Baytex Energy: Solid Operational Performance, But Lowered Free Cash Flow Expectations

Summary Baytex Energy's free cash flow should increase in Q4 2023 to around CAD$325 million (US$241 million). BTE's Q3 2023 performance was in line with expectations, but reduced capex should help boost Q4 2023 free cash flow. It is involved in a Canadian tax dispute that could cost it over US$300 million, although this won't be resolved for multiple years. The Company's estimated value has been trimmed to CAD$6.75 (US$5.00) to reflect the impact of lower near-term commodity prices and the potential tax settlement costs. Read the full article on Seeking Alpha
Seeking Alpha • Nov 03

Baytex Energy: Choosing Between Profits And More Profits

Summary Baytex Energy Corp. has the choice between developing a profitable Eagle Ford basin or a more profitable Clearwater acreage. Clearwater play has low breakeven points and could generate cash flow, but heavy oil production may be shut in during commodity price downturns. Management has prioritized a low debt ratio balance sheet and light oil production to ensure reasonable results during weak commodity prices. The newly acquired Eagle Ford acreage appears to be in a position to show material production improvement. Current high prices make the latest acquisition more of a bargain while allowing an earlier debt reduction to desired levels. Read the full article on Seeking Alpha
Seeking Alpha • Oct 04

Baytex Energy: Taking Advantage Of A Good Deal

Summary Baytex Energy's acquisition of Ranger Oil was an excellent bargain. Rising oil prices increase the value of this bargain. The other non-operated Eagle Ford acreage could be more highly valued now that there is operating acreage to go with it. That is now a far more typical setup. Light Oil is a premium product with a more reliable cash flow in a downturn. Baytex is now mostly a light oil producer even though it began as a heavy oil producer. The company is now materially different from the company that reported second-quarter results. Read the full article on Seeking Alpha
Seeking Alpha • Sep 04

Baytex Energy: Strong Oil Prices Push Projected H2 2023 FCF Above US$400 Million

Summary Baytex Energy is projected to generate US$426 million in 2H 2023 free cash flow. It benefits from strong oil prices and narrower WCS differentials and has wide WTI oil collars with a ceiling of US$100. BTE may be able to put US$200 million towards share repurchases in 2H 2023. The estimated value has improved to US$5.50 at long-term $75 WTI oil, assuming narrower WCS differentials continue. Read the full article on Seeking Alpha
Seeking Alpha • Jul 28

Baytex Energy: Is The Stock Still Dirt Cheap?

Summary Baytex Energy Corp. has reported Q2 2023 financial results. Net income per share rocketed to $.37, and the EPS for the first half of the year climbed to $.47 from $.42 compared to last year. We look at whether Baytex's stock is still cheap following the 5% rise in its share price. Read the full article on Seeking Alpha

Ripartizione dei ricavi e delle spese

Come Baytex Energy guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.

Storico di utili e ricavi

NYSE:BTE Ricavi, spese e utili (CAD Millions )
DataRicaviUtiliSpese G+ASpese di R&S
31 Mar 261,487-3391180
31 Dec 251,481-277920
30 Sep 25945-206660
30 Jun 251,049-53540
31 Mar 251,233-101570
31 Dec 241,613-97700
30 Sep 243,355-351970
30 Jun 243,428-4091120
31 Mar 243,026-2991180
31 Dec 232,713-2331070
30 Sep 232,4037451230
30 Jun 232,0458831030
31 Mar 232,237850850
31 Dec 222,326856790
30 Sep 222,2511,066600
30 Jun 222,084834570
31 Mar 221,7621,706560
31 Dec 211,5291,614520
30 Sep 211,2731,272480
30 Jun 211,0871,215460
31 Mar 2185024430
31 Dec 20812-2,439440
30 Sep 20985-2,778450
30 Jun 201,122-2,739480
31 Mar 201,393-2,522540
31 Dec 191,486-12610
30 Sep 191,396-126680
30 Jun 191,391-114720
31 Mar 191,266-251700
31 Dec 181,115-325650
30 Sep 181,070-18590
30 Jun 18929-55560
31 Mar 1887613610
31 Dec 1785887630
30 Sep 17802-348630
30 Jun 17751-378670
31 Mar 17686-475630
31 Dec 16602-485650
30 Sep 16605-545670
30 Jun 16661-1,025680
31 Mar 16772-966780
31 Dec 15880-1,143840
30 Sep 151,071-1,086910
30 Jun 151,346-422960

Guadagni di qualità: BTE al momento non è redditizia.

Margine di profitto in crescita: BTE al momento non è redditizia.

Flusso di cassa libero e analisi degli utili

Analisi della crescita degli utili nel passato

Andamento degli utili: BTE non è redditizia e le perdite sono aumentate negli ultimi 5 anni a un tasso pari a 56% all'anno.

Accelerare la crescita: Impossibile confrontare la crescita degli utili di BTE nell'ultimo anno con la sua media quinquennale poiché al momento non è redditizia

Guadagni vs Settore: BTE non è redditizia, il che rende difficile confrontare la crescita dei suoi utili dell'anno passato con il settore Oil and Gas ( 6% ).

Rendimento del capitale proprio

ROE elevato: BTE ha un Return on Equity negativo ( -15.9% ), in quanto al momento non è redditizio.

Rendimento delle attività

Rendimento del capitale investito

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Analisi aziendale e situazione dei dati finanziari

DatiUltimo aggiornamento (ora UTC)
Analisi dell'azienda2026/06/10 13:43
Prezzo dell'azione a fine giornata2026/06/10 00:00
Utili2026/03/31
Utili annuali2025/12/31

Fonti dei dati

I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.

PacchettoDatiTempisticaEsempio Fonte USA *
Dati finanziari della società10 anni
  • Conto economico
  • Rendiconto finanziario
  • Bilancio
Stime di consenso degli analisti+3 anni
  • Previsioni finanziarie
  • Obiettivi di prezzo degli analisti
Prezzi di mercato30 anni
  • Prezzi delle azioni
  • Dividendi, scissioni e azioni
Proprietà10 anni
  • Top azionisti
  • Insider trading
Gestione10 anni
  • Team di leadership
  • Consiglio di amministrazione
Sviluppi principali10 anni
  • Annunci aziendali

* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.

Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.

Modello di analisi e Snowflake

I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.

Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.

Metriche di settore e industriali

Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.

Fonti analitiche

Baytex Energy Corp. è coperta da 24 analisti. 4 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.

AnalistaIstituzione
Patrick O'RourkeATB Cormark
Laique Ahmad Amir ArifATB Cormark
Jonathan FlemingATB Cormark Historical (Cormark Securities)