
Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on shares of CNQ, BTE and GTE.
Baytex Energy Corp. The company is headquartered in Calgary, Canada.
| Revenue (TTM) | $1.49B |
| Gross Profit (TTM) | $821.16M |
| EBITDA | $565.71M |
| Operating Margin | -26.00% |
| Return on Equity | -10.70% |
| Return on Assets | -0.91% |
| Revenue/Share (TTM) | $1.95 |
| Book Value | $2.05 |
| Price-to-Book | 1.83 |
| Price-to-Sales (TTM) | 1.99 |
| EV/Revenue | 1.956 |
| EV/EBITDA | 3.50 |
| Quarterly Earnings Growth (YoY) | -82.60% |
| Quarterly Revenue Growth (YoY) | 1.60% |
| Shares Outstanding | $712.59M |
| Float | $669.88M |
| % Insiders | 0.60% |
| % Institutions | 57.25% |
Volatility is currently contracting

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry, we advise focusing on shares of CNQ, BTE and GTE.

Calgary, Alberta--(Newsfile Corp. - June 26, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,899,359 common shares during the 12-month period commencing July 2, 2026 and ending July 1, 2027 or such earlier time as the NCIB is completed or terminated at the option of Baytex.

Baytex Energy Corp. remains a Strong Buy. However, that idea is contingent on management delivering meaningful breakeven cost reductions in its heavy oil operations. BTE's current WTI $48 breakeven is high for Clearwater, lagging peers like Tamarack Valley and Headwater Exploration in cost competitiveness. Financial position is solid post-Eagle Ford sale. But operational optimization is critical before considering expansion into new ventures like thermal.

Calgary, Alberta--(Newsfile Corp. - April 30, 2026) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its first quarter 2026 financial and operating results after the close of markets on Thursday May 7, 2026. A conference call and webcast will be held on Friday May 8, 2026 to discuss the results: Date: Friday May 8, 2026 Time: 9:00 a.m.

Baytex (BTE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Baytex Energy (BTE) is now a Canadian-focused heavy oil producer with a new CEO and low debt. Recent technology advances have made heavy oil production highly profitable. Spring Breakup in Canada creates budget review opportunities. As a result, higher commodity prices and the Iranian situation could accelerate spending.

Following a careful analysis of the Zacks Oil and Gas - Exploration and Production - Canadian industry. we advise focusing on shares of CNQ, BTE and AETUF.