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Baytex Energy (TSE:BTE)
TSX:BTE
Baytex Energy (BTE) Stock Price & Analysis
646 Followers
BTE Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$3.78 - C$6.30
Previous CloseC$5
Volume5.42M
Average Volume (3M)4.54M
Market Cap
C$4.11B
Enterprise ValueC$6.49B
Total Cash (Recent Filing)C$55.81M
Total Debt (Recent Filing)C$2.44B
Price to Earnings (P/E)-35.6
Beta1.62
Next Earnings
May 09, 2024EPS Estimate
C$0.14Last Dividend Ex-Date
Mar 14, 2024Dividend Yield1.38%
Share Statistics
EPS (TTM)-0.14
Shares Outstanding821,681,000
10 Day Avg. Volume5,136,227
30 Day Avg. Volume4,542,783
Standard Deviation0.24
R-Squared0.28
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)1.07
Price to Sales (P/S)1.21
Price to Cash Flow (P/CF)2.20
P/FCF Ratio3.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$6.49Price Target Upside29.72% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Baytex Energy News
PremiumCompany Announcements
Baytex Energy Corp’s Virtual Shareholders Meeting
PremiumCompany Announcements
Baytex Energy Secures $575M in Private Notes
PremiumCompany Announcements
Baytex Energy Completes Major Debt Placement
PremiumCompany Announcements
Baytex Energy Upsizes Note Offering to $575 MillionPremiumCompany Announcements
Baytex Energy Launches Debt Restructuring Move
PremiumCompany Announcements
Baytex Energy’s Strong 2023 Performance and Shareholder ReturnsBulls Say, Bears Say
Bulls Say
Asset PerformanceBaytex has showcased strong economics and improvement in well performance and cost of wells, enhancing the company's financial position and indicating a path towards reduced leverage.
Financial StrategyManagement's balanced approach to debt repayment and shareholder returns, especially in the context of favorable oil prices, positions Baytex to potentially enhance shareholder value.
Growth PotentialThe company's strong positions in the Clearwater and Duvernay formations, combined with early strong exploration results, signal a significant potential for future growth.
Bears Say
Economic ViabilityThe economic potential of the Duvernay formation is under scrutiny due to its troubled history, which could act as a drag on the stock.
Investor SentimentInvestor skepticism could dampen the stock as doubts linger over the economic viability of the Duvernay formation.
Resource DevelopmentChallenges in developing the Duvernay formation historically might lead to negative investor sentiment, potentially impacting the stock's performance.
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Options Prices
Currently, No data available
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Ownership Overview
14.34% Insiders
4.15% Mutual Funds
4.19% Other Institutional Investors
77.32% Public Companies and
Individual Investors
BTE FAQ
What was Baytex Energy’s price range in the past 12 months?
Baytex Energy lowest stock price was C$3.77 and its highest was C$6.30 in the past 12 months.
What is Baytex Energy’s market cap?
Currently, no data Available
When is Baytex Energy’s upcoming earnings report date?
Baytex Energy’s upcoming earnings report date is May 09, 2024 which is in 15 days.
How were Baytex Energy’s earnings last quarter?
Baytex Energy released its earnings results on Feb 28, 2024. The company reported -C$0.75 earnings per share for the quarter, missing the consensus estimate of C$0.13 by -C$0.88.
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 Semiannually dividend of C$0.02 which represents an annual dividend yield of 1.38%. See more information on Baytex Energy dividends here
What is Baytex Energy’s EPS estimate?
Baytex Energy’s EPS estimate is C$0.14.
How many shares outstanding does Baytex Energy have?
Baytex Energy has 821,700,000 shares outstanding.
What happened to Baytex Energy’s price movement after its last earnings report?
Baytex Energy reported an EPS of -C$0.75 in its last earnings report, missing expectations of C$0.13. Following the earnings report the stock price went down -8.068%.
Which hedge fund is a major shareholder of Baytex Energy?
Currently, no hedge funds are holding shares in TSE:BTE
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Baytex Energy Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$6.49 (29.72% Upside)
C$6.49 (29.72% Upside)
Blogger Sentiment
Bullish
TSE:BTE Sentiment 100%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $91.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.1%
Last 30 Days ▼ 9.0%
Last 30 Days ▼ 9.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.59%
12-Months-Change
Fundamentals
Return on Equity
-6.52%
Trailing 12-Months
Asset Growth
50.21%
Trailing 12-Months
Company Description
Baytex Energy
Baytex Energy Corp. is an oil and gas exploration & production company, which engages in the acquisition, development and production of crude oil and natural gas. The company was founded on October 22, 2010 and is headquartered in Calgary, Canada.
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BTE Company Deck
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BTE Earnings Call
Q4 2024
0:00 / 0:00
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BTE Stock 12 Months Forecast
Average Price Target
C$6.49
▲(29.72% Upside)
Technical Analysis
Best Analysts Covering BTE
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+8.82%
reiterated a buy rating 5 days ago
Copying Dan Payne's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +8.82% per trade.
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