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
$3.70
$3.78
50-Day Range
$0.30
$0.57
52-Week Range
$0.19
$1.62
Volume
7.69 million shs
Average Volume
11.45 million shs
Market Capitalization
$3.08 billion
P/E Ratio
N/A
Dividend Yield
1.87%
Price Target
$8.00

Baytex Energy MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
113.3% Upside
$8.00 Price Target
Short Interest
Healthy
2.48% 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
-9.80%
From $0.51 to $0.46 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.

1.30 out of 5 stars

Oils/Energy Sector

209th out of 240 stocks

Drilling Oil & Gas Wells Industry

12th out of 13 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

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Stifel Nicolaus Keeps Their Buy Rating on Baytex Energy (BTE)
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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
5/09/2024
Next Earnings (Confirmed)
5/09/2024
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
+115.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$-172,870,000.00
Pretax Margin
-19.04%

Debt

Sales & Book Value

Annual Sales
$2.51 billion
Cash Flow
$1.55 per share
Book Value
$3.45 per share

Miscellaneous

Free Float
815,080,000
Market Cap
$3.05 billion
Optionable
Optionable
Beta
2.00
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BTE Stock Analysis - Frequently Asked Questions

Should I buy or sell Baytex Energy stock right now?

5 Wall Street 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 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 brokers have issued 1 year target prices for Baytex Energy's stock. Their BTE share price targets range from $7.50 to $8.50. On average, they predict the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 113.3% 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 increase in short interest in March. As of March 31st, there was short interest totaling 16,010,000 shares, an increase of 10.5% from the March 15th total of 14,490,000 shares. Based on an average daily trading volume, of 9,070,000 shares, the days-to-cover ratio is presently 1.8 days. Approximately 2.2% of the shares of the stock are short sold.
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, May 9th 2024.
View our BTE earnings forecast
.

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp. (NYSE:BTE) released its quarterly earnings results on Wednesday, February, 28th. The oil and gas producer reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.08. The oil and gas producer had revenue of $782.72 million for the quarter. Baytex Energy had a negative net margin of 6.69% and a positive trailing twelve-month return on equity of 14.75%.

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 paid a dividend of $0.017 per share on Monday, April 1st. This represents a $0.07 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Thursday, March 14th. This is a positive change from the stock's previous quarterly dividend of $0.02.
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 1.88%.
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) and First Trust Natural Gas ETF (FCG).Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN).

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

Baytex Energy's stock is owned by many different institutional and retail investors. Top institutional investors include Swiss National Bank (0.18%), Access Investment Management LLC (0.14%), Thomist Capital Management LP (0.13%), Quantbot Technologies LP (0.04%), SIG North Trading ULC (0.00%) and Susquehanna Portfolio Strategies LLC (0.04%).

This page (NYSE:BTE) was last updated on 5/9/2024 by MarketBeat.com Staff

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