Baytex Energy Corp. (BTE)
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]
Analyst Forecast
According to one analyst, the rating for BTE stock is "Hold" and the 12-month stock price forecast is $5.5.
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...
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...
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 ...
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...
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...
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,...
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...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...