Baytex Energy Corp. Logo

Baytex Energy Corp.

BTE.TO

(2.5)
Stock Price

4,20 CAD

-5.26% ROA

-9.95% ROE

-8.77x PER

Market Cap.

3.542.000.000,00 CAD

61.88% DER

2.06% Yield

-11.14% NPM

Baytex Energy Corp. Stock Analysis

Baytex Energy Corp. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Baytex Energy Corp. Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (26.27%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 PBV

The stock's low PBV ratio (0.68x) suggests it's undervalued, making it an attractive opportunity for investors.

4 DER

The stock maintains a fair debt to equity ratio (56%), indicating a reasonable balance between the money it owes and the ownership it possesses.

5 Assets Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

6 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (750) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Revenue Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

Baytex Energy Corp. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Baytex Energy Corp. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Baytex Energy Corp. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Baytex Energy Corp. Revenue
Year Revenue Growth
1995 6.200.000
1996 15.700.000 60.51%
1997 123.800.000 87.32%
1998 102.300.000 -21.02%
1999 120.100.000 14.82%
2000 286.226.000 58.04%
2001 329.700.000 13.19%
2002 365.860.000 9.88%
2003 351.404.000 -4.11%
2004 420.399.568 16.41%
2005 546.940.342 23.14%
2006 556.689.189 1.75%
2007 618.927.401 10.06%
2008 1.159.718.310 46.63%
2009 685.113.000 -69.27%
2010 1.015.071.000 32.51%
2011 1.308.814.000 22.44%
2012 1.024.949.000 -27.7%
2013 1.115.410.000 8.11%
2014 1.529.897.000 27.09%
2015 1.129.872.000 -35.4%
2016 780.095.000 -44.84%
2017 1.091.534.000 28.53%
2018 1.428.870.000 23.61%
2019 1.805.919.000 20.88%
2020 975.477.000 -85.13%
2021 1.868.195.000 47.79%
2022 2.889.045.000 35.34%
2023 4.652.040.000 37.9%
2023 2.712.829.000 -71.48%
2024 3.570.732.000 24.03%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Baytex Energy Corp. Research and Development Expenses
Year Research and Development Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Baytex Energy Corp. General and Administrative Expenses
Year General and Administrative Expenses Growth
1995 0
1996 0 0%
1997 0 0%
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 41.449.000 100%
2010 48.118.000 13.86%
2011 73.180.000 34.25%
2012 81.330.000 10.02%
2013 77.802.000 -4.53%
2014 87.420.000 11%
2015 74.750.000 -16.95%
2016 64.748.000 -15.45%
2017 62.898.000 -2.94%
2018 65.359.000 3.77%
2019 61.363.000 -6.51%
2020 43.737.000 -40.3%
2021 51.934.000 15.78%
2022 79.326.000 34.53%
2023 140.940.000 43.72%
2023 107.488.000 -31.12%
2024 106.284.000 -1.13%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Baytex Energy Corp. EBITDA
Year EBITDA Growth
1995 5.000.000
1996 11.200.000 55.36%
1997 106.700.000 89.5%
1998 80.500.000 -32.55%
1999 106.400.000 24.34%
2000 275.076.000 61.32%
2001 304.570.000 9.68%
2002 343.971.000 11.45%
2003 338.400.000 -1.65%
2004 427.736.981 20.89%
2005 502.909.640 14.95%
2006 306.743.943 -63.95%
2007 323.069.818 5.05%
2008 916.578.436 64.75%
2009 343.884.000 -166.54%
2010 464.146.000 25.91%
2011 500.418.000 7.25%
2012 484.308.000 -3.33%
2013 583.711.000 17.03%
2014 921.748.000 36.67%
2015 395.522.000 -133.05%
2016 234.005.000 -69.02%
2017 408.839.000 42.76%
2018 597.139.000 31.53%
2019 891.176.000 32.99%
2020 335.540.000 -165.59%
2021 986.264.000 65.98%
2022 1.530.622.000 35.56%
2023 2.500.728.000 38.79%
2023 1.711.498.000 -46.11%
2024 2.387.036.000 28.3%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Baytex Energy Corp. Gross Profit
Year Gross Profit Growth
1995 4.700.000
1996 12.000.000 60.83%
1997 91.200.000 86.84%
1998 72.200.000 -26.32%
1999 94.400.000 23.52%
2000 232.411.000 59.38%
2001 246.261.000 5.62%
2002 290.632.000 15.27%
2003 265.370.000 -9.52%
2004 331.321.094 19.91%
2005 436.292.592 24.06%
2006 334.893.989 -30.28%
2007 352.630.847 5.03%
2008 768.541.768 54.12%
2009 362.509.000 -112.01%
2010 492.408.000 26.38%
2011 637.615.000 22.77%
2012 519.912.000 -22.64%
2013 627.616.000 17.16%
2014 851.442.000 26.29%
2015 -174.555.000 587.78%
2016 -184.914.000 5.6%
2017 13.433.000 1476.57%
2018 139.139.000 90.35%
2019 243.539.000 42.87%
2020 -82.801.000 394.13%
2021 603.507.000 113.72%
2022 1.078.350.000 44.03%
2023 1.405.192.000 23.26%
2023 750.676.000 -87.19%
2024 1.059.080.000 29.12%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Baytex Energy Corp. Net Profit
Year Net Profit Growth
1995 800.000
1996 4.300.000 81.4%
1997 11.000.000 60.91%
1998 -38.400.000 128.65%
1999 14.100.000 372.34%
2000 43.788.000 67.8%
2001 -128.509.000 134.07%
2002 45.136.000 384.72%
2003 38.138.000 -18.35%
2004 13.762.899 -177.11%
2005 79.875.567 82.77%
2006 147.068.966 45.69%
2007 132.860.264 -10.69%
2008 259.894.366 48.88%
2009 87.574.000 -196.77%
2010 177.631.000 50.7%
2011 217.432.000 18.31%
2012 258.631.000 15.93%
2013 164.845.000 -56.89%
2014 -132.807.000 224.12%
2015 -1.133.651.000 88.29%
2016 -485.184.000 -133.65%
2017 87.174.000 656.57%
2018 -325.309.000 126.8%
2019 -12.459.000 -2511.04%
2020 -2.438.964.000 99.49%
2021 1.613.600.000 251.15%
2022 855.605.000 -88.59%
2023 509.720.000 -67.86%
2023 -233.356.000 318.43%
2024 415.592.000 156.15%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Baytex Energy Corp. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1995 0
1996 0 0%
1997 0 0%
1998 -1 100%
1999 0 0%
2000 1 100%
2001 -3 150%
2002 1 0%
2003 1 0%
2004 0 0%
2005 1 100%
2006 2 50%
2007 2 -100%
2008 3 50%
2009 1 0%
2010 2 100%
2011 2 0%
2012 2 50%
2013 1 -100%
2014 -1 0%
2015 -6 100%
2016 -2 -150%
2017 0 0%
2018 -1 0%
2019 0 0%
2020 -4 100%
2021 3 300%
2022 2 -100%
2023 1 0%
2023 0 0%
2024 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Baytex Energy Corp. Free Cashflow
Year Free Cashflow Growth
1995 -17.200.000
1996 -48.300.000 64.39%
1997 -103.600.000 53.38%
1998 -161.800.000 35.97%
1999 -26.600.000 -508.27%
2000 155.838.000 117.07%
2001 -21.069.000 839.66%
2002 -9.441.000 -123.16%
2003 -58.585.000 83.88%
2004 -46.991.841 -24.67%
2005 3.160.833 1586.69%
2006 128.070.830 97.53%
2007 134.854.504 5.03%
2008 201.328.315 33.02%
2009 5.991.000 -3260.51%
2010 179.696.000 96.67%
2011 135.700.000 -32.42%
2012 8.300.000 -1534.94%
2013 80.349.000 89.67%
2014 184.880.000 56.54%
2015 26.311.000 -602.67%
2016 22.465.000 -17.12%
2017 -72.939.000 130.8%
2018 -12.904.000 -465.24%
2019 278.429.000 104.63%
2020 70.476.000 -295.07%
2021 396.617.000 82.23%
2022 648.830.000 38.87%
2023 29.286.000 -2115.5%
2023 199.190.000 85.3%
2024 161.383.000 -23.43%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Baytex Energy Corp. Operating Cashflow
Year Operating Cashflow Growth
1995 2.800.000
1996 9.500.000 70.53%
1997 74.100.000 87.18%
1998 12.700.000 -483.46%
1999 67.800.000 81.27%
2000 155.838.000 56.49%
2001 168.446.000 7.48%
2002 172.607.000 2.41%
2003 128.171.000 -34.67%
2004 137.073.434 6.49%
2005 204.638.912 33.02%
2006 261.981.594 21.89%
2007 286.450.492 8.54%
2008 471.237.251 39.21%
2009 303.162.000 -55.44%
2010 441.438.000 31.32%
2011 571.860.000 22.81%
2012 577.305.000 0.94%
2013 638.476.000 9.58%
2014 974.569.000 34.49%
2015 549.420.000 -77.38%
2016 247.365.000 -122.11%
2017 325.208.000 23.94%
2018 485.322.000 32.99%
2019 834.939.000 41.87%
2020 353.096.000 -136.46%
2021 712.384.000 50.43%
2022 1.172.872.000 39.26%
2023 444.033.000 -164.14%
2023 1.255.307.000 64.63%
2024 505.584.000 -148.29%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Baytex Energy Corp. Capital Expenditure
Year Capital Expenditure Growth
1995 20.000.000
1996 57.800.000 65.4%
1997 177.700.000 67.47%
1998 174.500.000 -1.83%
1999 94.400.000 -84.85%
2000 0 0%
2001 189.515.000 100%
2002 182.048.000 -4.1%
2003 186.756.000 2.52%
2004 184.065.275 -1.46%
2005 201.478.079 8.64%
2006 133.910.764 -50.46%
2007 151.595.988 11.67%
2008 269.908.936 43.83%
2009 297.171.000 9.17%
2010 261.742.000 -13.54%
2011 436.160.000 39.99%
2012 569.005.000 23.35%
2013 558.127.000 -1.95%
2014 789.689.000 29.32%
2015 523.109.000 -50.96%
2016 224.900.000 -132.6%
2017 398.147.000 43.51%
2018 498.226.000 20.09%
2019 556.510.000 10.47%
2020 282.620.000 -96.91%
2021 315.767.000 10.5%
2022 524.042.000 39.74%
2023 414.747.000 -26.35%
2023 1.056.117.000 60.73%
2024 344.201.000 -206.83%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Baytex Energy Corp. Equity
Year Equity Growth
1995 17.000.000
1996 78.200.000 78.26%
1997 245.800.000 68.19%
1998 215.500.000 -14.06%
1999 230.300.000 6.43%
2000 379.322.000 39.29%
2001 318.780.000 -18.99%
2002 359.687.000 11.37%
2003 439.457.000 18.15%
2004 395.433.165 -11.13%
2005 400.741.947 1.32%
2006 476.335.042 15.87%
2007 622.455.060 23.47%
2008 927.327.586 32.88%
2009 1.011.997.000 8.37%
2010 1.029.026.000 1.65%
2011 1.206.734.000 14.73%
2012 1.299.412.000 7.13%
2013 1.282.485.000 -1.32%
2014 2.506.777.000 48.84%
2015 2.414.474.000 -3.82%
2016 1.978.961.000 -22.01%
2017 1.914.885.000 -3.35%
2018 3.055.424.000 37.33%
2019 2.947.209.000 -3.67%
2020 578.213.000 -409.71%
2021 2.211.329.000 73.85%
2022 3.030.417.000 27.03%
2023 4.732.218.000 35.96%
2023 3.825.087.000 -23.72%
2024 3.958.141.000 3.36%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Baytex Energy Corp. Assets
Year Assets Growth
1995 30.000.000
1996 99.300.000 69.79%
1997 443.800.000 77.63%
1998 413.000.000 -7.46%
1999 418.400.000 1.29%
2000 829.414.000 49.55%
2001 980.744.000 15.43%
2002 997.760.000 1.71%
2003 959.136.000 -4.03%
2004 1.104.136.069 13.13%
2005 1.105.566.926 0.13%
2006 1.079.629.543 -2.4%
2007 1.407.149.667 23.28%
2008 1.812.332.443 22.36%
2009 1.884.005.000 3.8%
2010 2.047.212.000 7.97%
2011 2.461.810.000 16.84%
2012 2.538.077.000 3%
2013 2.698.334.000 5.94%
2014 6.230.596.000 56.69%
2015 5.488.498.000 -13.52%
2016 4.594.085.000 -19.47%
2017 4.372.111.000 -5.08%
2018 6.377.198.000 31.44%
2019 5.914.083.000 -7.83%
2020 3.408.096.000 -73.53%
2021 4.834.643.000 29.51%
2022 5.103.769.000 5.27%
2023 8.946.181.000 42.95%
2023 7.460.931.000 -19.91%
2024 7.770.926.000 3.99%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Baytex Energy Corp. Liabilities
Year Liabilities Growth
1995 13.000.000
1996 21.100.000 38.39%
1997 198.000.000 89.34%
1998 197.500.000 -0.25%
1999 188.100.000 -5%
2000 450.092.000 58.21%
2001 661.964.000 32.01%
2002 638.073.000 -3.74%
2003 519.679.000 -22.78%
2004 708.702.904 26.67%
2005 704.824.980 -0.55%
2006 603.294.502 -16.83%
2007 784.694.607 23.12%
2008 885.004.857 11.33%
2009 872.008.000 -1.49%
2010 1.018.186.000 14.36%
2011 1.255.076.000 18.87%
2012 1.238.665.000 -1.32%
2013 1.415.849.000 12.51%
2014 3.723.819.000 61.98%
2015 3.074.024.000 -21.14%
2016 2.615.124.000 -17.55%
2017 2.457.226.000 -6.43%
2018 3.321.774.000 26.03%
2019 2.966.874.000 -11.96%
2020 2.829.883.000 -4.84%
2021 2.623.314.000 -7.87%
2022 2.073.352.000 -26.53%
2023 4.213.963.000 50.8%
2023 3.635.844.000 -15.9%
2024 3.812.785.000 4.64%

Baytex Energy Corp. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
4.5
Net Income per Share
-0.5
Price to Earning Ratio
-8.77x
Price To Sales Ratio
0.97x
POCF Ratio
2.03
PFCF Ratio
10.98
Price to Book Ratio
0.91
EV to Sales
1.63
EV Over EBITDA
2.65
EV to Operating CashFlow
3.38
EV to FreeCashFlow
18.51
Earnings Yield
-0.11
FreeCashFlow Yield
0.09
Market Cap
3,54 Bil.
Enterprise Value
5,97 Bil.
Graham Number
7.41
Graham NetNet
-4.24

Income Statement Metrics

Net Income per Share
-0.5
Income Quality
-4.33
ROE
-0.1
Return On Assets
-0.05
Return On Capital Employed
0.12
Net Income per EBT
0.84
EBT Per Ebit
-0.58
Ebit per Revenue
0.23
Effective Tax Rate
0.16

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.01
Gross Profit Margin
0.26
Operating Profit Margin
0.23
Pretax Profit Margin
-0.13
Net Profit Margin
-0.11

Dividends

Dividend Yield
0.02
Dividend Yield %
2.06
Payout Ratio
-0.18
Dividend Per Share
0.09

Operating Metrics

Operating Cashflow per Share
2.17
Free CashFlow per Share
0.4
Capex to Operating CashFlow
0.82
Capex to Revenue
0.39
Capex to Depreciation
1.01
Return on Invested Capital
0.11
Return on Tangible Assets
-0.05
Days Sales Outstanding
42.7
Days Payables Outstanding
83.03
Days of Inventory on Hand
0
Receivables Turnover
8.55
Payables Turnover
4.4
Inventory Turnover
0
Capex per Share
1.77

Balance Sheet

Cash per Share
0,04
Book Value per Share
4,86
Tangible Book Value per Share
4.86
Shareholders Equity per Share
4.86
Interest Debt per Share
3.28
Debt to Equity
0.62
Debt to Assets
0.32
Net Debt to EBITDA
1.08
Current Ratio
0.72
Tangible Asset Value
3,96 Bil.
Net Current Asset Value
-3,32 Bil.
Invested Capital
6703593000
Working Capital
-0,19 Bil.
Intangibles to Total Assets
0
Average Receivables
0,43 Bil.
Average Payables
0,62 Bil.
Average Inventory
0
Debt to Market Cap
0.69

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Baytex Energy Corp. Dividends
Year Dividends Growth
2003 1
2004 2 100%
2005 2 0%
2006 2 50%
2007 2 0%
2008 3 0%
2009 2 -100%
2010 2 50%
2011 2 0%
2012 3 0%
2013 2 0%
2014 3 0%
2015 1 0%
2023 0 0%
2024 0 0%

Baytex Energy Corp. Profile

About Baytex Energy Corp.

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

CEO
Mr. Eric Thomas Greager
Employee
231
Address
Centennial Place, East Tower
Calgary, T2P 0R3

Baytex Energy Corp. Executives & BODs

Baytex Energy Corp. Executives & BODs
# Name Age
1 Mr. Eric Thomas Greager
President, Chief Executive Officer & Director
70
2 Mr. Chad L. Kalmakoff C.A.
Executive Vice President & Chief Financial Officer
70
3 Mr. Chad E. Lundberg
Chief Operating Officer
70
4 Mr. Brian G. Ector
Senior Vice President of Capital Markets & Investor Relations
70
5 Mr. Kendall D. Arthur
Senior Vice President & GM of Canadian Heavy Oil Operations
70
6 Mr. James R. Maclean
Chief Legal Officer & Corporate Secretary
70
7 Ms. Julia C. Gwaltney
Senior Vice President & GM of U.S. Eagle Ford Oil Operations
70
8 Mr. Chris M.P. Lessoway
Vice President of Finance & Treasurer
70

Baytex Energy Corp. Competitors