Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States.
Fair value with imperfect balance sheet.
Share Price & News
How has Baytex Energy's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: B5X's share price has been volatile over the past 3 months.
7 Day Return
DE Oil and Gas
1 Year Return
DE Oil and Gas
Return vs Industry: B5X underperformed the German Oil and Gas industry which returned 44.3% over the past year.
Return vs Market: B5X underperformed the German Market which returned 8.3% over the past year.
Price Volatility Vs. Market
How volatile is Baytex Energy's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Baytex Energy undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: B5X (€0.34) is trading below our estimate of fair value (€10.38)
Significantly Below Fair Value: B5X is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: B5X is unprofitable, so we can't compare its PE Ratio to the XE Oil and Gas industry average.
PE vs Market: B5X is unprofitable, so we can't compare its PE Ratio to the German market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate B5X's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: B5X is good value based on its PB Ratio (0.8x) compared to the DE Oil and Gas industry average (1.2x).
How is Baytex Energy forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B5X is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: B5X is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: B5X is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: B5X's revenue (3.4% per year) is forecast to grow slower than the German market (5.9% per year).
High Growth Revenue: B5X's revenue (3.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if B5X's Return on Equity is forecast to be high in 3 years time
How has Baytex Energy performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B5X is currently unprofitable.
Growing Profit Margin: B5X is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: B5X is unprofitable, and losses have increased over the past 5 years at a rate of 9.3% per year.
Accelerating Growth: Unable to compare B5X's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: B5X is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-15.8%).
Return on Equity
High ROE: B5X has a negative Return on Equity (-628.78%), as it is currently unprofitable.
How is Baytex Energy's financial position?
Financial Position Analysis
Short Term Liabilities: B5X's short term assets (CA$143.7M) do not cover its short term liabilities (CA$203.9M).
Long Term Liabilities: B5X's short term assets (CA$143.7M) do not cover its long term liabilities (CA$2.6B).
Debt to Equity History and Analysis
Debt Level: B5X's debt to equity ratio (438.4%) is considered high.
Reducing Debt: B5X's debt to equity ratio has increased from 54.7% to 438.4% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable B5X has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: B5X is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.4% per year.
What is Baytex Energy current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate B5X's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate B5X's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if B5X's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if B5X's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: B5X is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of B5X's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ed LaFehr (60 yo)
Mr. Edward David LaFehr, also known as Ed, has been the President of Baytex Energy Corp. since July 18, 2016 and has been its Chief Executive Officer since May 4, 2017. Mr. LaFehr has been Non-Executive In ...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD2.07M) is above average for companies of similar size in the German market ($USD755.31K).
Compensation vs Earnings: Ed's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||6.33yrs||CA$1.70m||0.072% |
|Vice President of Heavy Oil||8.58yrs||CA$972.50k||0.037% |
|General Counsel & Corporate Secretary||no data||no data||no data|
|Vice President of Corporate Development||2.92yrs||no data||0.020% |
|Vice President of Capital Markets||6.42yrs||CA$1.03m||0.038% |
Experienced Management: B5X's management team is seasoned and experienced (6.3 years average tenure).
|Independent Director||0.42yr||no data||no data|
|Independent Director||4.08yrs||CA$192.98k||0.034% |
|Independent Director||12.25yrs||CA$196.94k||0.027% |
|Independent Director||16.92yrs||CA$201.28k||0.087% |
|Independent Director||2yrs||CA$189.50k||0.034% |
|Independent Director||0.92yr||CA$67.19k||0.013% |
|Chairman & Lead Independent Director||0.67yr||CA$222.40k||0.044% |
Experienced Board: B5X's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: B5X insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Baytex Energy Corp.'s company bio, employee growth, exchange listings and data sources
- Name: Baytex Energy Corp.
- Ticker: B5X
- Exchange: DB
- Founded: 1993
- Industry: Oil and Gas Exploration and Production
- Sector: Energy
- Market Cap: CA$347.944m
- Listing Market Cap: CA$221.310m
- Shares outstanding: 561.20m
- Website: https://www.baytexenergy.com
Number of Employees
- Baytex Energy Corp.
- Centennial Place, East Tower
- Suite 2800
- T2P 0R3
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BTE||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Nov 1993|
|BTE||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Nov 1993|
|B5X||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 1993|
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers li ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 21:22|
|End of Day Share Price||2020/08/04 00:00|
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.