Baytex Energy Corp. (Baytex) is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (Alberta and Saskatchewan) and in the United States (Texas). The Company's crude oil and natural gas operations are organized into four business units: Lloydminster, Peace River, Conventional and United States. Each business unit has a portfolio of mineral leases, operated and non-operated properties and development prospects. The Company's subsidiaries include Baytex Energy Ltd. and Baytex Energy USA, Inc. Baytex Energy Ltd. is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in Canada. Baytex Energy USA, Inc. is engaged in the business of oil and natural gas exploration, exploitation, development, acquisition and production in the United States. It holds all of the operating assets in the United States.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Symbol: NYSE:BTE
- CUSIP: N/A
- Web: www.baytex.ab.ca
- Market Cap: $633.36 million
- Outstanding Shares: 235,450,000
- 50 Day Moving Avg: $2.61
- 200 Day Moving Avg: $2.88
- 52 Week Range: $2.13 - $5.61
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -6.30
- P/E Growth: -1.04
- Annual Revenue: $597.13 million
- Price / Sales: 1.07
- Book Value: $6.58 per share
- Price / Book: 0.41
- EBIDTA: $335.67 million
- Net Margins: -38.91%
- Return on Equity: -5.17%
- Return on Assets: -2.21%
- Debt-to-Equity Ratio: 0.93%
- Current Ratio: 0.98%
- Quick Ratio: 0.98%
- Average Volume: 1.34 million shs.
- Beta: 3.27
- Short Ratio: 12.32
Frequently Asked Questions for Baytex Energy Corp (NYSE:BTE)
What is Baytex Energy Corp's stock symbol?
Baytex Energy Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "BTE."
How were Baytex Energy Corp's earnings last quarter?
Baytex Energy Corp (NYSE:BTE) released its quarterly earnings results on Tuesday, August, 1st. The company reported $0.03 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.14) by $0.17. The business earned $207.22 million during the quarter. Baytex Energy Corp had a negative return on equity of 5.17% and a negative net margin of 38.91%. View Baytex Energy Corp's Earnings History.
When will Baytex Energy Corp make its next earnings announcement?
Where is Baytex Energy Corp's stock going? Where will Baytex Energy Corp's stock price be in 2017?
7 analysts have issued 1 year target prices for Baytex Energy Corp's stock. Their forecasts range from $7.00 to $8.25. On average, they anticipate Baytex Energy Corp's stock price to reach $7.44 in the next twelve months. View Analyst Ratings for Baytex Energy Corp.
Are investors shorting Baytex Energy Corp?
Baytex Energy Corp saw a decline in short interest in August. As of August 15th, there was short interest totalling 20,629,853 shares, a decline of 13.7% from the July 31st total of 23,915,520 shares. Based on an average trading volume of 1,536,538 shares, the days-to-cover ratio is presently 13.4 days. Approximately 8.9% of the shares of the stock are sold short.
Who are some of Baytex Energy Corp's key competitors?
Some companies that are related to Baytex Energy Corp include Advantage Oil & Gas Ltd (AAV), Wildhorse Resource Development Corporation (WRD), Carrizo Oil & Gas (CRZO), Cairn Energy PLC (CNE), Unit (UNT), EP Energy Corporation (EPE), Eclipse Resources Corporation (ECR), Denbury Resources (DNR), Ophir Energy Plc (OPHR), Genel Energy PLC (GENL), SOCO International plc (SIA), Pengrowth Energy Corporation (PGH), California Resources Corporation (CRC), Faroe Petroleum plc (FPM), San Juan Basin Royalty Trust (SJT), W&T Offshore (WTI), Sanchez Energy Corporation (SN) and Energy XXI Gulf Coast (EXXI).
Who are Baytex Energy Corp's key executives?
Baytex Energy Corp's management team includes the folowing people:
- Edward D. LaFehr, President, Chief Executive Officer
- Rodney D. Gray, Chief Financial Officer
- Richard P. Ramsay, Chief Operating Officer
- Geoffrey J. Darcy, Senior Vice President - Marketing
- Brian G. Ector, Senior Vice President - Capital Markets and Public Affairs
- Chad L. Kalmakoff, Vice President - Finance
- Murray J. Desrosiers, Vice President, General Counsel, Corporate Secretary
- Kendall D. Arthur, Vice President - Lloydminster and Conventional Business Units
- Ryan M. Johnson, Vice President - Peace River and Business Unit
- Gregory Alexander Mykola Sawchenko, Vice President - Land
Who owns Baytex Energy Corp stock?
Baytex Energy Corp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (1.96%), Schroder Investment Management Group (1.29%), Royal Bank of Canada (1.21%), Public Sector Pension investment Board (0.55%), TD Asset Management Inc. (0.43%) and FMR LLC (0.38%). View Institutional Ownership Trends for Baytex Energy Corp.
Who sold Baytex Energy Corp stock? Who is selling Baytex Energy Corp stock?
Baytex Energy Corp's stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Legal & General Group Plc, Scotia Capital Inc., Public Sector Pension investment Board, Goldman Sachs Group Inc., The Manufacturers Life Insurance Company , TD Asset Management Inc. and Great West Life Assurance Co. Can. View Insider Buying and Selling for Baytex Energy Corp.
Who bought Baytex Energy Corp stock? Who is buying Baytex Energy Corp stock?
Baytex Energy Corp's stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Vanguard Group Inc., Sprott Inc., Guardian Capital Advisors LP, Van ECK Associates Corp, Schroder Investment Management Group and CIBC World Markets Inc.. View Insider Buying and Selling for Baytex Energy Corp.
How do I buy Baytex Energy Corp stock?
Shares of Baytex Energy Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Baytex Energy Corp's stock price today?
MarketBeat Community Rating for Baytex Energy Corp (NYSE BTE)MarketBeat's community ratings are surveys of what our community members think about Baytex Energy Corp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Baytex Energy Corp stock can currently be purchased for approximately $2.71.
Consensus Ratings for Baytex Energy Corp (NYSE:BTE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 4 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.14)|
|Consensus Price Target: ||$7.44 (174.45% upside)|
Analysts' Ratings History for Baytex Energy Corp (NYSE:BTE)
(Data available from 9/20/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/5/2017||Raymond James Financial, Inc.||Downgrade||Market Perform -> Underperform||High|
|6/29/2017||Scotiabank||Downgrade||Outperform -> Sector Perform||High|
|5/15/2017||AltaCorp Capital||Reiterated Rating||Outperform||N/A|
|12/15/2016||TD Securities||Reiterated Rating||Hold||$6.50 -> $7.00||N/A|
|12/15/2016||National Bank Financial||Reiterated Rating||Sector Perform||$7.00||N/A|
|12/14/2016||Royal Bank of Canada||Reiterated Rating||Sector Perform||$6.00 -> $7.50||N/A|
|11/2/2016||Canaccord Genuity||Reiterated Rating||Buy||N/A|
|7/29/2016||Credit Suisse Group||Reiterated Rating||Hold||$6.50||N/A|
|7/29/2016||Barclays PLC||Lower Price Target||Equal Weight||$9.00 -> $8.00||N/A|
|6/30/2016||BMO Capital Markets||Upgrade||Underperform -> Market Perform||N/A|
|6/15/2016||CIBC||Reiterated Rating||Sector Perform||$9.50||N/A|
Earnings History for Baytex Energy Corp (NYSE:BTE)Earnings History by Quarter for Baytex Energy Corp (NYSE BTE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/1/2017|| || || || || || || || |
|3/7/2017||12/31/2016||($0.16)||($0.29)||$220.09 million||$233.11 million||View||Listen|
|11/2/2016||Q316||($0.12)||($0.19)||$149.91 million||$197.65 million||View||N/A|
|7/28/2016||Q216||($0.10)||($0.41)||$195.99 million||$195.73 million||View||N/A|
|3/3/2016||Q415||($0.27)||($1.96)||$237.56 million||$230.20 million||View||N/A|
|11/6/2015||Q315||($0.15)||($0.09)||$289.87 million||$268.60 million||View||N/A|
|3/5/2015||Q4 2014||$0.29||($1.72)||$469.95 million||$472.40 million||View||N/A|
|10/30/2014||Q314||$0.79||$0.77||$630.00 million||$634.41 million||View||N/A|
|7/31/2014||Q2 2014||$0.47||$0.25||$438.13 million||View||N/A|
|5/1/2014||Q1 2014||$0.60||$0.36||$352.08 million||View||N/A|
Earnings Estimates for Baytex Energy Corp (NYSE:BTE)
Current Year EPS Consensus Estimate: $-0.28 EPS
Next Year EPS Consensus Estimate: $-0.43 EPS
Current Dividend Information for Baytex Energy Corp (NYSE:BTE)
|Most Recent Dividend:||9/15/2015|
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||0.00% (Trailing 12 Months of Earnings) |
0.00% (Based on This Year's Estimates)
0.00% (Based on Next Year's Estimates)
Dividend History by Quarter for Baytex Energy Corp (NYSE BTE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Baytex Energy Corp (NYSE:BTE)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Baytex Energy Corp (NYSE:BTE)
Latest Headlines for Baytex Energy Corp (NYSE:BTE)
|Contrarian Investors: Is it Time to Bet on Baytex Energy Corp.? - The Motley Fool Canada|
www.fool.ca - September 12 at 5:22 PM
|Baytex Energy Corp (BTE) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - September 12 at 11:00 AM
|Baytex Provides Update on Impact of Hurricane Harvey - GlobeNewswire (press release)|
globenewswire.com - September 11 at 10:27 PM
|Baytex to Present at Peters & Co. Limited 2017 Energy Conference - GlobeNewswire (press release)|
globenewswire.com - September 6 at 9:50 PM
|Baytex to Present at Peters & Co. Limited 2017 Energy Conference|
feeds.benzinga.com - September 6 at 6:52 PM
|Baytex Energy Corp. – Value Analysis (NYSE:BTE) : September 6, 2017|
finance.yahoo.com - September 5 at 11:23 PM
|Baytex Energy Corp (BTE) Stock Rating Lowered by ValuEngine|
www.americanbankingnews.com - September 3 at 8:26 PM
|Baytex Energy Corp. breached its 50 day moving average in a Bullish Manner : BTE-US : September 1, 2017|
finance.yahoo.com - September 1 at 5:06 PM
|Baytex Energy Corp (BTE) Expected to Post Earnings of -$0.17 Per Share|
www.americanbankingnews.com - August 31 at 6:12 PM
|Baytex Energy Corp (BTE) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - August 31 at 1:46 AM
|Baytex Energy (BTE) Temporarily Shuts In Eagle Ford Production Due to Hurricane Harvey - StreetInsider.com|
www.streetinsider.com - August 28 at 9:45 PM
|Baytex Temporarily Shuts In Eagle Ford Production Due to Hurricane Harvey|
finance.yahoo.com - August 28 at 9:45 PM
|Crescent Point Energy Corp. or Baytex Energy Corp.: Which One is Worth A Shot Today? - The Motley Fool Canada|
www.fool.ca - August 28 at 4:44 PM
|Baytex Energy Corp (BTE) Short Interest Down 3.9% in July|
www.americanbankingnews.com - August 22 at 11:34 PM
|Will Saudi Arabia’s Production and Exports Support Crude Oil Futures?|
finance.yahoo.com - August 22 at 5:24 PM
|Baytex Energy Corp (BTE) Downgraded to Sell at BidaskClub|
www.americanbankingnews.com - August 20 at 2:32 PM
|Baytex Energy Corp (BTE) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - August 18 at 10:49 AM
|ETFs with exposure to Baytex Energy Corp. : August 16, 2017|
finance.yahoo.com - August 16 at 10:19 PM
|Contrarian Investors: Is Baytex Energy Corp. or Cameco Corp. a Better Bet? - The Motley Fool Canada|
www.fool.ca - August 16 at 5:18 PM
|Baytex Energy Corp. breached its 50 day moving average in a Bearish Manner : BTE-US : August 15, 2017|
finance.yahoo.com - August 15 at 5:34 PM
|Baytex Energy Corp (BTE) Upgraded at Zacks Investment Research|
www.americanbankingnews.com - August 11 at 6:42 PM
|P&G, Valeant Exemplify Wall Street's 'Overboarded' Problem; Musk Must Raise Funds -- ICYMI Thursday - TheStreet.com|
www.thestreet.com - August 3 at 11:14 PM
|Baytex Energy: It's The Cash Flow - Baytex Energy Corp. (NYSE ... - Seeking Alpha|
seekingalpha.com - August 3 at 6:13 PM
|Baytex Energy Corp. :BTE-US: Earnings Analysis: Q2, 2017 By the Numbers : August 3, 2017|
finance.yahoo.com - August 3 at 6:13 PM
|Baytex Energy Corp (NYSE:BTE) Posts Quarterly Earnings Results, Beats Expectations By $0.17 EPS|
www.americanbankingnews.com - August 2 at 5:40 PM
|Investor Network: Baytex Energy Corp. to Host Earnings Call|
finance.yahoo.com - August 1 at 5:36 PM
|Baytex Energy Corp (BTE) vs. EOG Resources (EOG) Critical Contrast|
www.americanbankingnews.com - July 30 at 10:07 PM
|Baytex Energy Corp. breached its 50 day moving average in a Bullish Manner : BTE-US : July 27, 2017|
finance.yahoo.com - July 27 at 5:17 PM
|Baytex Energy Corp (BTE) to Release Quarterly Earnings on Tuesday|
www.americanbankingnews.com - July 27 at 10:00 AM
|Baytex Energy Corp (NYSE:BTE) Expected to Announce Earnings of -$0.14 Per Share|
www.americanbankingnews.com - July 26 at 9:12 AM
|Baytex Conference Call and Webcast on Second Quarter 2017 Results to be Held on August ...|
globenewswire.com - July 26 at 2:41 AM
|Baytex Conference Call and Webcast on Second Quarter 2017 Results to be Held on August 1, 2017|
finance.yahoo.com - July 25 at 9:41 PM
|Baytex Energy Corp (NYSE:BTE) Receives Average Rating of "Hold" from Analysts|
www.americanbankingnews.com - July 24 at 11:34 AM
|Oil Hits 6-Week High: Time to Buy Baytex Energy Corp.?|
www.fool.ca - July 20 at 11:30 PM
|Baytex Energy Corp (NYSE:BTE) Rating Lowered to Underperform at Raymond James Financial, Inc.|
www.americanbankingnews.com - July 9 at 7:14 PM
|Baytex Energy Corp (BTE) Lowered to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - July 5 at 5:34 PM
|Zacks: Analysts Expect Baytex Energy Corp (BTE) Will Announce Earnings of -$0.09 Per Share|
www.americanbankingnews.com - June 29 at 10:30 PM
|Scotiabank Lowers Baytex Energy Corp (BTE) to Sector Perform|
www.americanbankingnews.com - June 29 at 7:34 AM
|Baytex Energy Corp (BTE) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - June 27 at 10:56 AM
|Baytex Provides Operational Update - Q2 2017 Production Up 5%|
finance.yahoo.com - June 26 at 9:44 PM
|Baytex Energy Corp.: A Contrarian Bet at $3 Per Share? - The Motley Fool Canada|
www.fool.ca - June 22 at 11:30 AM
|Why Baytex Energy Corp. Remains an Extremely Speculative Play|
www.baystreet.ca - June 8 at 4:59 PM
| Analysts Anticipate Baytex Energy Corp (BTE) Will Post Earnings of -$0.09 Per Share|
www.americanbankingnews.com - June 5 at 8:22 PM
|Baytex Energy Corp (BTE) Receives Average Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - June 2 at 11:14 AM
|Baytex Energy Corp. breached its 50 day moving average in a Bearish Manner : BTE-US : May 26, 2017|
finance.yahoo.com - May 26 at 4:27 PM
|Baytex Energy Corp.: If You’re Bullish on Oil, This Is the Stock for You|
www.fool.ca - May 23 at 1:01 PM
|ETFs with exposure to Baytex Energy Corp. : May 22, 2017|
finance.yahoo.com - May 22 at 3:59 PM
|Baytex Energy Corp. breached its 50 day moving average in a Bullish Manner : BTE-US : May 11, 2017|
finance.yahoo.com - May 11 at 4:37 PM
|ETFs with exposure to Baytex Energy Corp. : May 11, 2017|
finance.yahoo.com - May 11 at 4:36 PM
|Baytex Energy Corp. :BTE-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017|
finance.yahoo.com - May 9 at 4:05 PM
Baytex Energy Corp (BTE) Chart for Wednesday, September, 20, 2017