Baytex Energy (BTE)

• Market cap: $1.87B
• 1 day: 3.93%
• 5 days: 2.15%
• 1 month: -17.93%
• 3 months: -23.96%
• 6 months: -31.01%
• Year to date: -27.66%
• 1 year: -30.21%
• 5 years: 68.79%
• 10 years: -86.15%

About: Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.

Employees: 367

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

0.07% less ownership

Funds ownership: 24.43% [Q2] → 24.37% (-0.07%) [Q3]

2% less funds holding

Funds holding: 164 [Q2] → 161 (-3) [Q3]

11% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 28

15% less capital invested

Capital invested by funds: $698M [Q2] → $596M (-$102M) [Q3]

17% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 53

50% less funds holding in top 10

Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]

63% less call options, than puts

Call options by funds: $581K | Put options by funds: $1.58M