Baytex Energy Corp. (BTE)

NYSE: BTE · IEX Real-Time Price · USD
3.32
+0.02 (0.61%)
At close: Dec 29, 2023, 4:00 PM
3.33
+0.01 (0.30%)
After-hours: Dec 29, 2023, 7:53 PM EST
0.61%
Market Cap 2.81B
Revenue (ttm) 1.78B
Net Income (ttm) 552.06M
Shares Out 845.40M
EPS (ttm) 0.93
PE Ratio 3.58
Forward PE 3.38
Dividend $0.07 (2.02%)
Ex-Dividend Date Dec 14, 2023
Volume 7,902,325
Open 3.31
Previous Close 3.30
Day's Range 3.29 - 3.37
52-Week Range 2.89 - 4.66
Beta 2.59
Analysts Buy
Price Target 7.25 (+118.37%)
Earnings Date Feb 4, 2024

About BTE

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It holds interest in the Eagle Ford property in Texas; Viking and Lloydminster properties in Alberta and Saskatchewan; and Peace River and Duvernay properties in Alberta. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Can... [Read more]

Industry Oil & Gas E&P
Sector Energy
Founded 1993
Employees 222
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 3 analysts, the average rating for BTE stock is "Buy." The 12-month stock price forecast is $7.25, which is an increase of 118.37% from the latest price.

Price Target
$7.25
(118.37% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Baytex Announces 2024 Budget and Five-Year Outlook with Continued Focus on Free Cash Flow Generation and Shareholder Returns

Calgary, Alberta--(Newsfile Corp. - December 6, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that its Board of Directors has approved a budget for 2024 exploration and devel...

25 days ago - Newsfile Corp

BTV Highlights: Osisko Development, ROK Resources, Eloro Resources, enCore Energy & Baytex Energy

Vancouver, British Columbia--(Newsfile Corp. - November 30, 2023) - On BNN Bloomberg broadcast on Dec 2 & 3, 2023 - BTV-Business Television interviews emerging companies in the markets including: Osis...

Other symbols: ODD
4 weeks ago - Newsfile Corp

Baytex Announces Sale of Viking Assets at Forgan and Plato

Calgary, Alberta--(Newsfile Corp. - November 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") today announced that it has entered into a definitive agreement to sell certain of its Vi...

4 weeks ago - Newsfile Corp

Baytex Receives Notice of Confirmation for Tax Reassessment

Calgary, Alberta--(Newsfile Corp. - November 13, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces that certain of its wholly owned indirect subsidiaries have received a notice o...

6 weeks ago - Newsfile Corp

Baytex Announces Third Quarter 2023 Results

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September ...

2 months ago - Newsfile Corp

Baytex Confirms Quarterly Dividend

Calgary, Alberta--(Newsfile Corp. - November 2, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash divid...

2 months ago - Newsfile Corp

Baytex Conference Call and Webcast on Third Quarter 2023 Results to Be Held on November 3, 2023

Calgary, Alberta--(Newsfile Corp. - October 26, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 third quarter financial and operating results after the close of markets on Thu...

2 months ago - Newsfile Corp

Baytex to Present at EnerCom Denver

Calgary, Alberta--(Newsfile Corp. - August 8, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) is pleased to announce that Eric Greager, President and CEO, will be presenting at EnerCom Denver on Mo...

5 months ago - Newsfile Corp

Baytex Releases 2022 ESG and TCFD Reports

[DATELINE]Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) today released its 2022 Environment, Social and Governance ("ESG") Report, which demonstrates our commitment to transparency and accountability, an...

5 months ago - Newsfile Corp

Baytex Announces Second Quarter 2023 Results

Calgary, Alberta--(Newsfile Corp. - July 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2023 ...

5 months ago - Newsfile Corp

Energy Transition and Emerging Technology Companies are Set to Present at the 28th Annual EnerCom Denver - The Energy Investment Conference, to be held August 13-16, 2023, in Denver, Colorado

Presentation Times and Schedule for All Participating Companies Now Posted on the Conference Website   www.enercomdenver.com  – Presenting Companies Continue to be Added Investor One-on-One Meeting Re...

5 months ago - PRNewsWire

Baytex Conference Call and Webcast on Second Quarter 2023 Results to Be Held on July 28, 2023

Calgary, Alberta--(Newsfile Corp. - July 20, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 second quarter financial and operating results after the close of markets on Thurs...

5 months ago - Newsfile Corp

Baytex Announces Renewal of Normal Course Issuer Bid

Calgary, Alberta--(Newsfile Corp. - June 23, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted ...

6 months ago - Newsfile Corp

Arbor Realty Trust Set to Join S&P SmallCap 600

NEW YORK , June 20, 2023 /PRNewswire/ -- Arbor Realty Trust (NYSE:ABR) will replace Ranger Oil Corp. (NASD:ROCC) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, June 23. B...

Other symbols: ABR
6 months ago - PRNewsWire

Baytex Announces Closing of Ranger Acquisition and Updated Guidance for 2023

Calgary, Alberta--(Newsfile Corp. - June 20, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces the closing of its acquisition (the "Merger") of Ranger Oil Corporation ("Ranger")....

6 months ago - Newsfile Corp

Ranger Oil Shareholders Approve Transaction with Baytex Energy

HOUSTON, TX / ACCESSWIRE / June 16, 2023 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today announced that the shareholders of Ranger voted in favor of all proposals associated w...

7 months ago - Accesswire

Baytex Restarts Production Following Alberta Wildfires

Calgary, Alberta--(Newsfile Corp. - May 29, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to advise that we have brought back onstream the full 24,000 boe/d of production th...

7 months ago - Newsfile Corp

Baytex Provides Update with Respect to Closing of Ranger Acquisition

Calgary, Alberta--(Newsfile Corp. - May 18, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") provides an update with respect to closing of the previously announced acquisition of Ranger O...

8 months ago - Newsfile Corp

Baytex Receives Shareholder Approval for Acquisition of Ranger and Reports Shareholder Meeting Results

Calgary, Alberta--(Newsfile Corp. - May 15, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is pleased to announce that shareholders of Baytex ("Baytex Shareholders") today approved the ...

8 months ago - Newsfile Corp

Baytex Provides Update on the Impact of the Alberta Wildfires

Calgary, Alberta--(Newsfile Corp. - May 15, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") is providing an update on the impact of the Alberta wildfires to its operations. Baytex advise...

8 months ago - Newsfile Corp

Baytex Files Q1 2023 Pro Forma Financial Information in Connection with the Ranger Acquisition

Calgary, Alberta--(Newsfile Corp. - May 10, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announces the filing of unaudited pro forma consolidated financial information of Baytex and R...

8 months ago - Newsfile Corp

Alberta wildfires halt some energy companies' operations

A number of energy companies, including Cenovus Energy CVE and Obsidian Energy OBE, halted some operations due to Alberta wildfires.

Other symbols: CPGCVEOBEPBA
8 months ago - Market Watch

Baytex Announces First Quarter 2023 Results

Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2023 (all amou...

8 months ago - Newsfile Corp

Baytex Conference Call and Webcast on First Quarter 2023 Results to Be Held on May 5, 2023

Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its 2023 first quarter financial and operating results after the close of markets on Thurs...

8 months ago - Newsfile Corp

Baytex Announces Closing of US$800 Million Private Offering of Senior Notes

Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") announced today the closing of its private offering (the "offering") of US$800 million aggre...

8 months ago - Newsfile Corp