BTE · NYSE · Oil & Gas Exploration & Production

Baytex Energy (BTE)

Produces light and heavy oil across four Western Canadian operating areas.

$4.59
vs last close+0.01 (+0.14%)
Loading prices…

Baytex Energy Corp.BTE
Energy

Produces crude oil and natural gas liquids from the Viking, Duvernay, Peace River, and Lloydminster areas. The portfolio became focused on Western Canada after the sale of Eagle Ford operations.

Produces light oil from Viking and Duvernay and heavy oil from Peace River and Lloydminster in the Western Canadian Sedimentary Basin. The portfolio also yields natural gas liquids, while crude oil and NGLs account for most production. Light-oil and heavy-oil assets make up the Canadian portfolio following the Eagle Ford disposition. These areas span distinct oil types and operating regions.

Long-established operating teams develop and operate these oil assets. Past operations have been affected by commodity-price volatility and temporary wildfire-related curtailments. Field operations, commodity prices, and reserve and asset valuation assumptions shape the business.

Company facts

CEOChad E. Lundberg
ListedJan 3, 2011
ExchangeNYSE
HeadquartersCalgary, AB
CountryCanada
Employees227
CIK0001279495
ISINCA07317Q1054

Market cap$3.44B
EPS (ttm)−$0.6533
P/E (ttm)−7.01
ROE-26.4%
P/B2.25
P/S13.25
Dividend yieldDiv yield1.43%
Beta−0.12vs XLE 1.35

No analyst consensus on record.

Next report
Nov 5, 26
estimated · in 43 days
EPS estimate
$0.14
Revenue estimate
$229.2M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Mar '25May '25Jul '25Oct '25Mar '26May '26Jul '26Nov '26
Reported−$0.04$0.06$0.15$0.03−$0.81−$0.08$0.17Pending
Estimate$0.08$0.10$0.04$0.01$0.02$0.01$0.08$0.14
Surprise−152.3%−40.0%+263.6%+200.0%−4,141.5%−900.0%+112.5%

RevenueReportedEstimate

Mar '25May '25Jul '25Oct '25Mar '26May '26Jul '26Nov '26
Reported$706.7M$694.2M$651.2M$666.1M$553.3M$325.6M$450.5MPending
Estimate$702.5M$644.2M$565.6M$535.2M$544.3M$228.0M$218.1M$229.2M
Surprise+0.6%+7.8%+15.1%+24.4%+1.7%+42.8%+106.6%
Estimate$0.14
ReportedDue Nov 5, 2026
Estimate$229.2M
ReportedDue Nov 5, 2026
View details

Debt to equity6.90%
Current ratio281.60%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$602.7M$574.5M$558.1M$505.6M$530.3M−$946.3M$285.5M$390.1M
Net income$131.2M−$27.3M$49.1M$108.1M$22.7M−$607.6M−$47.9M$124.1M
Net margin21.8%0.0%8.8%21.4%4.3%0.0%31.8%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$150.7M$136.7M$132.7M$71.9M$95.5M−$139.9M$33.1M$144.1M
YoY growth−31.4%+19.4%+47.6%−57.4%−36.6%Turned loss−75.1%+100.5%

Balance sheet, Jun 30, 2026Cash & short-term investments $511.1M · Total debt $106.1M · Total assets $2.25B · Shareholders' equity $1.53B

Revenue
$390.1M
Operating income
$144.1M
Net income
$124.1M

Reported in CAD, converted at the latest exchange rate

View details

Dividend yield
1.43%
Next ex-date
Dec 15, 26
estimated · in 83 days
Annual dividend
$0.07
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yield

Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '26Sep '26
Dividend$0.0158$0.0156$0.0166$0.0163$0.0163$0.0164$0.0165$0.0162
Annual yield2.61%2.99%3.09%2.72%2.09%1.62%1.49%1.26%
Ex-dateDec 13Mar 14Jun 13Sep 15Dec 15Mar 13Jun 15Sep 15
Payment dateJan 2Apr 1Jul 2Oct 1Jan 2Apr 1Jul 2Oct 1
View details

765.57M ADS as of Sep 23, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Connor, Clark & Lunn Investment Management Ltd.Institution
5.20%39.83Mfiled May 11, 2026

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Compare

CompanyPriceChange
Baytex Energy$4.59+0.14%$3.44B13.113.2−30.8%
Cenovus Energy$31.21−0.35%$57.76B12.311.71.5+61.4%
Obsidian Energy$11.28+1.17%$744.6M56.112.12.7+23.7%
Tennessee Valley Authority PARRS A 2029$23.35+0.34%$12.2M0.0
Median34.211.91.5+42.5%