Baytex Energy (TSE:BTE - Get Free Report) NYSE: BTE is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, October 31st. Analysts expect the company to announce earnings of C$0.19 per share for the quarter.
Baytex Energy (TSE:BTE - Get Free Report) NYSE: BTE last issued its quarterly earnings data on Thursday, July 25th. The company reported C$0.13 EPS for the quarter, missing analysts' consensus estimates of C$0.16 by C($0.03). The company had revenue of C$1.13 billion for the quarter, compared to the consensus estimate of C$1.04 billion. Baytex Energy had a negative return on equity of 9.55% and a negative net margin of 11.92%.
Shares of BTE opened at C$4.11 on Friday. Baytex Energy has a 12 month low of C$3.85 and a 12 month high of C$6.35. The company has a market cap of C$3.31 billion, a P/E ratio of -5.96, a PEG ratio of 0.12 and a beta of 2.61. The stock has a fifty day moving average price of C$4.40 and a 200 day moving average price of C$4.72. The company has a debt-to-equity ratio of 62.33, a current ratio of 0.72 and a quick ratio of 0.77.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Tuesday, October 1st were paid a $0.023 dividend. The ex-dividend date was Monday, September 16th. This represents a $0.09 annualized dividend and a dividend yield of 2.24%. Baytex Energy's payout ratio is -13.04%.
In related news, Senior Officer Chadwick Kalmakoff bought 12,000 shares of Baytex Energy stock in a transaction dated Friday, September 6th. The stock was acquired at an average cost of C$4.18 per share, with a total value of C$50,160.00. 0.83% of the stock is currently owned by company insiders.
Several research analysts have recently issued reports on BTE shares. Canaccord Genuity Group decreased their price target on Baytex Energy from C$6.50 to C$6.00 in a research note on Tuesday. TD Securities decreased their price target on Baytex Energy from C$6.00 to C$5.50 in a research note on Tuesday, October 1st. Royal Bank of Canada decreased their price target on Baytex Energy from C$6.50 to C$5.50 in a research note on Tuesday, September 17th. Raymond James raised Baytex Energy to a "hold" rating in a research note on Thursday, October 17th. Finally, National Bankshares cut their price objective on Baytex Energy from C$8.00 to C$7.50 in a report on Friday, September 27th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Baytex Energy currently has a consensus rating of "Moderate Buy" and an average price target of C$6.11.
View Our Latest Stock Analysis on BTE
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
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