Want to see TSE:BTE full AI Analyst Report?
BTE Stock Chart & Stats
C$6.54
-C$0.11(-1.77%)
At close: 4:00 PM EDT
C$6.54
-C$0.11(-1.77%)
Day’s Range― - ―
52-Week RangeC$3.07 - C$7.72
Previous CloseN/A
Volume2.74M
Average Volume (3M)4.84M
Market Cap
C$5.27B
Enterprise ValueC$3.56B
Total Cash (Recent Filing)C$720.34M
Total Debt (Recent Filing)C$149.49M
Price to Earnings (P/E)―
Beta0.59
Next Earnings
Nov 05, 2026EPS Estimate
0.21Next Dividend Ex-DateN/A
Dividend Yield1.19%
Share Statistics
EPS (TTM)-0.92
Shares Outstanding699,200,000
10 Day Avg. Volume4,498,863
30 Day Avg. Volume4,838,740
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.43
Price to Sales (P/S)2.31
P/FCF Ratio13.85
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$8.43Price Target Upside28.88% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EPS Forecast (FY)0.49
Revenue Forecast (FY)C$1.89B
Bulls Say, Bears Say
Bulls Say
Production Growth And GuidanceProduction exceeded guidance for the second consecutive quarter, while the higher full-year target and planned 72,000 BOE/d exit rate indicate solid operating execution. The reiterated 6–8% annual growth objective supports a durable outlook for expanding production volumes.
Strong Cash Generation And LiquidityStrong operating and free cash flow provide internal funding for development, shareholder returns, and balance-sheet management. The $566 million net cash position also gives Baytex flexibility to sustain its capital program and absorb normal commodity-cycle volatility.
Conservative Current LeverageVery low current leverage is a meaningful advantage for a cyclical exploration and production company. It reduces financing pressure, preserves borrowing capacity, and gives management greater flexibility to fund drilling, pursue projects, or return excess cash while conditions remain supportive.
Bears Say
Sharp Revenue Decline And Earnings VolatilityThe steep TTM revenue decline and very large net loss demonstrate that Baytex’s earnings remain highly sensitive to the operating environment. Losses in 2023, 2025, and the TTM period also show limited consistency, reducing confidence in stable profitability over coming quarters.
Full Exposure To WTI Price SwingsRemaining fully unhedged increases the sensitivity of cash generation to oil-price movements. Although this can enhance upside in strong markets, a sustained decline in WTI could materially reduce adjusted funds flow, constrain capital flexibility, and pressure shareholder-return plans.
Early-stage Projects And Operational UncertaintyThe Duvernay results are still early and one well was completed at half lateral length, while waterflood benefits remain unproven for 12–18 months. This makes near-term production and inventory-upside assumptions dependent on further execution and de-risking.
Baytex Energy News
BTE FAQ
What was Baytex Energy’s price range in the past 12 months?
Baytex Energy lowest stock price was C$3.07 and its highest was C$7.72 in the past 12 months.
What is Baytex Energy’s market cap?
Baytex Energy’s market cap is C$5.27B.
When is Baytex Energy’s upcoming earnings report date?
Baytex Energy’s upcoming earnings report date is Nov 05, 2026 which is in 13 days.
How were Baytex Energy’s earnings last quarter?
Baytex Energy released its earnings results on Jul 30, 2026. The company reported C$0.24 earnings per share for the quarter, beating the consensus estimate of C$0.103 by C$0.137.
Is Baytex Energy overvalued?
According to Wall Street analysts Baytex Energy’s price is currently Undervalued.
Does Baytex Energy pay dividends?
Baytex Energy pays a Quarterly dividend of C$0.022 which represents an annual dividend yield of 1.19%. See more information on Baytex Energy dividends here
What is Baytex Energy’s EPS estimate?
Baytex Energy’s EPS estimate is 0.21.
How many shares outstanding does Baytex Energy have?
Baytex Energy has 699,200,000 shares outstanding.
What happened to Baytex Energy’s price movement after its last earnings report?
Baytex Energy reported an EPS of C$0.24 in its last earnings report, beating expectations of C$0.103. Following the earnings report the stock price went up 6.505%.
Which hedge fund is a major shareholder of Baytex Energy?
Currently, no hedge funds are holding shares in TSE:BTE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Baytex Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$8.43 (28.88% Upside)
C$8.43 (28.88% Upside)
Blogger Sentiment
Neutral
TSE:BTE Sentiment 50%
Sector Average 65%
Sector Average 65%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 10.6%
Last 30 Days ▲ 50.2%
Last 30 Days ▲ 50.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
148.39%
12-Months-Change
Fundamentals
Return on Equity
-26.39%
Trailing 12-Months
Asset Growth
-59.63%
Trailing 12-Months
Learn more about TipRanks Smart Score
Company Description
Baytex Energy
Baytex Energy Corp. is an energy company primarily focused on the acquisition, exploration, development, and extraction of crude oil and natural gas. Its operations are centered in North America, specifically spanning the Western Canadian Sedimentary Basin and various regions of Texas in the United States. The company's diverse product offerings include light crude oil, condensate, heavy oil, natural gas liquids, and natural gas. Among its key assets are the Eagle Ford play in Texas, the Viking and Lloydminster developments located in Alberta and Saskatchewan, and the Peace River and Duvernay properties within Alberta. Additionally, Baytex manages conventional oil and gas holdings across Western Canada. As of December 31, 2021, the company reported significant reserves: 129 million barrels of oil equivalent (mmboe) as proved developed producing, 278 mmboe as total proved reserves, and a combined 451 mmboe in proved plus probable reserves. Established in 1993, Baytex Energy Corp. maintains its corporate headquarters in Calgary, Canada.
BTE Company Deck
BTE Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong operational and financial execution: production beat guidance, adjusted funds flow and free cash flow materially improved, operating netbacks rose sharply, and the balance sheet ended the quarter with $566M net cash allowing aggressive buybacks and a dividend. Early Duvernay results and active waterflood pilots provide upside, but one drilling incident, the early-stage nature of some initiatives (Duvernay, waterfloods, Gemini), and the choice to remain unhedged introduce near-term uncertainty. On balance the positives (outperformance, cash generation, buybacks, strong netback improvement and liquidity) outweigh the operational and program risks mentioned.View all TSE:BTE earnings summariesBTE Stock 12 Month Forecast
Average Price Target
C$8.43
▲(28.88% Upside)
Technical Analysis
Athabasca Oil
―
Paramount Resources
―
Tamarack Valley Energy
―
―
International Petroleum Corporation
―