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Home โบ Stocks โบ Baytex Energy Corp (BTE) Stock Forecast & Price Prediction Canada | NYSE | Energy | Oil & Gas E&P
$4.18
+0.08 (1.95%)Did BTE Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Baytex Energy is one of their latest high-conviction picks.
BTE has shown a year-to-date change of 29.4% and a 1-year change of 112.2%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for BTE. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for BTE.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Oct 18, 2024 | Raymond James | Luke Davis | Market Perform | Initiates | $5.50 |
| Jun 21, 2023 | BMO Capital | Market Perform | Maintains | $N/A | |
| Jun 15, 2023 | RBC Capital | Outperform | Reiterates | $N/A | |
| May 5, 2023 | BMO Capital | Market Perform | Maintains | $N/A | |
| May 4, 2023 | RBC Capital | Outperform | Maintains | $N/A | |
| Apr 11, 2023 | RBC Capital | Outperform | Upgrade | $N/A | |
| Mar 1, 2023 | TD Securities | Buy | Upgrade | $N/A | |
| Nov 7, 2022 | RBC Capital | Outperform | Maintains | $N/A | |
| Nov 4, 2022 | BMO Capital | Market Perform | Maintains | $N/A | |
| Nov 5, 2021 | BMO Capital | Market Perform | Maintains | $N/A | |
| Feb 25, 2021 | BMO Capital | Market Perform | Maintains | $N/A | |
| Dec 3, 2020 | BMO Capital | Market Perform | Maintains | $N/A | |
| Jul 30, 2020 | BMO Capital | Market Perform | Maintains | $N/A | |
| Jun 26, 2020 | BMO Capital | Market Perform | Maintains | $N/A | |
| Mar 25, 2020 | Credit Suisse | Neutral | Downgrade | $N/A | |
| Mar 19, 2020 | BMO Capital | Market Perform | Maintains | $N/A | |
| Jan 21, 2020 | BMO Capital | Market Perform | Maintains | $N/A | |
| Mar 7, 2019 | Macquarie | Outperform | Upgrade | $N/A | |
| Jun 19, 2018 | Macquarie | Outperform | Upgrade | $N/A | |
| Jun 19, 2018 | TD Securities | Buy | Upgrade | $N/A |
The following stocks are similar to Baytex Energy based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Baytex Energy Corp has a market capitalization of $2.94B with a P/E ratio of 18.8x. The company generates $1.05B in trailing twelve-month revenue with a -49.8% profit margin.
Revenue growth is +1.6% quarter-over-quarter, while maintaining an operating margin of -26.0% and return on equity of -10.7%.
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Independently produces crude oil and natural gas.
The company generates revenue by acquiring, developing, and producing crude oil and natural gas primarily in North America. Baytex focuses on optimizing its diverse portfolio of light and heavy oil assets and liquids-rich natural gas, leveraging advanced drilling technologies and resource management techniques to maximize efficiency and profitability.
Baytex Energy operates mainly in resource-rich areas like the Western Canadian Sedimentary Basin and the Eagle Ford in Texas. Its operations play a vital role in the energy sector, supporting local economies and influencing industry pricing dynamics. The company's commitment to sustainability and adherence to environmental and safety standards enhances its attractiveness to investors focused on responsible energy development.
Energy
Oil & Gas E&P
370
Mr. Eric Thomas Greager
Canada
2006
Investors should consider shares of CNQ, BTE, and GTE based on a recent analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry.
The recommendation to focus on CNQ, BTE, and GTE signals potential growth and investment opportunities in the Canadian oil and gas sector, influencing portfolio strategies.
Baytex Energy Corp. (TSX: BTE, NYSE: BTE) will renew its normal course issuer bid, enabling the purchase of up to 70.9 million shares from July 2, 2026, to July 1, 2027.
Baytex Energy's renewed share buyback program signals confidence in its financial health, potentially boosting share prices and benefiting existing shareholders by reducing supply.
Baytex Energy Corp. is rated a Strong Buy, pending cost reductions in heavy oil operations. Its breakeven at $48 WTI is high compared to peers, though its financial position is solid post-Eagle Ford sale.
Baytex Energy's high breakeven costs compared to peers raise concerns about profitability. Operational improvements are essential for maintaining growth potential and investor confidence.
Baytex Energy (NYSE: BTE) reported stronger-than-expected Q1 results and increased its 2026 production outlook, driven by strong performance in its heavy oil portfolio and Duvernay development.
Baytex Energy's strong Q1 results and raised 2026 production outlook indicate robust operational performance and growth potential, positively impacting investor sentiment and stock valuation.
Baytex Energy held its annual shareholder meeting virtually, led by Chair Mark Bly and Chief Legal Officer James Maclean as secretary.
Baytex Energy's annual meeting signals corporate governance transparency and strategic direction, influencing investor confidence and potential stock performance.
Baytex Energy Corp. (BTE:CA) held its Q1 2026 earnings call, discussing financial performance and operational updates. Further details can be found in the transcript.
Baytex Energy's Q1 2026 earnings call provides insights into its financial performance, operational strategies, and market outlook, impacting stock valuation and investment decisions.
Analyst forecasts for Baytex Energy Corp (BTE) are not currently available. The stock is trading at $4.18.
According to current analyst ratings, BTE has 6 Buy ratings, 4 Hold ratings, and 1 Sell ratings. The stock is currently trading at $4.18. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for BTE are not currently available. The stock is trading at $4.18.
The company generates revenue by acquiring, developing, and producing crude oil and natural gas primarily in North America. Baytex focuses on optimizing its diverse portfolio of light and heavy oil assets and liquids-rich natural gas, leveraging advanced drilling technologies and resource management techniques to maximize efficiency and profitability.
Price targets from Wall Street analysts for BTE are not currently available. The stock is trading at $4.18.
Price targets from Wall Street analysts for BTE are not currently available. The stock is trading at $4.18.
The overall analyst consensus for BTE is bullish. Out of 2 Wall Street analysts, 6 rate it as Buy, 4 as Hold, and 1 as Sell.
Stock price projections, including those for Baytex Energy Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.