Baytex Energy (BTE) Set to Post Quarterly Earnings on Thursday

Key Points

• Baytex Energy is expected to report Q3 2026 results after Thursday’s market close, with analysts forecasting $0.13 in earnings per share and $309.71 million in revenue. The earnings call is scheduled for Friday, November 6.
• In its previous quarter, Baytex reported $0.17 EPS, exceeding the $0.08 consensus estimate, while revenue of $449.32 million was well above expectations.
• The stock recently traded near its 12-month high at $5.46, and analysts maintain a “Moderate Buy” consensus rating, including three Strong Buy and three Buy ratings.

Baytex Energy (NYSE:BTE - Get Free Report) TSE: BTE is projected to release its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect Baytex Energy to post earnings of $0.13 per share and revenue of $309.71 million for the quarter. Investors may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Friday, November 6, 2026 at 12:00 PM ET.

Baytex Energy (NYSE:BTE - Get Free Report) TSE: BTE last posted its quarterly earnings data on Thursday, July 30th. The oil and gas producer reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.09. The business had revenue of $449.32 million during the quarter, compared to analysts' expectations of $218.10 million. Baytex Energy had a negative net margin of 26.43% and a negative return on equity of 7.77%. On average, analysts expect Baytex Energy to post $0.42 EPS for the current fiscal year and $0.64 EPS for the next fiscal year.

Baytex Energy Trading Up 0.8%

Shares of Baytex Energy stock opened at $5.46 on Thursday. The company has a quick ratio of 2.79, a current ratio of 2.82 and a debt-to-equity ratio of 0.06. Baytex Energy has a 12-month low of $2.23 and a 12-month high of $5.61. The company has a market capitalization of $3.77 billion, a price-to-earnings ratio of -8.16 and a beta of 0.40. The firm's 50-day moving average price is $4.91 and its two-hundred day moving average price is $4.37.

Analysts Set New Price Targets

BTE has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of Baytex Energy from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 23rd. Zacks Research upgraded shares of Baytex Energy from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 5th. Wall Street Zen raised shares of Baytex Energy from a "hold" rating to a "buy" rating in a research note on Saturday, October 17th. Raymond James Financial restated a "strong-buy" rating on shares of Baytex Energy in a research report on Wednesday, September 16th. Finally, Scotiabank restated an "outperform" rating on shares of Baytex Energy in a research report on Monday, October 19th. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy".

About Baytex Energy

Baytex Energy Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company develops and produces crude oil, condensate, natural gas liquids and natural gas.

Baytex's operations are focused on the Western Canadian Sedimentary Basin in Alberta and Saskatchewan and the Eagle Ford shale in South Texas. Its portfolio includes light oil, heavy oil and natural gas assets, with production sold into North American energy markets.

Founded in 1993, Baytex became a publicly traded corporation in 2010 after operating as an income trust.

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