Baytex Energy Corp's fundamentals are relatively healthy, and its growth potential is significant.Its valuation is considered fairly valued, ranking 45/120 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 5.06.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Baytex Energy Corp's Score
Industry at a Glance
Industry Ranking
45 / 120
Overall Ranking
190 / 4563
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
5.058
Target Price
+59.57%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Baytex Energy Corp Highlights
StrengthsRisks
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged 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. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). The Canadian operating segment includes its light oil assets in the Viking and Duvernay, its heavy oil assets in Peace River and Lloydminster and its conventional oil and natural gas assets in Western Canada. The U.S. operating segment includes its Eagle Ford operated and non-operated assets in Texas. Its Viking assets are in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds a 100% working interest land position in the East Duvernay resource play in central Alberta.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 34.75% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 30.43%.
Fairly Valued
The company’s latest PB is 0.80, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 341.40M shares, increasing 0.05% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.08.
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged 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. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). The Canadian operating segment includes its light oil assets in the Viking and Duvernay, its heavy oil assets in Peace River and Lloydminster and its conventional oil and natural gas assets in Western Canada. The U.S. operating segment includes its Eagle Ford operated and non-operated assets in Texas. Its Viking assets are in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds a 100% working interest land position in the East Duvernay resource play in central Alberta.
Ticker SymbolBTE
CompanyBaytex Energy Corp
CEOGreager (Eric T)
Websitehttps://www.baytexenergy.com/
FAQs
What is the current price of Baytex Energy Corp (BTE)?
The current price of Baytex Energy Corp (BTE) is 3.135.
What is the symbol of Baytex Energy Corp?
The ticker symbol of Baytex Energy Corp is BTE.
What is the 52-week high of Baytex Energy Corp?
The 52-week high of Baytex Energy Corp is 4.650.
What is the 52-week low of Baytex Energy Corp?
The 52-week low of Baytex Energy Corp is 1.910.
What is the market capitalization of Baytex Energy Corp?
The market capitalization of Baytex Energy Corp is 2.41B.
What is the net income of Baytex Energy Corp?
The net income of Baytex Energy Corp is 236.60M.
Is Baytex Energy Corp (BTE) currently rated as Buy, Hold, or Sell?
According to analysts, Baytex Energy Corp (BTE) has an overall rating of Buy, with a price target of 5.058.
What is the Earnings Per Share (EPS TTM) of Baytex Energy Corp (BTE)?
The Earnings Per Share (EPS TTM) of Baytex Energy Corp (BTE) is 0.204.