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Baytex Energy Corp (BTE) Stock Forecast & Price Prediction

Live BTE Stock Price & Analysis

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$2.47

+0.12 (5.11%)

12 Month Price Forecast For BTE

$2.47
Current Price
$1.94B
Market Cap
10 Ratings
Buy 4
Hold 6
Sell 0
Wall St Analyst Ratings

Distance to BTE Price Forecasts

N/A
To High Target of $N/A
N/A
To Median Target of $N/A
N/A
To Low Target of $N/A

BTE Price Momentum

-1.2%
1 Week Change
-6.8%
1 Month Change
-17.9%
1 Year Change
-4.3%
Year-to-Date Change
-39.5%
From 52W High of $4.08
+12.8%
From 52W Low of $2.19

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Disclaimer: 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.

Data last updated: February 5, 2025 9:22 PM UTC

BTE Analyst Ratings & Price Targets

Based on our analysis of 4 Wall Street analysts, BTE has a consensus that is neutral. The median price target is $0.00, with forecasts ranging from $0.00 to $0.00. Currently, there are 4 Buy ratings, 6 Hold ratings, and 0 Sell ratings.

With BTE currently trading at $2.47, the median price forecast suggests a -100.0% downside. The most optimistic forecast comes from at BMO Capital, projecting a -100.0% downside, while at BMO Capital provides the most conservative target, suggesting a -100.0% downside.

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.

BTE Analyst Consensus

4
Buy
6
Hold
0
Sell

BTE Price Target Range

Low
N/A
Average
N/A
High
N/A
Current: $2.47

Latest BTE Stock Forecasts by Analyst

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 Mike Murphy Market Perform Maintains $5.50
Jun 15, 2023 RBC Capital Gregory Pardy Outperform Reiterates $9.00
May 5, 2023 BMO Capital Market Perform Maintains $0.00
May 4, 2023 RBC Capital Outperform Maintains $0.00
Apr 11, 2023 RBC Capital Outperform Upgrade $0.00
Mar 1, 2023 TD Securities Buy Upgrade $0.00
Nov 7, 2022 RBC Capital Outperform Maintains $0.00
Nov 4, 2022 BMO Capital Market Perform Maintains $0.00
Nov 5, 2021 BMO Capital Market Perform Maintains $0.00
Feb 25, 2021 BMO Capital Market Perform Maintains $0.00
Dec 3, 2020 BMO Capital Market Perform Maintains $0.00
Jul 30, 2020 BMO Capital Market Perform Maintains $0.00
Jun 26, 2020 BMO Capital Market Perform Maintains $0.00
Mar 25, 2020 Credit Suisse Neutral Downgrade $0.00
Mar 19, 2020 BMO Capital Market Perform Maintains $0.00
Jan 21, 2020 BMO Capital Market Perform Maintains $0.00
Mar 7, 2019 Macquarie Outperform Upgrade $0.00
Jun 19, 2018 RBC Capital Outperform Upgrade $0.00
Jun 19, 2018 TD Securities Buy Upgrade $0.00

Stocks Similar to Baytex Energy Corp

The following stocks are similar to Baytex 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 (BTE) Financial Data

Baytex Energy Corp has a market capitalization of $1.94B with a P/E ratio of 3.5x. The company generates $2.34B in trailing twelve-month revenue with a -10.5% profit margin.

Revenue growth is -7.8% quarter-over-quarter, while maintaining an operating margin of +27.7% and return on equity of -8.1%.

Valuation Metrics

Market Cap $1.94B
Enterprise Value $2.87B
P/E Ratio 3.5x
PEG Ratio 7.7x
Price/Sales 0.6x

Growth & Margins

Revenue Growth (YoY) -7.8%
Gross Margin +25.6%
Operating Margin +27.7%
Net Margin -10.5%
EPS Growth +45.4%

Financial Health

Cash/Price Ratio +1.1%
Current Ratio 0.7x
Debt/Equity 57.4x
ROE -8.1%
ROA -0.4%

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Baytex Energy Corp logo

Baytex Energy Corp (BTE) Company Overview

About Baytex Energy Corp

What They Do

Engages in crude oil and natural gas production.

Business Model

Baytex Energy Corp. operates by acquiring, developing, and producing crude oil and natural gas resources primarily in Canada and the United States. The company generates revenue through the sale of various energy products, including light oil, heavy oil, natural gas liquids, and natural gas from its diverse asset base.

Additional Information

Founded in 1993 and headquartered in Calgary, Canada, Baytex Energy holds interests in several key properties, including locations in the Eagle Ford region of Texas and various properties in Alberta and Saskatchewan, which positions it strategically in significant energy-producing areas.

Company Information

Sector

Energy

Industry

Oil & Gas E&P

Employees

0

CEO

Mr. Eric Thomas Greager

Country

Canada

IPO Year

2006

Baytex Energy Corp (BTE) Latest News & Analysis

BTE stock latest news image
Quick Summary

Baytex Energy Corp. plans no production growth for FY 2025, citing lower returns on Clearwater wells and budgeted lower commodity prices. Potential growth of 0-4% may arise from technological advancements.

Why It Matters

Baytex Energy's stagnant production outlook and declining well returns signal potential revenue challenges, impacting investor confidence and stock performance amid fluctuating commodity prices.

Source: Seeking Alpha
Market Sentiment: Positive
BTE stock latest news image
Quick Summary

Baytex Energy Corp. has finalized the sale of its Kerrobert thermal asset in Saskatchewan for about $42 million, with production of approximately 2,000 bbl/d of heavy oil.

Why It Matters

Baytex Energy's $42 million asset sale indicates a strategic focus on capital allocation, potentially enhancing liquidity and allowing for reinvestment or debt reduction, impacting stock valuation.

Source: Newsfile Corp
Market Sentiment: Neutral
BTE stock latest news image
Quick Summary

Baytex has confirmed its 2024 production and capital expenditure are in line with expectations, positioned at the midpoint of its guidance.

Why It Matters

Baytex meeting 2024 expectations signals operational stability, which may enhance investor confidence and support stock performance amid market fluctuations.

Source: Seeking Alpha
Market Sentiment: Neutral
BTE stock latest news image
Quick Summary

Baytex Energy Corp. announced its 2025 budget, focusing on strong performance in the Eagle Ford and Pembina Duvernay, along with capital-efficient heavy oil development.

Why It Matters

Baytex Energy's 2025 budget highlights its focus on profitable oil production and strategic developments, indicating potential growth and stability, which can positively impact investor confidence and stock performance.

Source: Newsfile Corp
Market Sentiment: Neutral
BTE stock latest news image
Quick Summary

Baytex Energy Corp. trades at a 35% discount to book value, has strong fundamentals, a diversified production post-Ranger Oil acquisition, and offers an 18% free cash flow yield.

Why It Matters

Baytex Energy's undervaluation, strong fundamentals, strategic acquisition, focus on debt reduction, and high free cash flow yield present significant upside potential for investors.

Source: Seeking Alpha
Market Sentiment: Positive
BTE stock latest news image
Quick Summary

Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.

Why It Matters

The emphasis on earnings estimates and revisions indicates potential stock performance, guiding investors toward high-potential stocks amidst market trends.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About BTE Stock

What is Baytex Energy Corp's (BTE) stock forecast for 2025?

Analyst forecasts for Baytex Energy Corp (BTE) are not currently available. The stock is trading at $2.47.

Is BTE stock a good investment in 2025?

According to current analyst ratings, BTE has 4 Buy ratings, 6 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.47. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for BTE stock?

Price predictions from Wall Street analysts for BTE are not currently available. The stock is trading at $2.47.

What is Baytex Energy Corp's business model?

Baytex Energy Corp. operates by acquiring, developing, and producing crude oil and natural gas resources primarily in Canada and the United States. The company generates revenue through the sale of various energy products, including light oil, heavy oil, natural gas liquids, and natural gas from its diverse asset base.

What is the highest forecasted price for BTE Baytex Energy Corp?

Price targets from Wall Street analysts for BTE are not currently available. The stock is trading at $2.47.

What is the lowest forecasted price for BTE Baytex Energy Corp?

Price targets from Wall Street analysts for BTE are not currently available. The stock is trading at $2.47.

What is the overall BTE consensus from analysts for Baytex Energy Corp?

The overall analyst consensus for BTE is neutral. Out of 4 Wall Street analysts, 4 rate it as Buy, 6 as Hold, and 0 as Sell.

How accurate are BTE stock price projections?

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.