Should I buy or sell Baytex Energy stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BTE shares. View BTE analyst ratings or view top-rated stocks .

What is Baytex Energy's stock price target for 2024?

11 brokers have issued 12-month target prices for Baytex Energy's stock. Their BTE share price targets range from C$5.00 to C$7.75. On average, they expect the company's share price to reach C$6.40 in the next year. This suggests a possible upside of 26.2% from the stock's current price. View analysts price targets for BTE or view top-rated stocks among Wall Street analysts .

How have BTE shares performed in 2024?

Baytex Energy's stock was trading at C$4.38 at the start of the year. Since then, BTE shares have increased by 15.8% and is now trading at C$5.07. View the best growth stocks for 2024 here .

When is Baytex Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our BTE earnings forecast .

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp. (TSE:BTE) announced its earnings results on Wednesday, February, 28th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.12. The business earned $1.07 billion during the quarter. Baytex Energy had a negative net margin of 8.60% and a negative trailing twelve-month return on equity of 6.81%.

How often does Baytex Energy pay dividends? What is the dividend yield for Baytex Energy?

Baytex Energy declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be given a dividend of 0.023 per share on Monday, April 1st. This represents a $0.09 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 14th. Read our dividend analysis for BTE .

Is Baytex Energy a good dividend stock?

Baytex Energy (TSE:BTE) pays an annual dividend of C$0.09 per share and currently has a dividend yield of 1.70%. Read our dividend analysis for BTE .

What other stocks do shareholders of Baytex Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baytex Energy investors own include Intact Financial (IFC) , Constellation Software (CSU) , AutoCanada (ACQ) , Alimentation Couche-Tard (ATD.B) , Vermilion Energy (VET) , Crescent Point Energy (CPG) , Whitecap Resources (WCP) , Toronto-Dominion Bank (TD) , Enbridge (ENB) and Birchcliff Energy (BIR) .

How do I buy shares of Baytex Energy?

Shares of BTE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:BTE

Baytex Energy (BTE) Stock Price, News & Analysis

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Free BTE Stock Alerts

C$5.07

+0.03 (+0.60%)

(As of 03:33 PM ET)

Compare

Today's Range: C$4.99
▼
C$5.13
50-Day Range: C$4.07
▼
C$5.46
52-Week Range: C$3.83
▼
C$6.37

Volume: 3.36 million shs
Average Volume: 4.31 million shs
Market Capitalization: C$4.17 billion

P/E Ratio: N/A
Dividend Yield: 1.78%
Price Target: C$6.40

Stock Analysis Analyst Forecasts Chart Competitors Dividend Earnings Headlines Insider Trades

Get Baytex Energy alerts:

Baytex Energy MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.64 Rating Score
Upside/Downside: 26.2% Upside
C$6.40 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.72
Based on 2 Articles This Week
Insider Trading: Selling Shares
C$142,000 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.59 out of 5 stars

4.3

Analyst's Opinion

Consensus Rating
Baytex Energy has received a consensus rating of Moderate Buy. The company's average rating score is 2.64, and is based on 7 buy ratings, 4 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Baytex Energy has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

N/A

Short Interest

Short Interest
There is no current short interest data available for BTE.

0.8

Dividend Strength

Dividend Yield
Baytex Energy pays a meaningful dividend of 1.70%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Baytex Energy does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for BTE.

3.2

News and Social Media Coverage

News Sentiment
Baytex Energy has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.40 average news sentiment score of Energy companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Baytex Energy this week, compared to 1 article on an average week.
Search Interest
Only 14 people have searched for BTE on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.
MarketBeat Follows
13 people have added Baytex Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 117% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Baytex Energy insiders have sold 67.06% more of their company's stock than they have bought. Specifically, they have bought C$85,000.00 in company stock and sold C$142,000.00 in company stock.
Percentage Held by Insiders
Only 0.73% of the stock of Baytex Energy is held by insiders.
Percentage Held by Institutions
Only 36.96% of the stock of Baytex Energy is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Baytex Energy is -15.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baytex Energy is -15.36, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Baytex Energy has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Baytex Energy has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Baytex Energy Stock (TSE:BTE)

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. was incorporated in 1993 and is headquartered in Calgary, Canada.

BTE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

BTE Stock News Headlines

March 26, 2024 | insidertrades.com

Eric Thomas Greager Buys 5,835 Shares of Baytex Energy Corp. (TSE:BTE) Stock

March 26, 2024 | insidertrades.com

Baytex Energy Corp. (TSE:BTE) Director Sells C$142,000.00 in Stock

April 16, 2024 | Manward Press (Ad)

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March 16, 2024 | insidertrades.com

Baytex Energy Corp. (TSE:BTE) Senior Officer Purchases C$85,000.00 in Stock

April 12, 2024 | finance.yahoo.com

Are Oils-Energy Stocks Lagging Baytex Energy (BTE) This Year?

April 10, 2024 | americanbankingnews.com

Baytex Energy (TSE:BTE) Given a C$6.00 Price Target at BMO Capital Markets

April 2, 2024 | markets.businessinsider.com

Analysts Conflicted on These Energy Names: Ampol Limited (OtherCTXAF) and Whitehaven Coal Limited (OtherWHITF)

March 25, 2024 | markets.businessinsider.com

TSX Fails To Hold Early Gains, Ends On Weak Note

April 16, 2024 | Manward Press (Ad)

Can't believe it's happening again

March 21, 2024 | seekingalpha.com

Baytex Energy: Projected 2024 Free Cash Flow Improves To Over US$500 Million

March 14, 2024 | msn.com

Baytex announces proposed $500M private placement offering of senior notes

March 11, 2024 | ca.news.yahoo.com

Canadian dollar weakens, benchmark yield slips

March 9, 2024 | finance.yahoo.com

Is It Worth Considering Baytex Energy Corp. (TSE:BTE) For Its Upcoming Dividend?

March 4, 2024 | nasdaq.com

TSX Ends Slightly Lower

March 3, 2024 | seekingalpha.com

Baytex Energy: One Of Best E&Ps For Oil Bulls

March 2, 2024 | finance.yahoo.com

Baytex Energy Corp. (NYSE:BTE) Q4 2023 Earnings Call Transcript

March 1, 2024 | finance.yahoo.com

Baytex Energy Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

February 28, 2024 | finanznachrichten.de

Baytex Energy Corp.: Baytex Announces Quarterly Dividend for April 2024

February 22, 2024 | markets.businessinsider.com

Analysts Offer Insights on Energy Companies: Baytex Energy (BTE), Whitecap Resources (OtherSPGYF) and Whitehaven Coal Limited (OtherWHITF)

February 21, 2024 | benzinga.com

Baytex Energy Stock (NYSE:BTE) Insider Trades

February 21, 2024 | finance.yahoo.com

Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2023 Results to be Held on February 29, 2024

February 14, 2024 | msn.com

Sweet Returns: 2 No-Brainer Oil & Gas E&P Stocks to Buy With $200 Right Now

February 13, 2024 | finance.yahoo.com

individual investors who own 58% along with institutions invested in Baytex Energy Corp. (TSE:BTE) saw increase in their holdings value last week

February 9, 2024 | wsj.com

Baytex Energy Corp.

January 20, 2024 | seekingalpha.com

Baytex Energy: What Happens Next

December 19, 2023 | markets.businessinsider.com

Buy Rating for Baytex Energy: Strategic Growth and Financial Resilience

December 17, 2023 | finance.yahoo.com

11 Stocks Under $5 With High Potential

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Ex-Dividend for 4/1 Dividend: 3/14/2024
Dividend Payable: 4/01/2024
Today: 4/16/2024
Next Earnings (Estimated): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Energy
Industry: Oil & Gas E&P
Sub-Industry: N/A
Current Symbol: TSE:BTE
CUSIP: N/A
CIK: N/A
Web: www.baytex.ab.ca
Phone: +1-587-9523000
Fax: N/A
Employees: 231
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$6.40
High Stock Price Target: C$7.75
Low Stock Price Target: C$5.00
Potential Upside/Downside: +27.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.64
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($0.33)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 6.81
P/E Growth: 0.12
Net Income: C$-233,360,000.00
Net Margins: -8.60%
Pretax Margin: N/A
Return on Equity: -6.81%
Return on Assets: -2.14%

Debt

Debt-to-Equity Ratio: 63.80
Current Ratio: 0.79
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: C$2.71 billion
Price / Sales: 1.53
Cash Flow: C$0.01 per share
Price / Cash Flow: 726.25
Book Value: C$4.66 per share
Price / Book: 1.08

Miscellaneous

Outstanding Shares: 821,680,000
Free Float: N/A
Market Cap: C$4.14 billion
Optionable: Not Optionable
Beta: 2.78

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Key Executives

Mr. Eric Thomas Greager (Age 54)
President, CEO & Director
Comp: $575.19k
Mr. Chad L. Kalmakoff C.A. (Age 47)
Executive VP & CFO
Comp: $522.47k
Mr. Chad E. Lundberg (Age 42)
Chief Operating Officer
Comp: $707.95k
Mr. Brian G. Ector (Age 55)
Senior VP of Capital Markets & Investor Relations
Comp: $568.9k
Mr. James Maclean (Age 44)
Chief Legal Officer & Corporate Secretary
Comp: $537.79k
Mr. Kendall D. Arthur (Age 43)
Senior VP & GM of Canadian Heavy Oil Operations
Comp: $603.14k
Ms. Julia C. Gwaltney (Age 52)
Senior VP & GM of U.S. Eagle Ford Oil Operations
Mr. Chris M.P. Lessoway (Age 39)
VP of Finance & Treasurer

Key Competitors

View All Competitors

Insiders

View All Insider Transactions

BTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Baytex Energy stock right now?: 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last twelve months. There are currently 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" BTE shares.
View BTE analyst ratings or view top-rated stocks.
What is Baytex Energy's stock price target for 2024?: 11 brokers have issued 12-month target prices for Baytex Energy's stock. Their BTE share price targets range from C$5.00 to C$7.75. On average, they expect the company's share price to reach C$6.40 in the next year. This suggests a possible upside of 26.2% from the stock's current price.
View analysts price targets for BTE or view top-rated stocks among Wall Street analysts.
How have BTE shares performed in 2024?: Baytex Energy's stock was trading at C$4.38 at the start of the year. Since then, BTE shares have increased by 15.8% and is now trading at C$5.07.
View the best growth stocks for 2024 here.
When is Baytex Energy's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our BTE earnings forecast.
How were Baytex Energy's earnings last quarter?: Baytex Energy Corp. (TSE:BTE) announced its earnings results on Wednesday, February, 28th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.12. The business earned $1.07 billion during the quarter. Baytex Energy had a negative net margin of 8.60% and a negative trailing twelve-month return on equity of 6.81%.

How often does Baytex Energy pay dividends? What is the dividend yield for Baytex Energy?: Baytex Energy declared a quarterly dividend on Wednesday, February 28th. Shareholders of record on Friday, March 15th will be given a dividend of 0.023 per share on Monday, April 1st. This represents a $0.09 annualized dividend and a dividend yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 14th.
Read our dividend analysis for BTE.
Is Baytex Energy a good dividend stock?: Baytex Energy (TSE:BTE) pays an annual dividend of C$0.09 per share and currently has a dividend yield of 1.70%.
Read our dividend analysis for BTE.
What other stocks do shareholders of Baytex Energy own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Baytex Energy investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Crescent Point Energy (CPG), Whitecap Resources (WCP), Toronto-Dominion Bank (TD), Enbridge (ENB) and Birchcliff Energy (BIR).
How do I buy shares of Baytex Energy?: Shares of BTE stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:BTE) was last updated on 4/16/2024 by MarketBeat.com Staff

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Baytex Energy (BTE) Stock Price, News & Analysis

Baytex Energy MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Baytex Energy Stock (TSE:BTE)

BTE Stock Price History

BTE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders

BTE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™