Is Baytex Energy Stock a Good Investment?
Baytex Energy Investment Advice | BTE |
- Examine Baytex Energy's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Baytex Energy's leadership team and their track record. Good management can help Baytex Energy navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Oil & Gas Exploration & Production space and any emerging trends that could impact Baytex Energy's business and its evolving consumer preferences.
- Compare Baytex Energy's performance and market position to its competitors. Analyze how Baytex Energy is positioned in terms of product offerings, innovation, and market share.
- Check if Baytex Energy pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Baytex Energy's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Baytex Energy Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Baytex Energy Corp is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Moderately volatile | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Examine Baytex Energy Stock
Researching Baytex Energy's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 42.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Baytex Energy Corp recorded a loss per share of 0.4. The entity last dividend was issued on the 13th of December 2024.
To determine if Baytex Energy is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Baytex Energy's research are outlined below:
| Baytex Energy Corp generated a negative expected return over the last 90 days | |
| Baytex Energy Corp has 2.44 B in debt with debt to equity (D/E) ratio of 4.72, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Baytex Energy Corp has a current ratio of 0.67, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Baytex to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 3.38 B. Reported Net Loss for the year was (233.36 M) with profit before taxes, overhead, and interest of 2.3 B. | |
| Baytex Energy Corp has a poor financial position based on the latest SEC disclosures | |
| On 2nd of January 2025 Baytex Energy paid $ 0.0161 per share dividend to its current shareholders |
Baytex Energy uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Baytex Energy Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Baytex Energy's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Baytex Energy's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Baytex Energy's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-11-01 | 2019-09-30 | 0.04 | 0.03 | -0.01 | 25 | ||
2024-07-25 | 2024-06-30 | 0.16 | 0.13 | -0.03 | 18 | ||
2021-04-29 | 2021-03-31 | -0.03 | -0.06 | -0.03 | 100 | ||
2019-05-02 | 2019-03-31 | 0.05 | 0.02 | -0.03 | 60 | ||
2023-05-04 | 2023-03-31 | 0.13 | 0.09 | -0.04 | 30 | ||
2021-11-04 | 2021-09-30 | 0.1 | 0.06 | -0.04 | 40 | ||
2014-03-13 | 2013-12-31 | 0.29 | 0.25 | -0.04 | 13 | ||
2013-08-14 | 2013-06-30 | 0.34 | 0.29 | -0.05 | 14 |
Know Baytex Energy's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Baytex Energy is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Baytex Energy Corp backward and forwards among themselves. Baytex Energy's institutional investor refers to the entity that pools money to purchase Baytex Energy's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Federation Des Caisses Desjardins Du Quebec | 2024-09-30 | 4.3 M | Bank Of Montreal | 2024-09-30 | 3.7 M | Bmo Capital Markets Corp. | 2024-09-30 | 3.7 M | Two Sigma Investments Llc | 2024-09-30 | 3.5 M | Cibc Global Asset Management Inc | 2024-09-30 | 2.8 M | Royce & Associates, Lp | 2024-09-30 | 2.6 M | Fmr Inc | 2024-09-30 | 2.5 M | Scotia Capital Inc | 2024-09-30 | 2.4 M | Charles Schwab Investment Management Inc | 2024-09-30 | 2.2 M | Ninepoint Partners Lp | 2024-09-30 | 38.8 M | Vanguard Group Inc | 2024-09-30 | 28 M |
Baytex Energy's market capitalization trends
The company currently falls under 'Mid-Cap' category with a total capitalization of 1.97 B.Market Cap |
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Baytex Energy's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.04) | (0.03) | |
| Return On Capital Employed | 0.09 | 0.11 | |
| Return On Assets | (0.04) | (0.03) | |
| Return On Equity | (0.07) | (0.07) |
Determining Baytex Energy's profitability involves analyzing its financial statements and using various financial metrics to determine if Baytex Energy is a good buy. For example, gross profit margin measures Baytex Energy's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Baytex Energy's profitability and make more informed investment decisions.
Please note, the presentation of Baytex Energy's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Baytex Energy's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Baytex Energy's management manipulating its earnings.
Evaluate Baytex Energy's management efficiency
The current year's Return On Capital Employed is expected to grow to 0.11, whereas Return On Tangible Assets are projected to grow to (0.03). At present, Baytex Energy's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 522.5 M, whereas Return On Tangible Assets are projected to grow to (0.03). 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.88 | 6.11 | |
| Tangible Book Value Per Share | 4.88 | 5.94 | |
| Enterprise Value Over EBITDA | 9.12 | 9.41 | |
| Price Book Value Ratio | 0.93 | 0.88 | |
| Enterprise Value Multiple | 9.12 | 9.41 | |
| Price Fair Value | 0.93 | 0.88 | |
| Enterprise Value | 4.9 B | 5.2 B |
Understanding the operational decisions made by Baytex Energy management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Basic technical analysis of Baytex Stock
As of the 31st of January, Baytex Energy shows the Mean Deviation of 1.82, risk adjusted performance of (0.05), and Standard Deviation of 2.34. Baytex Energy Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Baytex Energy Corp market risk adjusted performance, variance, as well as the relationship between the Variance and value at risk to decide if Baytex Energy Corp is priced correctly, providing market reflects its regular price of 2.5 per share. Please also double-check Baytex Energy Corp jensen alpha, which is currently at (0.26) to validate the company can sustain itself at a future point.Baytex Energy's Outstanding Corporate Bonds
Baytex Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Baytex Energy Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Baytex bonds can be classified according to their maturity, which is the date when Baytex Energy Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Baytex Energy's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Baytex Energy's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (1,410) | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.47 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 3.5 | |||
| Skewness | (0.12) | |||
| Kurtosis | (0.01) |
| Risk Adjusted Performance | (0.05) | |||
| Market Risk Adjusted Performance | (0.17) | |||
| Mean Deviation | 1.82 | |||
| Coefficient Of Variation | (1,410) | |||
| Standard Deviation | 2.34 | |||
| Variance | 5.47 | |||
| Information Ratio | (0.11) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | (0.18) | |||
| Maximum Drawdown | 10.87 | |||
| Value At Risk | (4.12) | |||
| Potential Upside | 3.5 | |||
| Skewness | (0.12) | |||
| Kurtosis | (0.01) |
Consider Baytex Energy's intraday indicators
Baytex Energy intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Baytex Energy stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Baytex Energy Corporate Filings
6K | 20th of December 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
| 26th of September 2024 Other Reports | ViewVerify |
Baytex Stock media impact
Far too much social signal, news, headlines, and media speculation about Baytex Energy that are available to investors today. That information is available publicly through Baytex media outlets and privately through word of mouth or via Baytex internal channels. However, regardless of the origin, that massive amount of Baytex data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Baytex Energy news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Baytex Energy relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Baytex Energy's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Baytex Energy alpha.
Baytex Energy Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Baytex Energy can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Baytex Energy Corporate Directors
| Don Hrap | Independent Director | Profile | |
| Naveen Dargan | Independent Director | Profile | |
| Trudy Curran | Independent Director | Profile | |
| David Pearce | Independent Director | Profile |
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 estimate. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baytex Energy. If investors know Baytex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baytex Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.544 | Dividend Share 0.09 | Earnings Share (0.40) | Revenue Per Share | Quarterly Revenue Growth (0.08) |
The market value of Baytex Energy Corp is measured differently than its book value, which is the value of Baytex that is recorded on the company's balance sheet. Investors also form their own opinion of Baytex Energy's value that differs from its market value or its book value, called intrinsic value, which is Baytex Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baytex Energy's market value can be influenced by many factors that don't directly affect Baytex Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Baytex Energy's value and its price, as these two are different measures arrived at by various 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.