| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/18/2024 | Mkt Perform | Raymond James | |
| 4/9/2024 | Market Perform | BMO Capital Markets | |
| 11/3/2023 | Sector Perform → Outperform | National Bank Financial | |
| 9/29/2023 | Market Perform → Outperform | BMO Capital Markets | |
| 7/21/2023 | Buy | Canaccord Genuity | |
| 7/14/2023 | Hold → Buy | Stifel | |
| 4/11/2023 | Sector Perform → Outperform | RBC Capital Mkts | |
| 3/2/2023 | Outperform → Mkt Perform | Raymond James | |
| 3/1/2023 | Hold → Buy | TD Securities | |
| 4/14/2022 | Sector Perform → Outperform | National Bank Financial |
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
SD - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
6-K - BAYTEX ENERGY CORP. (0001279495) (Filer)
Calgary, Alberta--(Newsfile Corp. - May 15, 2023) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") is pleased to announce that shareholders of Baytex ("Baytex Shareholders") today approved the previously announced merger (the "Merger") with Ranger Oil Corporation ("Ranger"). Baytex also reports that all additional matters presented for approval at the annual and special meeting of shareholders held today were approved. A total of 204,407,281 common shares being 37.47% of Baytex's issued and outstanding shares were represented at the meeting.1. Ordinary Resolution to Approve Issuance of Baytex Shares to Ranger ShareholdersAt the meeting, Baytex Shareholders approved the issuance of the B
CALGARY, Alberta, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (“Baytex”) (TSX, NYSE: BTE.BC) announces that its Board of Directors has approved a 2021 capital budget of $225 to $275 million, which is designed to generate free cash flow and average annual production of 73,000 to 77,000 boe/d. “We have re-set our business in response to a volatile crude oil market brought on by Covid-19 and are poised to deliver free cash flow and stable production in a US$40 to US$45 WTI environment. In 2021, we will benefit from our high graded development opportunities as well as our continued drive to improve cost structure and capital efficiencies. Our disciplined approach to capital allo
Raymond James initiated coverage of Baytex Energy Trust with a rating of Mkt Perform
BMO Capital Markets resumed coverage of Baytex Energy Trust with a rating of Market Perform
National Bank Financial upgraded Baytex Energy Trust from Sector Perform to Outperform
BMO Capital Markets upgraded Baytex Energy Trust from Market Perform to Outperform
Canaccord Genuity initiated coverage of Baytex Energy Trust with a rating of Buy
Stifel upgraded Baytex Energy Trust from Hold to Buy
RBC Capital Mkts upgraded Baytex Energy Trust from Sector Perform to Outperform
Raymond James downgraded Baytex Energy Trust from Outperform to Mkt Perform
TD Securities upgraded Baytex Energy Trust from Hold to Buy
National Bank Financial upgraded Baytex Energy Trust from Sector Perform to Outperform
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise noted)."During the third quarter we generated $220 million of free cash flow, returned $101 million to shareholders through our share buyback program and quarterly dividend, and reduced net debt by 5%. Over the last fifteen months we have repurchased 9% of our shares outstanding. Our third quarter results demonstrate continued solid operational performance as well as our commitment to generating meaningful free cash flow and the delive
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - 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 January 2, 2025 for shareholders of record on December 13, 2024.The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.Ba
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its third quarter 2024 financial and operating results after the close of markets on Thursday October 31, 2024. A conference call and webcast will be held on Friday November 1, 2024 to discuss the results:Date: Friday November 1, 2024Time: 9:00 a.m. MST (11:00 a.m. EST)Registration: For Express Access and Calendar booking, visit our website to register at: https://www.baytexenergy.com/investors/events-presentationsDial-in: If you prefer to speak with an operator, dial: 1-647-484-8814 (International) 1
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2024 (all amounts are in Canadian dollars unless otherwise noted)."We delivered strong second quarter results with higher production, disciplined capital spending and meaningful free cash flow. Importantly and consistent with our full-year plan, we returned $97 million to shareholders through our share buyback program and quarterly dividend. In the Eagle Ford, we brought onstream one of our strongest performing oil-weighted pads to-date. As we continue to execute our plans for 2024, our free cash flow
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - 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 October 1, 2024 for shareholders of record on September 16, 2024.The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.Bayt
Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thursday July 25, 2024. A conference call and webcast will be held on Friday July 26, 2024 to discuss the results:Date: Friday July 26, 2024Time: 9:00 a.m. MST (11:00 a.m. EST)Registration: For Express Access and Calendar booking, visit our website to register at: https://www.baytexenergy.com/investors/events-presentations Dial-in: If you prefer to speak with an operator, dial:1-647-484-8814 (International)
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,112,570 common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the option of Baytex. Baytex's shareholder return framework allocates 50% of free cash flow to shareholders in the form of a base dividend and share repurchases. Renewing the NCIB allows Baytex to continue i
HOUSTON, TX / ACCESSWIRE / June 16, 2023 / Ranger Oil Corporation ("Ranger" or the "Company") (NASDAQ:ROCC) today announced that the shareholders of Ranger voted in favor of all proposals associated with the previously announced merger with Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex"). More than 99 percent of the votes cast were in favor of the transaction.About Ranger Oil CorporationRanger Oil is a pure-play independent oil and gas company engaged in the development and production of oil, NGLs and natural gas, with operations in the Eagle Ford shale in South Texas. For more information, please visit our website at www.rangeroil.com.Important Additional Information and Where to Find I
Calgary, Alberta--(Newsfile Corp. - May 4, 2023) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") reports its operating and financial results for the three months ended March 31, 2023 (all amounts are in Canadian dollars unless otherwise noted)."We continued to deliver on our operating and financial targets in the first quarter, which included strong results from our Peavine Clearwater development. We continue to make significant progress on the Ranger acquisition, which materially increases Eagle Ford scale in Texas, while building a quality operating capability in a premier basin. The combined company will deliver a powerful combination of substantial free cash flow and increased shar
Calgary, Alberta--(Newsfile Corp. - April 27, 2023) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its 2023 first quarter financial and operating results after the close of markets on Thursday May 4, 2023. A conference call and webcast will be held on Friday May 5, 2023 to discuss the results:Date: Friday May 5, 2023Time: 9:00 a.m. MDT (11:00 a.m. EDT)Dial-in: 1-416-915-3239 (Toronto Local and International)1-800-319-4610 (North America Toll-Free)Webcast: http://services.choruscall.ca/links/baytex2023q1.htmlAn archived recording of the conference call will be available shortly after the eve
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") reports its operating and financial results for the three and nine months ended September 30, 2024 (all amounts are in Canadian dollars unless otherwise noted)."During the third quarter we generated $220 million of free cash flow, returned $101 million to shareholders through our share buyback program and quarterly dividend, and reduced net debt by 5%. Over the last fifteen months we have repurchased 9% of our shares outstanding. Our third quarter results demonstrate continued solid operational performance as well as our commitment to generating meaningful free cash flow and the delive
Calgary, Alberta--(Newsfile Corp. - October 31, 2024) - 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 January 2, 2025 for shareholders of record on December 13, 2024.The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.Ba
Calgary, Alberta--(Newsfile Corp. - October 24, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its third quarter 2024 financial and operating results after the close of markets on Thursday October 31, 2024. A conference call and webcast will be held on Friday November 1, 2024 to discuss the results:Date: Friday November 1, 2024Time: 9:00 a.m. MST (11:00 a.m. EST)Registration: For Express Access and Calendar booking, visit our website to register at: https://www.baytexenergy.com/investors/events-presentationsDial-in: If you prefer to speak with an operator, dial: 1-647-484-8814 (International) 1
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com DENVER, July 29, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that institutional investors, portfolio managers, financial analysts, CIOs and other investment industry professionals registered for EnerCom Denver – The Energy Investment Conference can now request One-on-One meetings with senior management teams of participating companies (listed below). The energy investment community and industry professionals are encouraged to register now for EnerCom Denver, which will take place August 18–21, 2024, at the Westin Denver Downtown. There is no cost to register for the conference
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex") reports its operating and financial results for the three and six months ended June 30, 2024 (all amounts are in Canadian dollars unless otherwise noted)."We delivered strong second quarter results with higher production, disciplined capital spending and meaningful free cash flow. Importantly and consistent with our full-year plan, we returned $97 million to shareholders through our share buyback program and quarterly dividend. In the Eagle Ford, we brought onstream one of our strongest performing oil-weighted pads to-date. As we continue to execute our plans for 2024, our free cash flow
Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - 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 October 1, 2024 for shareholders of record on September 16, 2024.The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming a foreign exchange rate of 1.38 CAD/US. Payments to shareholders who are not residents of Canada will be net of any Canadian withholding taxes that may be applicable. This dividend is designated an "eligible dividend" for Canadian tax purposes and is considered a "qualified dividend" for U.S. income tax purposes.Bayt
Calgary, Alberta--(Newsfile Corp. - July 18, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) will release its second quarter 2024 financial and operating results after the close of markets on Thursday July 25, 2024. A conference call and webcast will be held on Friday July 26, 2024 to discuss the results:Date: Friday July 26, 2024Time: 9:00 a.m. MST (11:00 a.m. EST)Registration: For Express Access and Calendar booking, visit our website to register at: https://www.baytexenergy.com/investors/events-presentations Dial-in: If you prefer to speak with an operator, dial:1-647-484-8814 (International)
Investors, Analysts, and Energy Industry Professionals Can Register to Attend at www.enercomdenver.com Emerging Energy Technology and Energy Transition Companies are Invited to Present at EnerCom Denver DENVER, July 17, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to publish presentation times and schedules for participating companies on the conference website for the 29th Annual EnerCom Denver – The Energy Investment Conference, to be held August 18-21, 2024, at the Westin Denver Downtown. The four-day conference provides investors unparalleled access and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to qualified investors, incl
Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - Baytex Energy Corp. (TSX:BTE) (NYSE:BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,112,570 common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the option of Baytex. Baytex's shareholder return framework allocates 50% of free cash flow to shareholders in the form of a base dividend and share repurchases. Renewing the NCIB allows Baytex to continue i
EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free DENVER, June 24, 2024 /PRNewswire/ -- EnerCom, Inc. is pleased to announce that the upcoming EnerCom Denver - The Energy Investment Conference will once again include The Energy Transition and Emerging Technology Session featuring quick-pitch investment pitches from promising start-up energy and technology
The renewed NCIB allows Baytex to purchase up to 70.112 million common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the option of Baytex.
RBC Capital analyst Greg Pardy maintains Baytex Energy (TSX:BTE) with a Outperform and lowers the price target from C$7 to C$6.5.
Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil
Baytex Energy (NYSE:BTE) is set to give its latest quarterly earnings report on Wednesday, 2024-02-28. Here's what investors need to know before the announcement. Analysts estimate that Baytex Energy will report an earnings per share (EPS) of $0.12. Baytex Energy bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Historical Earnings Performance Last quarter the company missed EPS by $0.04, which was followed by a 2.21% drop in the
The Meaning Behind Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock. The following stocks are considered to be notable value stocks in the energy sector: ProPetro Holding (NYSE:PUMP) - P/E: 8.09 YPF (NYSE:YPF) - P/E: 9.42 Global Partners (NYSE:GLP) - P/E: 9.55 Baytex Energy (NYSE:BTE) - P/E: 3.6 Sunoco (NYSE:SUN) - P/E: 9.45 This quarter, ProPetro Holding experienced a decrease in earnings per share, which was $0.34 in Q2 and is now $0.31. YPF has reported Q3 earnings
Baytex Energy Corp. ("Baytex") (TSX:BTE) (NYSE:BTE) announces that its Board of Directors has approved a budget for 2024 exploration and development expenditures of $1.2 to $1.3 billion, which is designed to generate average annual production of 150,000 to 156,000 boe/d."Our 2024 budget and five-year outlook demonstrates the strength of our diversified oil-weighted portfolio in western Canada and the Eagle Ford shale in Texas. In 2024, we intend to progress the Pembina Duvernay, further delineate our Clearwater and Mannville heavy oil position, and deliver strong drilling and completion performance in the Eagle Ford. Our business is underpinned by strong drilling economics and greater than t