S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
How major US stock indexes fared Friday, 4/19/2024
American Express profits jump 34%, helped by jump in new customers, higher spending
American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024
Intuitive Surgical Stock Can Trend Much Higher This Year 
3 Magnificent Seven Stocks Outperforming the Rest
Bargain Hunting: 3 Stocks With RSIs That Scream Oversold
Closing prices for crude oil, gold and other commodities

Baytex Energy (BTE) Competitors

C$5.00
+0.02 (+0.40%)
(As of 04/19/2024 ET)

BTE vs. POU, ATH, PEY, VET, ERF, NVA, PXT, IPCO, FRU, and WCP

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include Paramount Resources (POU), Athabasca Oil (ATH), Peyto Exploration & Development (PEY), Vermilion Energy (VET), Enerplus (ERF), NuVista Energy (NVA), Parex Resources (PXT), International Petroleum (IPCO), Freehold Royalties (FRU), and Whitecap Resources (WCP). These companies are all part of the "oil & gas e&p" industry.

Baytex Energy vs.

Paramount Resources (TSE:POU) and Baytex Energy (TSE:BTE) are both mid-cap energy companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, community ranking, profitability, dividends, earnings and media sentiment.

Paramount Resources currently has a consensus target price of C$34.15, suggesting a potential upside of 17.15%. Baytex Energy has a consensus target price of C$6.40, suggesting a potential upside of 28.00%. Given Paramount Resources' higher possible upside, analysts clearly believe Baytex Energy is more favorable than Paramount Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Resources
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70
Baytex Energy
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.64

Paramount Resources has a beta of 3.31, indicating that its stock price is 231% more volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 2.78, indicating that its stock price is 178% more volatile than the S&P 500.

11.7% of Paramount Resources shares are held by institutional investors. Comparatively, 37.0% of Baytex Energy shares are held by institutional investors. 45.9% of Paramount Resources shares are held by company insiders. Comparatively, 0.7% of Baytex Energy shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Paramount Resources pays an annual dividend of C$1.50 per share and has a dividend yield of 5.1%. Baytex Energy pays an annual dividend of C$0.09 per share and has a dividend yield of 1.8%. Paramount Resources pays out 47.3% of its earnings in the form of a dividend. Baytex Energy pays out -27.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

In the previous week, Paramount Resources had 5 more articles in the media than Baytex Energy. MarketBeat recorded 7 mentions for Paramount Resources and 2 mentions for Baytex Energy. Paramount Resources' average media sentiment score of 1.49 beat Baytex Energy's score of 0.30 indicating that Baytex Energy is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paramount Resources
2 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Baytex Energy
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paramount Resources has a net margin of 26.13% compared to Paramount Resources' net margin of -8.60%. Baytex Energy's return on equity of 13.67% beat Paramount Resources' return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Resources26.13% 13.67% 6.77%
Baytex Energy -8.60%-6.81%-2.14%

Baytex Energy received 110 more outperform votes than Paramount Resources when rated by MarketBeat users. Likewise, 57.14% of users gave Baytex Energy an outperform vote while only 52.51% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Paramount ResourcesOutperform Votes
398
52.51%
Underperform Votes
360
47.49%
Baytex EnergyOutperform Votes
508
57.14%
Underperform Votes
381
42.86%

Paramount Resources has higher earnings, but lower revenue than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount ResourcesC$1.80B2.34C$470.20MC$3.179.20
Baytex EnergyC$2.71B1.52-C$233.36M-C$0.33-15.15

Summary

Paramount Resources beats Baytex Energy on 12 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTE vs. The Competition

MetricBaytex EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$4.11BC$1.63BC$4.32BC$5.27B
Dividend Yield1.70%8.48%7.49%5.53%
P/E Ratio-15.15100.1696.0623.93
Price / Sales1.5235,455.1824,714.131,439.23
Price / Cash726.2584.8867.0779.49
Price / Book1.071.311.523.07
Net Income-C$233.36MC$140.54MC$548.33MC$298.19M
7 Day Performance-3.66%-1.69%-1.94%-1.35%
1 Month Performance4.82%4.09%3.40%14.11%
1 Year Performance-1.77%13.41%19.97%19.36%

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POU
Paramount Resources
3.7908 of 5 stars
C$28.95
flat
C$33.90
+17.1%
-10.5%C$4.18BC$1.80B9.13579Analyst Report
Insider Selling
ATH
Athabasca Oil
1.2109 of 5 stars
C$5.17
+1.0%
C$6.00
+16.1%
+45.9%C$2.93BC$1.20B-57.44170News Coverage
PEY
Peyto Exploration & Development
0.7698 of 5 stars
C$14.68
-2.7%
C$16.11
+9.8%
+18.0%C$2.84BC$945.51M9.0653Analyst Report
News Coverage
VET
Vermilion Energy
3.4699 of 5 stars
C$16.66
+0.8%
C$21.85
+31.1%
-10.3%C$2.70BC$1.83B-11.49740Analyst Report
ERF
Enerplus
1.6997 of 5 stars
C$28.14
-0.2%
C$23.67
-15.9%
+38.6%C$5.72BC$1.53B9.91404Positive News
NVA
NuVista Energy
3.9951 of 5 stars
C$12.12
+1.6%
C$14.81
+22.2%
+4.8%C$2.52BC$1.26B7.3588Analyst Report
News Coverage
PXT
Parex Resources
3.9533 of 5 stars
C$23.50
+0.6%
C$30.74
+30.8%
-14.0%C$2.43BC$1.17B4.00449News Coverage
IPCO
International Petroleum
0 of 5 stars
C$17.81
+1.3%
C$17.63
-1.0%
+27.6%C$2.23BC$853.91M10.24N/A
FRU
Freehold Royalties
1.0667 of 5 stars
C$14.30
-0.2%
C$17.81
+24.5%
-4.9%C$2.15BC$314.58M16.25N/ADividend Announcement
Analyst Report
News Coverage
WCP
Whitecap Resources
3.8067 of 5 stars
C$10.49
flat
C$13.35
+27.3%
-5.1%C$6.27BC$3.23B7.18542Upcoming Earnings
Dividend Cut
Analyst Report
News Coverage

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This page (TSE:BTE) was last updated on 4/20/2024 by MarketBeat.com Staff

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