Baytex Energy Corp. (BTE)

NYSE: BTE · IEX Real-Time Price · USD
-0.04 (-1.25%)
At close: May 31, 2023, 4:00 PM
+0.03 (0.95%)
After-hours: May 31, 2023, 7:03 PM EDT

Total Valuation

Baytex Energy has a market cap or net worth of $1.81 billion. The enterprise value is $2.51 billion.

Market Cap 1.81B
Enterprise Value 2.51B

Important Dates

The last earnings date was Thursday, May 4, 2023, after market close.

Earnings Date May 4, 2023
Ex-Dividend Date n/a

Share Statistics

Baytex Energy has 573.67 million shares outstanding. The number of shares has decreased by -3.80% in one year.

Shares Outstanding 573.67M
Shares Change (YoY) -3.80%
Shares Change (QoQ) -0.77%
Owned by Insiders (%) 1.17%
Owned by Institutions (%) 17.27%
Float 541.36M

Valuation Ratios

The trailing PE ratio is 2.89 and the forward PE ratio is 7.19. Baytex Energy's PEG ratio is -0.98.

PE Ratio 2.89
Forward PE 7.19
PS Ratio 1.12
Forward PS 0.39
PB Ratio 0.81
P/FCF Ratio 4.51
PEG Ratio -0.98
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 2.05, with an EV/FCF ratio of 6.24.

EV / Earnings 4.07
EV / Sales 1.55
EV / EBITDA 2.05
EV / EBIT 3.22
EV / FCF 6.24

Financial Position

The company has a current ratio of 0.90, with a Debt / Equity ratio of 0.31.

Current Ratio 0.90
Quick Ratio 0.84
Debt / Equity 0.31
Debt / EBITDA 0.57
Debt / FCF 1.74

Financial Efficiency

Return on equity (ROE) is 30.20% and return on invested capital (ROIC) is 18.90%.

Return on Equity (ROE) 30.20%
Return on Assets (ROA) 17.00%
Return on Capital (ROIC) 18.90%
Revenue Per Employee n/a
Profits Per Employee n/a
Employee Count n/a
Asset Turnover 0.45
Inventory Turnover n/a


In the past 12 months, Baytex Energy has paid $85.78 million in taxes.

Income Tax 85.78M
Effective Tax Rate 12.22%

Stock Price Statistics

The stock price has decreased by -42.03% in the last 52 weeks. The beta is 2.87, so Baytex Energy's price volatility has been higher than the market average.

Beta (1Y) 2.87
52-Week Price Change -42.03%
50-Day Moving Average 3.61
200-Day Moving Average 4.40
Average Volume (30 Days) 2,375,780

Short Selling Information

The latest short interest is 35.81 million, so 6.24% of the outstanding shares have been sold short.

Short Interest 35.81M
Short Previous Month 31.26M
Short % of Shares Out 6.24%
Short % of Float 6.61%
Short Ratio (days to cover) 19.51

Income Statement

In the last 12 months, Baytex Energy had revenue of $1.62 billion and earned $616.08 million in profits. Earnings per share was $1.09.

Revenue 1.62B
Gross Profit 1.12B
Operating Income 1.01B
Pretax Income 701.86M
Net Income 616.08M
EBIT 777.44M
Earnings Per Share (EPS) $1.09
Full Income Statement

Balance Sheet

The company has $4.67 million in cash and $698.16 million in debt, giving a net cash position of -$693.49 million or -$1.21 per share.

Cash & Cash Equivalents 4.67M
Total Debt 698.16M
Net Cash -693.49M
Net Cash Per Share -$1.21
Equity / Book Value 2.24B
Book Value Per Share 3.90
Working Capital -19.99M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $839.74 million and capital expenditures -$437.94 million, giving a free cash flow of $401.79 million.

Operating Cash Flow 839.74M
Capital Expenditures -437.94M
Free Cash Flow 401.79M
FCF Per Share $0.74
Full Cash Flow Statement


Gross margin is 68.78%, with operating and profit margins of 62.37% and 38.00%.

Gross Margin 68.78%
Operating Margin 62.37%
Pretax Margin 43.30%
Profit Margin 38.00%
EBITDA Margin 75.33%
EBIT Margin 47.96%
FCF Margin 24.79%

Dividends & Yields

Baytex Energy does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Earnings Yield 33.98%
FCF Yield 22.16%
Dividend Growth (YoY) n/a
Payout Ratio n/a
Buyback Yield 3.80%
Shareholder Yield 3.80%
Dividend Details

Analyst Forecast

Price Target n/a
Price Target Difference n/a
Analyst Consensus Strong Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) -0.75%
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a