Eric Greager - Baytex Energy CEO President

BTE Stock  CAD 3.97  0.09  2.22%   

CEO

Eric Greager is CEO President of Baytex Energy Corp
Age 54
Address Centennial Place, East Tower, Calgary, AB, Canada, T2P 0R3
Phone587 952 3000
Webhttps://www.baytexenergy.com

Baytex Energy Management Efficiency

As of the 27th of November 2024, Return On Tangible Assets is likely to grow to -0.03. In addition to that, Return On Capital Employed is likely to grow to -0.31. At this time, Baytex Energy's Total Assets are very stable compared to the past year. As of the 27th of November 2024, Non Current Assets Total is likely to grow to about 7.4 B, while Non Currrent Assets Other are likely to drop about 166.8 M. Baytex Energy's management efficiency ratios could be used to measure how well Baytex Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Baytex Energy Corp has accumulated 2.44 B in total debt with debt to equity ratio (D/E) of 0.47, which is about average as compared to similar companies. Baytex Energy Corp has a current ratio of 0.61, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Baytex Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Baytex Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Baytex Energy Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Baytex to invest in growth at high rates of return. When we think about Baytex Energy's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CEO Age

James EvaskevichYangarra Resources
71
Mark KenneyEuropean Residential Real
56
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. BAYTEX ENERGY operates under Oil Gas EP classification in Canada and is traded on Toronto Stock Exchange. Baytex Energy Corp (BTE) is traded on Toronto Exchange in Canada and employs 21 people. Baytex Energy is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

Baytex Energy Corp Leadership Team

Elected by the shareholders, the Baytex Energy's board of directors comprises two types of representatives: Baytex Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Baytex. The board's role is to monitor Baytex Energy's management team and ensure that shareholders' interests are well served. Baytex Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Baytex Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
M Lovett, Vice President - Business Development
Eric Greager, CEO President
James Maclean, Chief Secretary
Rodney Gray, Chief Financial Officer, Executive Vice President
Scott Lovett, Vice President - Business Development
Kendall Arthur, Vice President - Lloydminster and Conventional Business Units
Don Hrap, Independent Director
Chad CA, Executive CFO
Naveen Dargan, Independent Director
Trudy Curran, Independent Director
Chris Lessoway, VP Treasurer
Brian Ector, Senior Vice President - Capital Markets and Public Affairs
Mark Bly, Independent Chairman of the Board
Edward LaFehr, President, Chief Executive Officer, Director
Chad Kalmakoff, Vice President - Finance
David Pearce, Independent Director
Jennifer Maki, Independent Director
Julia Gwaltney, Senior Operations
Gregory Melchin, Independent Director
Brian CFA, Senior Relations
Chad Lundberg, Vice President - Business Unit

Baytex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Baytex Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Baytex Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baytex Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baytex Energy will appreciate offsetting losses from the drop in the long position's value.

Moving against Baytex Stock

  0.6PIC-A Premium Income SplitPairCorr
  0.57ENB-PFV Enbridge Pref 5PairCorr
  0.56ENS E Split CorpPairCorr
  0.48ENB-PFU Enbridge Pref LPairCorr
  0.42ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to Baytex Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baytex Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baytex Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baytex Energy Corp to buy it.
The correlation of Baytex Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baytex Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baytex Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baytex Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Baytex Energy Corp is a strong investment it is important to analyze Baytex Energy's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Baytex Energy's future performance. For an informed investment choice regarding Baytex Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baytex Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Please note, there is a significant difference between Baytex Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Baytex Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baytex Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.