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NYSE:BTE

Baytex Energy (BTE) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$3.24
$3.37
50-Day Range
$0.30
$0.57
52-Week Range
$0.19
$1.62
Volume
7.94 million shs
Average Volume
7.59 million shs
Market Capitalization
$2.66 billion
P/E Ratio
N/A
Dividend Yield
2.13%
Price Target
$8.00

Baytex Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
143.5% Upside
$8.00 Price Target
Short Interest
Healthy
3.30% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
36.36%
From $0.22 to $0.30 Per Share

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.

3.43 out of 5 stars

Oils/Energy Sector

95th out of 240 stocks

Drilling Oil & Gas Wells Industry

4th out of 12 stocks

BTE stock logo

About Baytex Energy Stock (NYSE:BTE)

Baytex Energy Corp. is an oil & gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.

BTE Stock News Headlines

Kiss of death from Joe Biden
Biden cannot lose this election. A bombshell new documentary exposes how the D.C establishment has engineered an “electoral failsafe” that all but guarantees Democratic victory… not just in 2024 but every future election.
Tamarack Valley Energy: Time To Make It All Work
Kiss of death from Joe Biden
Biden cannot lose this election. A bombshell new documentary exposes how the D.C establishment has engineered an “electoral failsafe” that all but guarantees Democratic victory… not just in 2024 but every future election.
Bitcoin breaks new price record
CNQ Sep 2024 60.000 put
CNQ Jun 2024 40.000 put
Stifel Nicolaus Keeps Their Buy Rating on Baytex Energy (BTE)
Earnings Preview: Baytex Energy
Rubellite Energy Seems Deeply Undervalued By The Market
Baytex Energy Corp
Canadian Market Notably Lower As Energy, Materials Shares Drop
See More Headlines
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Company Calendar

Ex-Dividend for 4/1 Dividend
3/14/2024
Dividend Payable
4/01/2024
Last Earnings
5/09/2024
Ex-Dividend for 7/2 Dividend
6/14/2024
Today
6/18/2024
Dividend Payable
7/02/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Drilling oil & gas wells
Sub-Industry
N/A
Employees
231
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.50
Low Stock Price Target
$7.50
Potential Upside/Downside
+148.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-172,870,000.00
Pretax Margin
-15.23%

Debt

Sales & Book Value

Annual Sales
$2.51 billion
Cash Flow
$1.50 per share
Book Value
$3.45 per share

Miscellaneous

Free Float
804,887,000
Market Cap
$2.61 billion
Optionable
Optionable
Beta
1.92
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BTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Baytex Energy stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last twelve months. There are currently 1 hold rating and 4 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?

5 Wall Street research analysts have issued 12 month price objectives for Baytex Energy's shares. Their BTE share price targets range from $7.50 to $8.50. On average, they expect the company's share price to reach $8.00 in the next year. This suggests a possible upside of 143.5% from the stock's current price.
View analysts price targets for BTE
or view top-rated stocks among Wall Street analysts.

Are investors shorting Baytex Energy?

Baytex Energy saw a decline in short interest in May. As of May 31st, there was short interest totaling 23,510,000 shares, a decline of 6.7% from the May 15th total of 25,190,000 shares. Based on an average daily volume of 9,630,000 shares, the short-interest ratio is currently 2.4 days. Approximately 3.3% of the company's stock are sold short.
View Baytex Energy's Short Interest
.

When is Baytex Energy's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our BTE earnings forecast
.

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp. (NYSE:BTE) announced its quarterly earnings data on Thursday, May, 9th. The oil and gas producer reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.10. The oil and gas producer earned $730.06 million during the quarter. Baytex Energy had a positive trailing twelve-month return on equity of 12.51% and a negative net margin of 7.65%. During the same quarter in the prior year, the company posted $0.07 EPS.

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

Baytex Energy declared a quarterly dividend on Thursday, May 9th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.016 per share on Tuesday, July 2nd. This represents a $0.06 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Friday, June 14th.
Read our dividend analysis for BTE
.

Is Baytex Energy a good dividend stock?

Baytex Energy (NYSE:BTE) pays an annual dividend of $0.07 per share and currently has a dividend yield of 2.06%.
Read our dividend analysis for BTE.

What ETFs hold Baytex Energy's stock?

ETFs with the largest weight of Baytex Energy (NYSE:BTE) stock in their portfolio include Formidable ETF (FORH).First Trust Natural Gas ETF (FCG).

What other stocks do shareholders of Baytex Energy own?
Who are Baytex Energy's major shareholders?

Baytex Energy's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (3.09%), Swiss National Bank (0.18%), Access Investment Management LLC (0.14%), Thomist Capital Management LP (0.13%), Toronto Dominion Bank (0.05%) and Virtu Financial LLC (0.05%).

This page (NYSE:BTE) was last updated on 6/18/2024 by MarketBeat.com Staff

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