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Baytex Energy TSX:BTE Stock Report

Last Price

CA$3.28

Market Cap

CA$2.6b

7D

-8.1%

1Y

-26.6%

Updated

20 Dec, 2024

Data

Company Financials +

BTE Stock Overview

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. More details

BTE fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health3/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

Baytex Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Baytex Energy
Historical stock prices
Current Share PriceCA$3.28
52 Week HighCA$5.55
52 Week LowCA$3.19
Beta2.54
1 Month Change-21.90%
3 Month Change-23.19%
1 Year Change-26.62%
3 Year Change-10.38%
5 Year Change76.34%
Change since IPO82.22%

Recent News & Updates

Baytex Energy's (TSE:BTE) Dividend Will Be CA$0.0225

Dec 04
Baytex Energy's (TSE:BTE) Dividend Will Be CA$0.0225

Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Nov 07
Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Investors Aren't Buying Baytex Energy Corp.'s (TSE:BTE) Revenues

Nov 04
Investors Aren't Buying Baytex Energy Corp.'s (TSE:BTE) Revenues

Recent updates

Baytex Energy's (TSE:BTE) Dividend Will Be CA$0.0225

Dec 04
Baytex Energy's (TSE:BTE) Dividend Will Be CA$0.0225

Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Nov 07
Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Investors Aren't Buying Baytex Energy Corp.'s (TSE:BTE) Revenues

Nov 04
Investors Aren't Buying Baytex Energy Corp.'s (TSE:BTE) Revenues

Baytex Energy (TSE:BTE) Has Affirmed Its Dividend Of CA$0.0225

Aug 19
Baytex Energy (TSE:BTE) Has Affirmed Its Dividend Of CA$0.0225

Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Jul 30
Baytex Energy (TSE:BTE) Is Paying Out A Dividend Of CA$0.0225

Baytex Energy Corp.'s (TSE:BTE) Revenues Are Not Doing Enough For Some Investors

Jul 15
Baytex Energy Corp.'s (TSE:BTE) Revenues Are Not Doing Enough For Some Investors

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

Shareholder Returns

BTECA Oil and GasCA Market
7D-8.1%-4.5%-3.7%
1Y-26.6%11.1%15.0%

Return vs Industry: BTE underperformed the Canadian Oil and Gas industry which returned 11.1% over the past year.

Return vs Market: BTE underperformed the Canadian Market which returned 15% over the past year.

Price Volatility

Is BTE's price volatile compared to industry and market?
BTE volatility
BTE Average Weekly Movement5.7%
Oil and Gas Industry Average Movement6.4%
Market Average Movement8.2%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: BTE's weekly volatility (6%) 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$2.59b
Earnings (TTM)-CA$350.76m
Revenue (TTM)CA$3.36b

0.8x

P/S Ratio

-7.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BTE income statement (TTM)
RevenueCA$3.36b
Cost of RevenueCA$1.06b
Gross ProfitCA$2.30b
Other ExpensesCA$2.65b
Earnings-CA$350.76m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 04, 2025

Earnings per share (EPS)-0.44
Gross Margin68.54%
Net Profit Margin-10.45%
Debt/Equity Ratio56.8%

How did BTE perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

-21%

Payout Ratio

Does BTE pay a reliable dividends?

See BTE dividend history and benchmarks
When do you need to buy BTE by to receive an upcoming dividend?
Baytex Energy dividend dates
Ex Dividend DateDec 13 2024
Dividend Pay DateJan 02 2025
Days until Ex dividend8 days
Days until Dividend pay date12 days

Does BTE pay a reliable dividends?

See BTE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:36
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Baytex Energy Corp. is covered by 29 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Patrick O'RourkeATB Capital Markets
Laique Ahmad Amir ArifATB Capital Markets
Grant HoferBarclays