TSE:BTE Baytex Energy (BTE) Stock Forecast, Price & News C$4.43 +0.15 (+3.50%) (As of 06/1/2023 ET) Add Compare Share Share Today's RangeC$4.26▼C$4.4850-Day RangeC$4.28▼C$5.4552-Week RangeC$4.18▼C$9.16Volume2.97 million shsAverage Volume3.99 million shsMarket CapitalizationC$2.42 billionP/E Ratio2.86Dividend YieldN/APrice TargetC$7.53 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesOptions ChainSocial Media Baytex Energy MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside70.0% UpsideC$7.53 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.87Based on 3 Articles This WeekInsider TradingAcquiring SharesC$55,023 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.65 out of 5 stars 3.3 Analyst's Opinion Consensus RatingBaytex Energy has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$7.53, Baytex Energy has a forecasted upside of 70.0% from its current price of C$4.43.Amount of Analyst CoverageBaytex Energy has only been the subject of 2 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for BTE. Previous Next 0.0 Dividend Strength Dividend YieldBaytex Energy does not currently pay a dividend.Dividend GrowthBaytex Energy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for BTE. Previous Next 3.3 News and Social Media Coverage News SentimentBaytex Energy has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Baytex Energy this week, compared to 2 articles on an average week.Search InterestOnly 21 people have searched for BTE on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.MarketBeat Follows12 people have added Baytex Energy to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Baytex Energy insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$55,023.00 in company stock and sold C$0.00 in company stock.Percentage Held by InsidersOnly 1.17% of the stock of Baytex Energy is held by insiders.Percentage Held by InstitutionsOnly 17.27% of the stock of Baytex Energy is held by institutions. Previous Next 3.1 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Baytex Energy is 2.86, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.59.Price to Earnings Ratio vs. SectorThe P/E ratio of Baytex Energy is 2.86, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 54.31.Price to Earnings Growth RatioBaytex Energy has a PEG Ratio of 0.12. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioBaytex Energy has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Baytex Energy (TSE:BTE) StockBaytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.Read More Receive BTE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Baytex Energy and its competitors with MarketBeat's FREE daily newsletter. Email Address BTE Stock News HeadlinesMay 30, 2023 | americanbankingnews.comBaytex Energy Corp. (TSE:BTE) Receives C$7.38 Average PT from BrokeragesMay 29, 2023 | finance.yahoo.comBaytex Restarts Production Following Alberta WildfiresJune 2, 2023 | Behind the Markets (Ad)BREAKING: The truth about war with ChinaForeign Affairs reports, "China is Now in a Prewar Tempo of Political and Military Preparations." China has one goal: take control of Taiwan, and an invasion could happen any day. I've identified 5 investments I believe are in immediate danger. But you can get out of them now - before it's too late.May 16, 2023 | finance.yahoo.comShifting Fires in Canada’s Energy Province Hamper Output AgainMay 15, 2023 | finance.yahoo.comBaytex Receives Shareholder Approval for Acquisition of Ranger and Reports Shareholder Meeting ResultsMay 15, 2023 | msn.comBetter Buy: Crescent Point Energy or Baytex Energy Stock?May 11, 2023 | theglobeandmail.comClosing Bell: Baytex Energy Corp flat on Thursday (BTE)May 10, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) Price Target Cut to C$6.25June 2, 2023 | Vantage Point (Ad)Instantly Find Hidden Trade OpportunitiesThere’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 9, 2023 | americanbankingnews.comAtb Cap Markets Comments on Baytex Energy Corp.'s FY2023 Earnings (TSE:BTE)May 8, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) PT Lowered to C$6.00 at BMO Capital MarketsMay 8, 2023 | americanbankingnews.comBrokerages Set Baytex Energy Corp. (TSE:BTE) Target Price at C$7.51May 2, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Baytex Energy Corp.'s Q1 2024 Earnings (TSE:BTE)April 29, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) Receives Outperform Rating from Atb Cap MarketsApril 29, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) Rating Reiterated by Atb Cap MarketsApril 28, 2023 | americanbankingnews.comFY2023 EPS Estimates for Baytex Energy Corp. (TSE:BTE) Decreased by Stifel FirstegyApril 19, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) PT Raised to C$6.50 at BMO Capital MarketsApril 18, 2023 | theglobeandmail.comClosing Bell: Baytex Energy Corp down on Tuesday (BTE)April 14, 2023 | theglobeandmail.comClosing Bell: Baytex Energy Corp up on Friday (BTE)April 14, 2023 | americanbankingnews.comScotiabank Trims Baytex Energy (TSE:BTE) Target Price to C$6.50April 14, 2023 | americanbankingnews.comBaytex Energy (TSE:BTE) Upgraded at Royal Bank of CanadaApril 14, 2023 | finance.yahoo.comBaytex Provides Update to Debt Financing for Ranger AcquisitionApril 13, 2023 | msn.comBaytex Energy prices upsized US$800M senior notesApril 13, 2023 | finance.yahoo.comBaytex Announces Pricing of Upsized Private Offering of US$800 Million of Senior NotesApril 13, 2023 | finance.yahoo.comBaytex Announces Expiration of Hart-Scott-Rodino Waiting Period Relating to the Acquisition of Ranger OilApril 13, 2023 | americanbankingnews.comBaytex Energy Corp. (TSE:BTE) Receives C$7.71 Consensus Price Target from AnalystsApril 11, 2023 | fool.comBaytex Energy (NYSE: BTE)See More Headlines BTE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart BTE Company Calendar Today6/01/2023Next Earnings (Estimated)7/26/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Oil & Gas E & P Sub-IndustryN/A SectorOils/Energy Current SymbolTSE:BTE CUSIPN/A CIKN/A Webwww.baytex.ab.ca Phone+1-587-9523000FaxN/AEmployees231Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$7.53 High Stock Price ForecastC$9.00 Low Stock Price ForecastC$5.50 Forecasted Upside/Downside+70.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.55 Trailing P/E Ratio2.86 Forward P/E Ratio5.23 P/E Growth0.12Net IncomeC$850.19 million Net Margins38.01% Pretax MarginN/A Return on Equity31.92% Return on Assets13.88% Debt Debt-to-Equity Ratio31.23 Current Ratio0.90 Quick Ratio0.77 Sales & Book Value Annual SalesC$2.24 billion Price / Sales1.08 Cash FlowC$0.01 per share Price / Cash Flow726.25 Book ValueC$5.65 per share Price / Book0.78Miscellaneous Outstanding Shares545,550,000Free FloatN/AMarket CapC$2.42 billion OptionableOptionable Beta2.87 Key ExecutivesMr. Chad E. Lundberg (Age 40)Chief Operating & Sustainability Officer Comp: $580.8kMr. Brian G. Ector (Age 53)VP of Capital Markets Comp: $584.1kMr. Edward David LaFehr (Age 62)Advisor Comp: $1.78MMr. Kendall D. Arthur (Age 41)VP of Heavy Oil Comp: $738.1kMr. Eric Thomas Greager (Age 51)Pres, CEO & Director Mr. Chad L. Kalmakoff C.A. (Age 45)Exec. VP & CFO Mr. James MacleanVP, Gen. Counsel & Corp. Sec.Mr. M. Scott Lovett (Age 48)VP of Corp. Devel. More ExecutivesKey CompetitorsSpartan DeltaTSE:SDEFreehold RoyaltiesTSE:FRUPeyto Exploration & DevelopmentTSE:PEYSeven Generations EnergyTSE:VIITamarack Valley EnergyTSE:TVEView All CompetitorsInsidersKendall Douglas ArthurBought 10,000 shares on 3/7/2023Total: C$55,023.00 ($5.50/share)Trudy Marie CurranSold 81,900 sharesTotal: C$617,526.00 ($7.54/share)Rodney GrayBought 20,000 shares on 6/23/2022Total: C$113,700.00 ($5.69/share)Mark BlyBought 12,000 shares on 6/23/2022Total: C$67,080.00 ($5.59/share)View All Insider Transactions BTE Stock - Frequently Asked Questions Should I buy or sell Baytex Energy stock right now? 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Baytex Energy in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" BTE shares. View BTE analyst ratings or view top-rated stocks. What is Baytex Energy's stock price forecast for 2023? 6 equities research analysts have issued 12-month price objectives for Baytex Energy's shares. Their BTE share price forecasts range from C$5.50 to C$9.00. On average, they predict the company's stock price to reach C$7.53 in the next twelve months. This suggests a possible upside of 70.0% from the stock's current price. View analysts price targets for BTE or view top-rated stocks among Wall Street analysts. How have BTE shares performed in 2023? Baytex Energy's stock was trading at C$6.08 on January 1st, 2023. Since then, BTE shares have decreased by 27.1% and is now trading at C$4.43. View the best growth stocks for 2023 here. When is Baytex Energy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 26th 2023. View our BTE earnings forecast. 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 Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), Vermilion Energy (VET), Crescent Point Energy (CPG), Whitecap Resources (WCP), Toronto-Dominion Bank (TD), Enbridge (ENB) and Birchcliff Energy (BIR). 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 stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.Compare Top Brokerages Here. What is Baytex Energy's stock price today? One share of BTE stock can currently be purchased for approximately C$4.43. How much money does Baytex Energy make? Baytex Energy (TSE:BTE) has a market capitalization of C$2.42 billion and generates C$2.24 billion in revenue each year. The company earns C$850.19 million in net income (profit) each year or C$1.55 on an earnings per share basis. How many employees does Baytex Energy have? The company employs 231 workers across the globe. How can I contact Baytex Energy? Baytex Energy's mailing address is 2800-520 3 Ave SW, CALGARY, AB T2P 0R3, Canada. The official website for the company is www.baytex.ab.ca. The company can be reached via phone at +1-587-9523000. This page (TSE:BTE) was last updated on 6/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Baytex Energy Corp. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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