Baytex Energy (BTE) Competitors

C$4.82
-0.04 (-0.82%)
(As of 05/3/2024 ET)

BTE vs. POU, PEY, ERF, ATH, NVA, VET, PXT, WCP, FRU, and IPCO

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include Paramount Resources (POU), Peyto Exploration & Development (PEY), Enerplus (ERF), Athabasca Oil (ATH), NuVista Energy (NVA), Vermilion Energy (VET), Parex Resources (PXT), Whitecap Resources (WCP), Freehold Royalties (FRU), and International Petroleum (IPCO). These companies are all part of the "oil & gas e&p" industry.

Baytex Energy vs.

Paramount Resources (TSE:POU) and Baytex Energy (TSE:BTE) are both mid-cap energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their analyst recommendations, risk, dividends, media sentiment, profitability, community ranking, valuation, earnings and institutional ownership.

In the previous week, Paramount Resources had 11 more articles in the media than Baytex Energy. MarketBeat recorded 13 mentions for Paramount Resources and 2 mentions for Baytex Energy. Baytex Energy's average media sentiment score of 0.44 beat Paramount Resources' score of -0.01 indicating that Paramount Resources is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paramount Resources
2 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Baytex Energy
0 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Baytex Energy received 108 more outperform votes than Paramount Resources when rated by MarketBeat users. Likewise, 57.13% of users gave Baytex Energy an outperform vote while only 52.49% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Paramount ResourcesOutperform Votes
401
52.49%
Underperform Votes
363
47.51%
Baytex EnergyOutperform Votes
509
57.13%
Underperform Votes
382
42.87%

12.7% of Paramount Resources shares are held by institutional investors. Comparatively, 37.0% of Baytex Energy shares are held by institutional investors. 45.8% of Paramount Resources shares are held by company insiders. Comparatively, 0.7% of Baytex Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Paramount Resources has a net margin of 26.13% compared to Paramount Resources' net margin of -8.60%. Baytex Energy's return on equity of 13.67% beat Paramount Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Resources26.13% 13.67% 6.77%
Baytex Energy -8.60%-6.81%-2.14%

Paramount Resources currently has a consensus target price of C$35.80, indicating a potential upside of 11.70%. Baytex Energy has a consensus target price of C$6.53, indicating a potential upside of 35.37%. Given Paramount Resources' higher probable upside, analysts plainly believe Baytex Energy is more favorable than Paramount Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Resources
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Baytex Energy
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60

Paramount Resources has higher earnings, but lower revenue than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount ResourcesC$1.80B2.57C$470.20MC$3.1710.11
Baytex EnergyC$2.71B1.46-C$233.36M-C$0.33-14.61

Paramount Resources pays an annual dividend of C$1.50 per share and has a dividend yield of 4.7%. Baytex Energy pays an annual dividend of C$0.09 per share and has a dividend yield of 1.9%. Paramount Resources pays out 47.3% of its earnings in the form of a dividend. Baytex Energy pays out -27.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Paramount Resources has a beta of 3.23, indicating that its share price is 223% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 2.78, indicating that its share price is 178% more volatile than the S&P 500.

Summary

Paramount Resources beats Baytex Energy on 14 of the 20 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTE vs. The Competition

MetricBaytex EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$3.96BC$1.57BC$3.93BC$5.32B
Dividend Yield1.70%8.37%7.43%5.51%
P/E Ratio-14.61102.7798.2823.32
Price / Sales1.4628,263.5120,271.731,622.90
Price / Cash726.2583.0166.8479.32
Price / Book1.031.341.493.09
Net Income-C$233.36MC$135.06MC$487.65MC$296.05M
7 Day Performance-10.07%-1.15%-0.88%0.04%
1 Month Performance-10.91%0.76%0.25%-0.71%
1 Year Performance5.24%13.72%20.63%21.55%

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POU
Paramount Resources
4.0405 of 5 stars
C$31.20
-3.2%
C$34.95
+12.0%
+6.9%C$4.51BC$1.80B9.84579Dividend Increase
Analyst Report
News Coverage
PEY
Peyto Exploration & Development
1.5376 of 5 stars
C$15.39
-2.7%
C$16.27
+5.7%
+28.2%C$2.98BC$945.51M9.5053Upcoming Earnings
ERF
Enerplus
1.6916 of 5 stars
C$26.93
-3.3%
C$24.36
-9.6%
+40.8%C$5.47BC$1.53B9.48404
ATH
Athabasca Oil
2.4069 of 5 stars
C$4.80
-3.6%
C$6.07
+26.5%
+60.3%C$2.72BC$1.20B-53.33170Upcoming Earnings
Analyst Report
NVA
NuVista Energy
4.0789 of 5 stars
C$12.44
-3.5%
C$15.03
+20.8%
+17.2%C$2.58BC$1.26B7.5488Positive News
VET
Vermilion Energy
2.9914 of 5 stars
C$15.86
-4.5%
C$21.54
+35.8%
+3.3%C$2.57BC$1.83B-10.94740Dividend Announcement
News Coverage
PXT
Parex Resources
4.0962 of 5 stars
C$24.00
-1.6%
C$30.20
+25.8%
-11.6%C$2.48BC$1.17B4.06449Upcoming Earnings
Positive News
WCP
Whitecap Resources
4.3374 of 5 stars
C$10.44
-1.9%
C$13.56
+29.9%
+0.6%C$6.24BC$3.23B7.15542Insider Buying
News Coverage
FRU
Freehold Royalties
2.3984 of 5 stars
C$14.17
-2.1%
C$17.75
+25.3%
+0.2%C$2.14BC$314.58M16.10N/AUpcoming Earnings
IPCO
International Petroleum
0 of 5 stars
C$17.02
-5.3%
C$18.25
+7.2%
+39.1%C$2.13BC$853.91M9.78N/AUpcoming Earnings
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This page (TSE:BTE) was last updated on 5/4/2024 by MarketBeat.com Staff

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