Baytex Energy Corp
BTE
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Bull / bear case
Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.
- Baytex Energy Corp. is well-positioned in the oil and gas exploration industry, benefiting from a competitive landscape that favors established players with operational efficiencies.
- In Q2 2026, Baytex reported a revenue increase of 41% compared to the previous quarter, reaching $640 million.
- The company's operating margin expanded significantly to 31.7% in the same quarter.
- The company faces challenges with a high debt-to-equity ratio of 6.942, indicating potential financial risk.
- Baytex's net income for 2025 was negative at -$603.779 million, reflecting ongoing profitability issues.
- Despite recent revenue growth, the overall profit margin remains negative at -0.4286, highlighting ongoing financial struggles.
Fundamentals
| Market cap | $3.31B | Enterprise value | $2.74B | Trailing P/E | — | Forward P/E | 17.11 |
| PEG | — | Price / book | 2.22 | Beta | 0.86 | Dividend yield | 1.33% |
| Revenue growth | 51.3% | Earnings growth | 21.1% | Gross margin | 59.0% | Operating margin | 40.8% |
| Profit margin | -42.9% | ROE | -8.8% | ROA | 0.9% | Debt / equity | 0.07 |
| Current ratio | 2.82 | Free cash flow | -$225.58M | Analyst recommendation | buy | Mean target | $6.68 |
| 52w high | $5.36 | 52w low | $2.18 |
Quarterly
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | |
|---|---|---|---|---|---|---|
| Revenue | $640M | $453M | -$1.1B | $928M | $411M | — |
| Op margin | 31.7% | 10.3% | 17.5% | 14.5% | 12.6% | — |
| Net income | $175M | -$67.3M | -$857M | $32.0M | $152M | — |
| Gross margin | 54.0% | 44.5% | 17.3% | 22.3% | 44.5% | — |
| Gross profit | $346M | $202M | -$195M | $207M | $183M | — |
| Operating income | $203M | $46.5M | -$197M | $134M | $51.7M | — |
- Revenue +41% vs prior quarter ($640M vs $453M).
- Gross margin 54% (was 44.5% prior quarter).
- Operating margin expanded to 31.7%.
Yearly (6y)
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $1.7B | $1.9B | $3.4B | $2.9B | — |
| Op margin | 13.4% | 19.1% | 19.0% | 33.0% | — |
| Net income | -$604M | $237M | -$233M | $856M | — |
| Gross margin | 25.3% | 28.3% | 25.7% | 39.0% | — |
| Gross profit | $427M | $530M | $869M | $1.1B | — |
| Operating income | $226M | $357M | $643M | $953M | — |
Headlines — positive tone
• [OK · fundamentals] All You Need to Know About Baytex (BTE) Rating Upgrade to Buy
News
2026-09-25 · 3 Oil Stocks Investors May Revisit As Supply Worries Lift Crude
2026-09-24 · Baytex Energy (TSX:BTE) Pulls Back As Oil Softens But Is The Undervalued View Still Intact
2026-09-23 · Are Oils-Energy Stocks Lagging Baytex Energy (BTE) This Year?
2026-09-23 · Are Investors Undervaluing Baytex Energy (BTE) Right Now?
2026-09-23 · Zacks Industry Outlook Highlights Baytex Energy, InPlay Oil and Canadian Natural Resources
2026-09-22 · Canadian E&P Industry Gains Momentum: 3 Stocks in Focus
2026-09-07 · Is Baytex Energy (BTE) Stock Outpacing Its Oils-Energy Peers This Year?
2026-09-01 · Here's Why a Hold Strategy Is Apt for Canadian Natural Stock Now
2026-08-21 · All You Need to Know About Baytex (BTE) Rating Upgrade to Buy
2026-08-21 · Is Baytex Energy (BTE) Outperforming Other Oils-Energy Stocks This Year?
2026-08-20 · Baytex Energy Eyes Duvernay Growth After Eagle Ford Sale, Ramps Up Buybacks
2026-08-08 · Baytex Energy (BTE) Q2 2026 Earnings Call Transcript
Price (daily)
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