Baytex Energy Corp. (BTE) AI Stock Analysis

Baytex Energy Corp., headquartered in Calgary, Canada, specializes in the acquisition, development, and production of crude oil and natural gas resources. Established in 1993, the company conducts operations across the Western Canadian Sedimentary Basin in Alberta and Saskatchewan, as well as the Eagle Ford basin in Texas. Its diversified product lineup includes light oil, condensate, heavy oil, natural gas liquids, and natural gas. Key properties include prolific Eagle Ford assets, Viking and Lloydminster acreage, and positions in Peace River and the Duvernay. The company operates with 370 employees across North America.

Baytex generated $1.48B in revenue during FY2025, declining 8.2% following a 40.6% contraction in FY2024 to $1.61B. Operating margin compressed from 41.0% in FY2022 to 15.3% in FY2025, with net income totaling -$603.3M in FY2025. Over the trailing twelve months, revenue reached $1.67B, supported by an operating margin of 40.8% and a net profit margin of -42.9%. In the latest quarter ending June 30, 2026, quarterly revenue grew 51.3% year-over-year, while quarterly earnings grew 21.1%. From FY2020 to FY2025, revenue grew at a 5-year CAGR of 12.7%.

As of June 30, 2026, Baytex held $720.3M in cash and short-term investments against $149.5M in total debt, yielding net cash of $570.9M. Liquidity is supported by a current ratio of 2.82 and a debt-to-equity ratio of 0.07. In FY2025, the company generated $1.49B in operating cash flow and $207.5M in free cash flow. Cash deployment in FY2025 included $1.28B in capital expenditures, $29.4M in share buybacks, and $69.2M in dividend payments. Over 5 years, share count increased 26.0%.

Baytex trades at an EV to EBITDA ratio of 4.9x, which stands below the 8.0x median of its US-listed Energy peers. Its forward P/E of 14.9x is higher than the peer median of 12.7x, while its price-to-sales multiple is 2.2x compared to the peer median of 1.8x. Over the past year, the stock returned 140.1%, outperforming the 16.8% return of the S&P 500 (SPY). Over a 5-year period, BTE generated an 85.2% return versus 83.0% for the S&P 500.

Baytex pays a quarterly dividend, supported by 4 consecutive years of dividend payments. Its forward annual dividend is $0.06 per share, representing a dividend yield of 1.19% and a payout ratio of 1.8%. The stock's last ex-dividend date occurred on September 15, 2026.

Wall Street coverage includes 4 Strong Buy, 2 Buy, and 6 Hold recommendations, with no Sell or Strong Sell ratings. The mean price target of $6.69 implies upside of 26.0% above the last close of $5.31. Consensus estimates model FY2026 revenue of $1.89B and EPS of $0.58. Over the last four quarters, the company beat EPS estimates 1 time. The next scheduled earnings release date is November 5, 2026.

This page is an AI-written research summary of Baytex Energy Corp. (BTE). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: BTE income statement, BTE balance sheet, BTE key metrics, BTE analyst forecast, BTE chart. See the BTE stock overview for the latest quote and news.