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Baytex Energy Corp.NYSE:BTE 株式レポート

時価総額 US$2.8b
株価
n/a
1Y114.9%
7D-3.0%
1D-0.5%
ポートフォリオ価値
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Baytex Energy Corp.

NYSE:BTE 株式レポート

時価総額：US$2.8b

Baytex Energy（BTE）株式概要

エネルギー会社であるベイテックス・エナジー社は、カナダ西部堆積盆地で原油と天然ガスの獲得、開発、生産に従事している。 詳細

BTE ファンダメンタル分析
スノーフレーク・スコア
評価4/6
将来の成長3/6
過去の実績0/6
財務の健全性6/6
配当金2/6

報酬

当社が推定した公正価値より25.5%で取引されている

収益は年間105.22%増加すると予測されています

アナリストらは、株価が35%上昇するだろうとほぼ一致している。

リスク分析

過去3か月間に大規模なインサイダー売却が発生

1.62%の配当は利益で十分にカバーされていない


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Baytex Energy Corp. 競合他社

価格と性能

株価の高値、安値、推移の概要Baytex Energy
過去の株価
現在の株価CA$3.89
52週高値CA$5.36
52週安値CA$1.77
ベータ0.57
1ヶ月の変化-18.28%
3ヶ月変化-12.78%
1年変化114.92%
3年間の変化13.41%
5年間の変化105.06%
IPOからの変化-77.77%

最新ニュース

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

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

株主還元

BTEUS Oil and GasUS 市場
7D-3.0%-0.4%1.6%
1Y114.9%18.0%18.6%

業界別リターン: BTE過去 1 年間で18 % の収益を上げたUS Oil and Gas業界を上回りました。

リターン対市場: BTE過去 1 年間で18.6 % の収益を上げたUS市場を上回りました。

価格変動

Is BTE's price volatile compared to industry and market?
BTE volatility
BTE Average Weekly Movement6.5%
Oil and Gas Industry Average Movement6.2%
Market Average Movement7.3%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.2%

安定した株価: BTE 、 US市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。

時間の経過による変動: BTEの 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。

会社概要

設立従業員CEO（最高経営責任者ウェブサイト
1993370Chad Lundbergwww.baytexenergy.com

エネルギー会社であるBaytex Energy Corp.は、カナダ西部堆積盆地で原油と天然ガスの取得、開発、生産を行っている。軽油とコンデンセート、重油、天然ガス液、天然ガスを提供している。また、アルバータ州のデュヴェルネ鉱区とピース・リバー鉱区、アルバータ州とサスカチュワン州のロイドミンスター鉱区の100％権益を保有している。ベイテックス・エナジー社は1993年に設立され、カナダのカルガリーに本社を置いている。

Baytex Energy Corp. 基礎のまとめ

Baytex Energy の収益と売上を時価総額と比較するとどうか。
BTE 基礎統計学
時価総額US$2.82b
収益（TTM）-US$238.82m
売上高(TTM)US$1.05b
2.7x
P/Sレシオ
-11.8x
PER（株価収益率

BTE は割高か？

公正価値と評価分析を参照

収益と収入

最新の決算報告書（TTM）に基づく主な収益性統計
BTE 損益計算書（TTM）
収益CA$1.49b
売上原価CA$666.12m
売上総利益CA$821.16m
その他の費用CA$1.16b
収益-CA$339.17m

直近の収益報告

Mar 31, 2026

次回決算日

Jul 30, 2026

一株当たり利益（EPS）-0.47
グロス・マージン55.21%
純利益率-22.80%
有利子負債／自己資本比率4.1%

BTE の長期的なパフォーマンスは？

過去の実績と比較を見る

配当金

1.6%
現在の配当利回り
-20%
配当性向

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/07/06 08:58
終値2026/07/02 00:00
収益2026/03/31
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Baytex Energy Corp. 4 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。25

アナリスト機関
Patrick O'RourkeATB Cormark
Laique Ahmad Amir ArifATB Cormark
Jonathan FlemingATB Cormark Historical (Cormark Securities)