TSE:BTEBaytex Energy Stock Price, Forecast & News

C$0.44

+0.01 (+2.33 %)

(As of 05/27/2020 04:00 PM ET)

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Today's Range

C$0.41

Now: C$0.44▼

C$0.44

50-Day Range

C$0.30

MA: C$0.38▼

C$0.44

52-Week Range

C$0.27

Now: C$0.44▼

C$2.36

Volume4.24 million shs

Average Volume6.42 million shs

Market CapitalizationC$246.62 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of March 6, 2019, it had proved developed producing reserves of 135 million barrels of oil equivalent (mmboe); proved reserves of 315 mmboe; and proved plus probable reserves of 527 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

Beat the Market (BTM) Rank^™

3.9 Analyst's Opinion

Consensus Rating
Baytex Energy has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on no buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$1.35, Baytex Energy has a potential upside of 206.8% from its current price of C$0.44.
Amount of Analyst Coverage
Baytex Energy has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.2 Community Rank

Outperform Votes
Baytex Energy has received 464 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Baytex Energy has received 604 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Baytex Energy has received 56.55% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Baytex Energy and other stocks. Vote “Outperform” if you believe BTE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe BTE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Baytex Energy does not currently pay a dividend.
Dividend Growth
Baytex Energy does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Baytex Energy insiders have not sold or bought any company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Baytex Energy are expected to grow in the coming year, from C($0.23) to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Baytex Energy is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Baytex Energy is -0.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Baytex Energy, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Baytex Energy has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.48 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Oil & Gas E&P

Sub-IndustryN/A

SectorEnergy

Current SymbolTSE:BTE

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.baytex.ab.ca

Phone+1-587-9523000

Debt

Debt-to-Equity Ratio310.46

Current Ratio0.89

Quick Ratio0.47

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E Growth-0.03

Sales & Book Value

Annual SalesC$1.39 billion

Price / Sales0.18

Cash FlowC$0.01 per share

Price / Cash Flow36.50

Book ValueC$1.12 per share

Price / Book0.39

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees242

Outstanding Shares560,500,000

Market CapC$246.62 million

Next Earnings Date8/6/2020 (Estimated)

OptionableOptionable

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Baytex Energy (TSE:BTE) Frequently Asked Questions

How has Baytex Energy's stock been impacted by COVID-19 (Coronavirus)?

Baytex Energy's stock was trading at C$0.55 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, BTE stock has decreased by 20.0% and is now trading at C$0.44. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Baytex Energy?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last year. There are currently 1 sell rating and 8 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Baytex Energy.

When is Baytex Energy's next earnings date?

Baytex Energy is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Baytex Energy.

How were Baytex Energy's earnings last quarter?

Baytex Energy Corp (TSE:BTE) issued its earnings results on Thursday, May, 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.09) by $0.02. The company earned $336.61 million during the quarter. View Baytex Energy's earnings history.

What price target have analysts set for BTE?

9 analysts have issued twelve-month price objectives for Baytex Energy's shares. Their forecasts range from C$0.30 to C$4.00. On average, they anticipate Baytex Energy's stock price to reach C$1.35 in the next twelve months. This suggests a possible upside of 206.8% from the stock's current price. View analysts' price targets for Baytex Energy.

Has Baytex Energy been receiving favorable news coverage?

Media coverage about BTE stock has trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Baytex Energy earned a news sentiment score of -3.4 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news aboutBaytex Energy.

Who are some of Baytex Energy's key competitors?

Some companies that are related to Baytex Energy include Whitecap Resources (WCP), Canacol Energy (CNE), Diversified Gas & Oil (DGOC), Kosmos Energy (KOS), Canacol Energy (CNNEF), Kina Petroleum (KPE), Freehold Royalties (FRU), Peyto Exploration & Development (PEY), Frontera Energy (FEC), Advantage Oil & Gas (AAV), BlackPearl Resources (PXX), TORC Oil and Gas (TOG), Eland Oil & Gas (ELA), Contango Oil & Gas (MCF) and Extraction Oil & Gas (CDEV). View all competitors.

What other stocks do shareholders of Baytex Energy own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Baytex Energy investors own include Constellation Software (CSU), Intact Financial (IFC), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Crescent Point Energy (CPG), Vermilion Energy (VET), Toronto-Dominion Bank (TD), Inter Pipeline (IPL), AbbVie (ABBV) and Whitecap Resources (WCP).

Who are Baytex Energy's key executives?

Baytex Energy's management team includes the following people:

Mr. Edward David LaFehr, Pres, CEO & Director (Age 59)
Mr. Rodney D. Gray, Exec. VP & CFO (Age 47)
Mr. Jason Jowill Jaskela, Exec. VP & COO (Age 42)
Mr. Brian G. Ector, Sr. VP of Capital Markets & Public Affairs (Age 50)
Mr. M. Scott Lovett, VP of Corp. Devel. (Age 45)

What is Baytex Energy's stock symbol?

Baytex Energy trades on the Toronto Stock Exchange (TSX) under the ticker symbol "BTE."

How do I buy shares of Baytex Energy?

Shares of BTE and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Baytex Energy's stock price today?

One share of BTE stock can currently be purchased for approximately C$0.44.

How big of a company is Baytex Energy?

Baytex Energy has a market capitalization of C$246.62 million and generates C$1.39 billion in revenue each year. Baytex Energy employs 242 workers across the globe.

What is Baytex Energy's official website?

The official website for Baytex Energy is www.baytex.ab.ca.

How can I contact Baytex Energy?

Baytex Energy's mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The company can be reached via phone at +1-587-9523000.

This page was last updated on 5/27/2020 by MarketBeat.com Staff