Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Baytex Energy Corp Market Cap
The Baytex Energy Corp (BTE) share price is expected to increase by 10.14% over the next year. This is based on calculating the average 12-month share price estimate provided by 8 stock analysts who have covered BTE. Price targets range from $3.01715 at the low end to $4.38117 at the high end. The current analyst consensus for BTE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Baytex Energy Corp has a total of 8 Wall St Analyst ratings. There are 2 buy ratings, 5 ratings, and 1 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Baytex Energy Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of BTE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Mike Murphy BMO Capital | Market Perform | $5.5 | Maintains | Jun 21, 2023 |
| Gregory Pardy RBC Capital | Outperform | $9 | Reiterates | Jun 15, 2023 |
BMO Capital | Market Perform | Maintains | May 5, 2023 | |
RBC Capital | Outperform | Maintains | May 4, 2023 | |
RBC Capital | Outperform | Upgrade | Apr 11, 2023 | |
TD Securities | Buy | Upgrade | Mar 1, 2023 | |
RBC Capital | Outperform | Maintains | Nov 7, 2022 | |
BMO Capital | Market Perform | Maintains | Nov 4, 2022 | |
BMO Capital | Market Perform | Maintains | Nov 5, 2021 | |
BMO Capital | Market Perform | Maintains | Feb 25, 2021 | |
BMO Capital | Market Perform | Maintains | Dec 3, 2020 | |
BMO Capital | Market Perform | Maintains | Jul 30, 2020 | |
BMO Capital | Market Perform | Maintains | Jun 26, 2020 | |
Credit Suisse | Neutral | Downgrade | Mar 25, 2020 | |
BMO Capital | Market Perform | Maintains | Mar 19, 2020 | |
BMO Capital | Market Perform | Maintains | Jan 21, 2020 | |
Macquarie | Outperform | Upgrade | Mar 7, 2019 | |
Macquarie | Outperform | Upgrade | Jun 19, 2018 | |
TD Securities | Buy | Upgrade | Jun 19, 2018 | |
RBC Capital | Outperform | Upgrade | Jun 19, 2018 |
When did it IPO
2006
Staff Count
0
Country
Canada
Sector/Industry
Energy/Oil & Gas E&P
CEO
Mr. Eric Thomas Greager
Market Cap
$2.53B
In 2023, BTE generated $3.38B in revenue, which was a increase of 17.08% from the previous year. This can be seen as a signal that BTE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 27 Sep 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Baytex Energy's stock is down due to a major shareholder selling shares post-Ranger Oil acquisition. Eagle Ford acreage is improving production, while the Trans Mountain Pipeline Expansion tightens heavy oil discounts.
Why It Matters - Baytex Energy's stock dip from a large share sale offers a buying opportunity, as improved production and tight oil discounts signal strong future profitability.
Mon, 09 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks uses the Zacks Rank system to identify stocks based on earnings estimates and revisions, while also monitoring value, growth, and momentum trends for investment opportunities.
Why It Matters - The emphasis on earnings estimates and revisions signals potential stock performance, guiding investors toward informed decisions based on growth and momentum trends.
Fri, 23 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Zacks emphasizes its Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends to identify strong stock picks.
Why It Matters - The emphasis on earnings estimates and revisions indicates potential stock performance. Strong value, growth, and momentum trends can signal lucrative investment opportunities.
Fri, 23 Aug 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Zacks recommends investors focus on CNQ, OVV, and BTE within the Canadian Oil and Gas - Exploration and Production sector.
Why It Matters - The recommendation highlights potential investment opportunities in the Canadian oil and gas sector, signaling strong prospects for CNQ, OVV, and BTE, which may influence stock performance.
Thu, 22 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Investors are advised to buy energy stocks such as Baytex (BTE), SM Energy (SM), Delek (DKL), and CrossAmerica (CAPL) for steady returns and reduced risk in a resilient sector.
Why It Matters - The recommendation to buy energy stocks indicates a bullish outlook on the sector's stability, suggesting potential for steady returns and lower volatility, appealing to risk-averse investors.
Tue, 13 Aug 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Baytex Energy (BTE) and Northern Oil and Gas (NOG) performance data is available for comparison against their sector for the year to date.
Why It Matters - Performance comparisons highlight the relative strength or weakness of Baytex Energy and Northern Oil and Gas, influencing investment decisions and sector sentiment.
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