Baytex Energy Corp. (BTE)

NYSE: BTE · Real-Time Price · USD
3.000
+0.050 (1.69%)
Nov 20, 2024, 4:00 PM EST - Market closed
1.69%
Market Cap 2.35B
Revenue (ttm) 2.48B
Net Income (ttm) -259.64M
Shares Out 783.63M
EPS (ttm) -0.32
PE Ratio n/a
Forward PE 16.50
Dividend $0.06 (2.15%)
Ex-Dividend Date Dec 13, 2024
Volume 9,034,062
Open 2.970
Previous Close 2.950
Day's Range 2.960 - 3.030
52-Week Range 2.780 - 4.080
Beta 2.57
Analysts Hold
Price Target 5.50 (+83.33%)
Earnings Date Oct 31, 2024

About BTE

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It also holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was incorporated in 1993 and is headquartered in Ca... [Read more]

Sector Energy
Founded 1993
Employees 231
Stock Exchange NYSE
Ticker Symbol BTE
Full Company Profile

Financial Performance

Financial numbers in CAD Financial Statements

Analyst Forecast

According to one analyst, the rating for BTE stock is "Hold" and the 12-month stock price forecast is $5.5.

Price Target
$5.5
(83.33% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Baytex Energy: Post Ranger Oil Acquisition Improving Results

The assimilation and optimization costs related to the acquisition are fading. Clearwater production is rising as planned. This company may continue to post earnings that beat the industry expectation...

3 days ago - Seeking Alpha

Baytex Energy Corp. (BTE) Q3 2024 Earnings Call Transcript

Baytex Energy Corp. (NYSE:BTE) Q3 2024 Earnings Conference Call November 1, 2024 11:00 AM ET Company Participants Brian Ector - Senior Vice President, Capital Markets and Investor Relations Eric Grea...

19 days ago - Seeking Alpha

Baytex Announces Third Quarter 2024 Results

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September ...

20 days ago - Newsfile Corp

Baytex Announces Quarterly Dividend for January 2025

Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash divid...

20 days ago - Newsfile Corp

Baytex Conference Call and Webcast on Third Quarter 2024 Results to Be Held on November 1, 2024

Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its third quarter 2024 financial and operating results after the close of markets on Thu...

27 days ago - Newsfile Corp

Baytex Energy Vs. Pantheon Resources: The Big Discovery Trap - Part II

Baytex Energy, despite delisting and rejoining the NYSE, has a sustainable business model and ongoing income, unlike Pantheon Resources. Pantheon Resources saw a temporary stock price surge post-2020,...

4 weeks ago - Seeking Alpha

Baytex Energy: Solid Operational Performance, But Vulnerable To Lower Oil Prices

Baytex has met expectations operationally, and is on track to meet its full-year guidance. Baytex's heavy oil production grew 8% quarter-over-quarter. WCS differentials have ended up slightly wider th...

5 weeks ago - Seeking Alpha

Baytex Energy: 'But The Stock Price

Baytex Energy's stock price is temporarily depressed due to a large shareholder from the Ranger Oil acquisition selling shares. The Eagle Ford acreage is delivering anticipated improvements. This enab...

7 weeks ago - Seeking Alpha

Baytex Energy: Per Share Production Up 23%

Baytex Energy Corp. per share production is up sharply due to the acquisition. Clearwater wells return 500% at least in the current environment. Acquisition of Ranger Oil added much-needed light oil p...

4 months ago - Seeking Alpha

Baytex Energy Corp. (BTE) Q2 2024 Earnings Call Transcript

Baytex Energy Corp. (NYSE:BTE) Q2 2024 Earnings Conference Call July 26, 2024 11:00 AM ET Company Participants Brian Ector - SVP, Capital Markets and IR Eric Greager - President and CEO Chad Kalmakof...

4 months ago - Seeking Alpha

Baytex Announces Second Quarter 2024 Results

Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2024 ...

4 months ago - Newsfile Corp

Baytex Announces Quarterly Dividend for October 2024

Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend...

4 months ago - Newsfile Corp

Baytex Conference Call and Webcast on Second Quarter 2024 Results to be held on July 26, 2024

Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thurs...

4 months ago - Newsfile Corp

Baytex Energy: Clearwater Production Up As Advertised

Acquisition of oil light production allowed Baytex Energy to safely increase Clearwater heavy oil production without risking the company. Management may have an opportunity to achieve a faster Clearwa...

5 months ago - Seeking Alpha

Baytex Announces Renewal of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted ...

5 months ago - Newsfile Corp

Baytex Energy: Narrower WCS Differentials Partially Offset Lower Oil Prices

With the Trans Mountain Pipeline expansion, WCS differentials have narrowed to near negative US$12, which is a US$7 improvement compared to Q1 2024. This partially offsets the impact of weaker oil pri...

6 months ago - Seeking Alpha

Baytex Energy: Some Patience Needed

Baytex Energy posted a slight loss for Q1 due to non-cash issues, but cash flow grew at a healthy pace. Operational improvements are a priority for management to improve the situation. The large cash ...

6 months ago - Seeking Alpha

Baytex Energy Corp. (BTE) Q1 2024 Earnings Call Transcript

Baytex Energy Corp. (NYSE:BTE) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Brian Ector - SVP of Capital Markets and IR Eric Greager - President and CEO Chad Kalmako...

6 months ago - Seeking Alpha

Baytex Reports Shareholder Meeting Results

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today were appr...

6 months ago - Newsfile Corp

Baytex Announces First Quarter 2024 Results

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2024 (all amou...

6 months ago - Newsfile Corp

Baytex Announces Quarterly Dividend for July 2024

Calgary, Alberta--(Newsfile Corp. - May 9, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend o...

6 months ago - Newsfile Corp

Baytex Conference Call and Webcast on First Quarter 2024 Results to Be Held on May 10, 2024

Calgary, Alberta--(Newsfile Corp. - May 2, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its first quarter 2024 financial and operating results after the close of markets on Thursday...

7 months ago - Newsfile Corp

Baytex Energy Announces Granting of Exemptive Relief Regarding Its Normal Course Issuer Bid Program

Calgary, Alberta--(Newsfile Corp. - April 22, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced it obtained an exemption order from the Canadian securities regulators which...

7 months ago - Newsfile Corp

Baytex Announces Closing of US$575 Million Private Placement Offering of Senior Notes

Calgary, Alberta--(Newsfile Corp. - April 1, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private placement offering (the "Offering") of US$575 mill...

8 months ago - Newsfile Corp

Baytex Energy: Big Cash Flow Boost Bodes Well For Future Dividends

Baytex Energy Corp. cash flow has improved after acquiring highly profitable Eagle Ford properties. The market's focus on impairment charges overlooks the importance of cash flow as an indicator of co...

8 months ago - Seeking Alpha