BTE : Baytex Energy Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Baytex Energy Corp trades with the ticker BTE on the TSX and is in the Oil & Gas E&P industry.

Overview
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 also 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 incorporated in 1993 and is headquartered in Calgary, Canada.
 

Looking to invest in Baytex Energy Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

BTE.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $3533.228MM

PE Ratio:

Price: 3.17 (Updated: 3/12/2024 0:47:16)



Baytex Energy Corp (BTE) vs Competitors in Oil & Gas E&P

Lets see how BTE.TO stacks up against others in the Oil & Gas E&P asset management industry. We have identified its main peers as:

Advantage Oil & Gas Ltd, Africa Oil Corp, ARC Resources Ltd, Athabasca Oil Corporation, Birchcliff Energy Ltd

.

Oil & Gas E&P Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Advantage Oil & Gas Ltd (AAV) $1,577.226 16.729 5.77 N/A%
Africa Oil Corp (AOI) $959.473 8.708 6.836 3.2%
ARC Resources Ltd (ARX) $13,990.234 8.981 4.539 2.9%
Athabasca Oil Corporation (ATH) $2,937.06 N/A 26.708 N/A%
Birchcliff Energy Ltd (BIR) $1,471.439 17.25 4.987 7.2%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Oil & Gas E&P

  • Baytex Energy Corp (BTE) vs Advantage Oil & Gas Ltd (AAV)
    • AAV has higher EPS (0.59 vs -0.33). BTE provides dividends, while AAV does not. BTE has a P/E under 0, indicating AAV (P/E 16.729) is in a better position.
  • Baytex Energy Corp (BTE) vs Africa Oil Corp (AOI)
    • AOI has higher EPS (0.24 vs -0.33). AOI has higher dividend yield (3.2% vs 2.1%). BTE has a P/E under 0, indicating AOI (P/E 8.708) is in a better position.
  • Baytex Energy Corp (BTE) vs ARC Resources Ltd (ARX)
    • ARX has higher EPS (2.61 vs -0.33). ARX has higher dividend yield (2.9% vs 2.1%). BTE has a P/E under 0, indicating ARX (P/E 8.981) is in a better position.
  • Baytex Energy Corp (BTE) vs Athabasca Oil Corporation (ATH)
    • ATH has higher EPS (-0.09 vs -0.33). BTE provides dividends, while ATH does not. ATH and BTE both have P/E’s under 0.
  • Baytex Energy Corp (BTE) vs Birchcliff Energy Ltd (BIR)
    • BIR has higher EPS (0.32 vs -0.33). BIR has higher dividend yield (7.2% vs 2.1%). BTE has a P/E under 0, indicating BIR (P/E 17.25) is in a better position.

Our Recommendation: Review
May not stand out on key metrics or lacks sufficient data for a strong recommendation.
 

How to Buy BTE stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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