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Baytex Energy Corp.NYSE:BTE Voorraadrapport

Marktkapitalisatie US$3.0b
Prijs aandeel
n/a
1Y125.5%
7D5.7%
1D0.7%
Portefeuillewaarde
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Baytex Energy Corp.

NYSE:BTE Voorraadrapport

Marktkapitalisatie: US$3.0b

Baytex Energy (BTE) Aandelenoverzicht

Baytex Energy Corp. is een energiebedrijf dat zich bezighoudt met de verwerving, ontwikkeling en productie van ruwe olie en aardgas in het West-Canadese Sedimentaire Bekken. Meer informatie

Beloningen

Verhandeld tegen 17% onder onze schatting van de reële waarde

De winst zal naar verwachting met 105.22% per jaar groeien

Analisten zijn het erover eens dat de aandelenkoers met 26.4% zal stijgen

Risicoanalyse

Aanzienlijke insider-verkoop in de afgelopen 3 maanden

Dividend van 1.51% wordt niet goed gedekt door de winst


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Baytex Energy Corp. Concurrenten

Prijsgeschiedenis en prestaties

Overzicht van hoogtepunten, dieptepunten en veranderingen in de aandelenkoersen voor Baytex Energy
Historische aandelenkoersen
Huidige aandelenkoersCA$4.24
52 Week HoogtepuntCA$5.36
52 Week LaagCA$1.81
Bèta0.57
1 maand verandering-8.62%
3 maanden verandering0.71%
1 Jaar Verandering125.53%
3 jaar verandering19.10%
5 jaar verandering170.06%
Verandering sinds IPO-75.77%

Recent nieuws en 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

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

Rendement voor aandeelhouders

BTEUS Oil and GasUS Markt
7D5.7%3.7%0.2%
1Y125.5%25.6%19.6%

Rendement versus industrie: BTE overtrof de US Oil and Gas industrie, die het afgelopen jaar een rendement 25.6 % opleverde.

Rendement versus markt: BTE overtrof de US markt, die het afgelopen jaar een rendement opleverde van 19.6 %.

Prijsvolatiliteit

Is BTE's price volatile compared to industry and market?
BTE volatility
BTE Average Weekly Movement6.3%
Oil and Gas Industry Average Movement6.0%
Market Average Movement7.2%
10% most volatile stocks in US Market16.6%
10% least volatile stocks in US Market3.2%

Stabiele aandelenkoers: BTE heeft de afgelopen 3 maanden geen significante prijsvolatiliteit gekend vergeleken met de US markt.

Volatiliteit in de loop van de tijd: De wekelijkse volatiliteit ( 6% ) van BTE is het afgelopen jaar stabiel geweest.

Over het bedrijf

OpgerichtWerknemersCEOWebsite
1993370Chad Lundbergwww.baytexenergy.com

Baytex Energy Corp., een energiebedrijf, houdt zich bezig met het verwerven, ontwikkelen en produceren van ruwe olie en aardgas in het West-Canadese Sedimentaire Bekken. Het biedt lichte olie en condensaat, zware olie, aardgasvloeistoffen en aardgas. Het bedrijf heeft ook een 100% belang in Duvernay en Peace River eigendommen in Alberta; en Lloydminster eigendommen in Alberta en Saskatchewan.

Baytex Energy Corp. Samenvatting

Hoe verhouden de winst en inkomsten van Baytex Energy zich tot de beurswaarde?
BTE fundamentele statistieken
MarktkapitalisatieUS$3.02b
Inkomsten(TTM)-US$241.11m
Inkomsten(TTM)US$1.06b
2.9x
P/S-verhouding
-12.5x
Koers/Winstverhouding

Is BTE overgewaardeerd?

Zie Reële waarde en waarderingsanalyse

Inkomsten en omzet

Belangrijkste winstgevendheidsstatistieken uit het laatste winstverslag (TTM)
BTE resultatenrekening (TTM)
InkomstenCA$1.49b
Kosten van inkomstenCA$666.12m
BrutowinstCA$821.16m
Overige uitgavenCA$1.16b
Inkomsten-CA$339.17m

Laatst gerapporteerde inkomsten

Mar 31, 2026

Volgende inkomensdatum

Jul 30, 2026

Winst per aandeel (EPS)-0.48
Brutomarge55.21%
Nettowinstmarge-22.80%
Schuld/Eigen Vermogen Verhouding4.1%

Hoe presteerde BTE op de lange termijn?

Bekijk historische prestaties en vergelijking

Dividenden

1.5%
Huidig dividendrendement
-20%
Uitbetalingsratio

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/07/14 13:31
Aandelenkoers aan het einde van de dag2026/07/14 00:00
Inkomsten2026/03/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Baytex Energy Corp. wordt gevolgd door 25 analisten. 4 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.

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