Baytex Energy
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
0
Funds holding %
of 7,407 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
1.11% less ownership
Funds ownership: 24.38% [Q3] → 23.27% (-1.11%) [Q4]
6% less funds holding
Funds holding: 163 [Q3] → 153 (-10) [Q4]
15% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 53
17% less capital invested
Capital invested by funds: $596M [Q3] → $492M (-$103M) [Q4]
32% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 28
71% less call options, than puts
Call options by funds: $718K | Put options by funds: $2.44M
Research analyst outlook
We haven’t received any recent analyst ratings for BTE.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
Baytex Energy: Tariff-Free Production
Baytex Energy benefits from low production costs in the Eagle Ford. The company is focused on further reducing costs. For this Canadian company, the Eagle Ford production is not the subject of current tariff disputes.
Neutral
Seeking Alpha
2 weeks ago
Baytex Energy: Early Signs Of Contrarian Investors Loading The Barrel
I believe Baytex is undervalued, trading at just 1.3x forward cash flow and 60% of book value, with no goodwill on the books. I believe the company's 60% US-based production limits the impact of the new 10% Canadian energy import tariffs. That said, I'm concerned by a 33% qoq drop in institutional ownership last quarter, despite strong fundamentals and margin improvements.
Positive
Seeking Alpha
1 month ago
Baytex Energy: Built To Weather Weaker Oil Prices With Next Note Maturity In 2030
Baytex looks capable of generating US$277 million in free cash flow in 2025 at the current $66 to $67 WTI oil strip. It has no note maturities until 2030, so relatively low oil prices during the next year or two aren't much of a concern. It may be able to reduce its debt to US$1.475 billion by the end of 2025 while covering its dividend and reducing its share count by 5%.
Neutral
Seeking Alpha
1 month ago
Baytex Energy Corp. (BTE) Q4 2024 Earnings Call Transcript
Baytex Energy Corp. (NYSE:BTE ) Q4 2024 Earnings Conference Call March 5, 2025 11:00 AM ET Company Participants Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Brian Ector - SVP, Capital Markets and IR Conference Call Participants Menno Hulshof - TD Securities Rob Mann - RBC Capital Markets Operator Thank you for standing by. This is the conference operator.
Negative
Seeking Alpha
1 month ago
Baytex Energy: Costs Decline At The Right Time
Baytex Energy's acquisition of Eagle Ford properties has led to confusion due to an impairment in fiscal year 2023. Eagle Ford properties have lower operating costs; however, they also have higher royalty costs. Management's non-core sales and operational improvements in Eagle Ford and Clearwater have further lowered production costs.
Negative
Zacks Investment Research
1 month ago
Baytex Energy (BTE) Reports Q4 Loss, Tops Revenue Estimates
Baytex Energy (BTE) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.18 per share a year ago.
Neutral
Newsfile Corp
1 month ago
Baytex Announces Fourth Quarter and Full Year 2024 Financial and Operating Results and Year End Reserves
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex") reports its operating and financial results for the three months and year ended December 31, 2024 (all amounts are in Canadian dollars unless otherwise noted). "Our strong 2024 results speak to our disciplined, returns-based capital allocation philosophy that delivers increased per-share returns.
Neutral
Newsfile Corp
1 month ago
Baytex Announces Quarterly Dividend for April 2025
Calgary, Alberta--(Newsfile Corp. - March 4, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on April 1, 2025 for shareholders of record on March 14, 2025. The U.S. dollar equivalent amount is approximately US$0.0158 per share assuming a foreign exchange rate of 1.42 CAD/US.
Neutral
Newsfile Corp
1 month ago
Baytex Conference Call and Webcast on Fourth Quarter and Full Year 2024 Results to Be Held on March 5, 2025
Calgary, Alberta--(Newsfile Corp. - February 25, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) will release its fourth quarter and full year 2024 financial and operating results after the close of markets on Tuesday March 4, 2025. A conference call and webcast will be held on Wednesday March 5, 2025 to discuss the results: Date: Wednesday March 5, 2025 Time: 9:00 a.m.
Positive
Seeking Alpha
3 months ago
Baytex Energy: 2025 Guidance Does Not Alter My Buy Thesis
Baytex Energy Corp. plans no production growth for fiscal year 2025. The return on Clearwater wells has declined because the company is using lower commodity prices for this budget. Technological advances may drive 0-4% production growth, depending on cost progress and production improvements.
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