Baytex Energy Corp. (BTE)

NYSE: BTE · IEX Real-Time Price · USD
3.27
+0.07 (2.19%)
At close: Mar 20, 2023, 4:00 PM
3.30
+0.03 (0.92%)
Pre-market: Mar 21, 2023, 6:46 AM EDT
2.19%
Market Cap 314.05M
Revenue (ttm) 1.70B
Net Income (ttm) 624.53M
Shares Out 563.84M
EPS (ttm) 1.11
PE Ratio 2.95
Forward PE 7.19
Dividend n/a
Ex-Dividend Date n/a
Volume 2,261,729
Open 3.19
Previous Close 3.20
Day's Range 3.15 - 3.29
52-Week Range 3.15 - 4.40
Beta 3.82
Analysts Buy
Price Target 5.85 (+78.9%)
Earnings Date Apr 27, 2023

About BTE

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of January 20, 2020, it had proved develo... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1993
Employees 231
Stock Exchange NYSE
Ticker Symbol BTE
Full Company Profile

Financial Performance

In 2022, Baytex Energy's revenue was 2.33 billion, an increase of 52.13% compared to the previous year's 1.53 billion. Earnings were 855.61 million, a decrease of -46.98%.

Financial numbers in CAD Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for BTE stock is "Buy." The 12-month stock price forecast is $5.85, which is an increase of 78.90% from the latest price.

Price Target
$5.85
(78.90% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Should Value Investors Buy Baytex Energy (BTE) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest...

1 week ago - Zacks Investment Research

Baytex Announces Virtual Fireside Chat with TD Securities

Calgary, Alberta--(Newsfile Corp. - March 7, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that TD Securities will be hosting a virtual Fireside Chat with Eric Greager, Pre...

1 week ago - Newsfile Corp

RANGER OIL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Ranger Oil Corporation - ROCC

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Ranger Oil Corpo...

Other symbols: ROCC
2 weeks ago - Business Wire

Baytex to Present at the Scotia Howard Weil Energy Conference

Calgary, Alberta--(Newsfile Corp. - March 1, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at the Scotia Howard Wei...

2 weeks ago - Newsfile Corp

Baytex/Ranger Oil Combination First Of Its Kind In Almost A Year

Baytex Energy Corp. announced on Tuesday that is has agreed to acquire Eagle Ford Shale pure play Ranger Oil Corp. for $2.5 billion, including net debt of $650 million.

2 weeks ago - Forbes

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Ranger Oil Corporation

NEW YORK , Feb. 28, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by Ranger Oil Corporation (NASDAQ: ROCC) and its board of directors concerning the propose...

Other symbols: ROCC
2 weeks ago - PRNewsWire

BTE Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Baytex Energy Corp. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Baytex Energy Corp. (NYSE: BTE) and Ranger Oil Corporation is fair to Baytex shareholde...

2 weeks ago - Business Wire

Ranger Oil Enters into Definitive Merger Agreement with Baytex Energy

Ranger Shareholders to Receive $13.31 of cash and 7.49 shares of Baytex per Ranger Share Pro Forma Company will trade on both the NYSE and TSX HOUSTON, TX / ACCESSWIRE / February 28, 2023 / Ranger Oil...

Other symbols: ROCC
3 weeks ago - Accesswire

Baytex to Acquire Eagle Ford Operator Ranger Oil, Accelerates Shareholder Returns and Introduces a Dividend with Enhanced Free Cash Flow

Calgary, Alberta--(Newsfile Corp. - February 28, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex", the "Company" or "we") today announced that it has entered into a definitive agreement (t...

Other symbols: ROCC
3 weeks ago - Newsfile Corp

Baytex Announces Fourth Quarter and Full Year 2022 Financial and Operating Results and Year End Reserves

Calgary, Alberta--(Newsfile Corp. - February 23, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December ...

3 weeks ago - Newsfile Corp

Baytex Announces NYSE Listing

Calgary, Alberta--(Newsfile Corp. - February 17, 2023) - Baytex Energy Corp. (TSX: BTE) is pleased to announce that the New York Stock Exchange ("NYSE") has approved the listing of our common shares o...

1 month ago - Newsfile Corp

Baytex Releases 2021 ESG Report and Inaugural TCFD Report

Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Baytex Energy Corp. (TSX: BTE) today released its 2021 Environment, Social and Governance ("ESG") Report, which demonstrates our commitment to tran...

8 months ago - Newsfile Corp

Baytex Announces Second Quarter 2022 Results, Record Quarterly Free Cash Flow, Updated Shareholder Return Framework and Planned CEO Retirement

Calgary, Alberta--(Newsfile Corp. - July 27, 2022) - Baytex Energy Corp. (TSX: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2022 (all amounts...

8 months ago - Newsfile Corp

What's Going On With Baytex Energy Shares Today

RBC Capital analyst Greg Pardy raised the price target for Baytex Energy Corp (TSX: BTE) (OTC: BTEGF) to C$7 from C$6 while maintaining the Sector Perform rating on the shares. Pardy notes Baytex is o...

11 months ago - Benzinga

Baytex Announces Third Quarter 2020 Financial and Operating Results and Board Appointment

CALGARY, Alberta, Nov. 02, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX: BTE, NYSE: BTE.BC) reports its operating and financial results for the three and nine months ended September 30,...

2 years ago - GlobeNewsWire

Baytex Conference Call and Webcast on Third Quarter 2020 Results to Be Held on November 3, 2020

CALGARY, Alberta, Oct. 26, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 third quarter financial and operating results after the close of markets on Monday Novemb...

2 years ago - GlobeNewsWire

Baytex Announces Second Quarter 2020 Financial and Operating Results

CALGARY, Alberta, July 29, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) reports its operating and financial results for the three and six months ended June 30, 2020 (all a...

2 years ago - GlobeNewsWire

Baytex Conference Call and Webcast on Second Quarter 2020 Results to be Held on July 30, 2020

CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 second quarter financial and operating results after the close of markets on Wednesday ...

2 years ago - GlobeNewsWire

Baytex to Present at TD Securities 2020 Virtual Energy Conference

CALGARY, Alberta, July 06, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) is pleased to announce that Edward LaFehr, President and CEO, will be presenting at the TD Securities 2020 Vi...

2 years ago - GlobeNewsWire

Baytex Provides Corporate Update

CALGARY, Alberta, June 25, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) provides a corporate update that includes the resumption of previously shut-in crude oil production...

2 years ago - GlobeNewsWire

Baytex Reports Shareholder Meeting Results

CALGARY, Alberta, May 07, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) reports that all matters presented for approval at the annual meeting of shareholders held today we...

3 years ago - GlobeNewsWire

Baytex Provides Annual General Meeting Update

CALGARY, Alberta, April 27, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) will hold its 2020 annual general meeting (the "Meeting") on Thursday, May 7, 2020 at 3:00pm (MDT)...

3 years ago - GlobeNewsWire

BAYTEX RECEIVES NYSE LISTING NOTIFICATION

CALGARY, Alberta, March 25, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announced that it received notification on March 24, 2020 from the New York Stock Exchange (“NYSE...

3 years ago - GlobeNewsWire

BAYTEX ANNOUNCES REVISED 2020 CAPITAL PROGRAM

CALGARY, Alberta, March 18, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. ("Baytex")(TSX, NYSE: BTE) announces a 50% reduction to its 2020 capital budget to $260 to $290 million, from the original $5...

3 years ago - GlobeNewsWire

Baytex Energy Files 2019 Year-End Disclosure Documents

CALGARY, Alberta, March 09, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE) announces the filing of its Annual Information Form for the year ended December 31, 2019 (the “AI...

3 years ago - GlobeNewsWire