Baytex Energy Q3 EPS Decreased by Capital One Financial

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Investment analysts at Capital One Financial reduced their Q3 2026 earnings per share estimates for shares of Baytex Energy in a report released on Wednesday, November 12th. Capital One Financial analyst P. Johnston now expects that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.05. Capital One Financial currently has a “Hold” rating on the stock. The consensus estimate for Baytex Energy’s current full-year earnings is $0.37 per share.

A number of other research analysts also recently commented on BTE. Scotiabank raised shares of Baytex Energy from a “hold” rating to an “outperform” rating and increased their price target for the company from C$4.00 to C$5.25 in a report on Thursday. Raymond James Financial raised shares of Baytex Energy from a “hold” rating to a “moderate buy” rating in a research report on Thursday. National Bankshares cut their price objective on shares of Baytex Energy from C$4.75 to C$4.50 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. Finally, BMO Capital Markets raised Baytex Energy from a “hold” rating to an “outperform” rating and lifted their target price for the stock from C$3.00 to C$6.00 in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Baytex Energy presently has an average rating of “Moderate Buy” and a consensus price target of C$4.78.

Baytex Energy Price Performance

Shares of TSE:BTE traded up C$0.03 during trading on Friday, hitting C$4.43. 3,093,918 shares of the company’s stock were exchanged, compared to its average volume of 5,532,403. The business’s 50-day simple moving average is C$3.37 and its 200 day simple moving average is C$2.88. The company has a market cap of C$3.40 billion, a price-to-earnings ratio of 15.82, a PEG ratio of 0.12 and a beta of 0.72. Baytex Energy has a 52-week low of C$1.91 and a 52-week high of C$4.55. The company has a debt-to-equity ratio of 57.38, a current ratio of 0.69 and a quick ratio of 0.77.

Baytex Energy (TSE:BTE) (NYSE:BTE) last posted its earnings results on Thursday, October 30th. The company reported C$0.04 earnings per share for the quarter. The company had revenue of C$746.42 million for the quarter. Baytex Energy had a negative return on equity of 8.96% and a negative net margin of 10.45%.

Baytex Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 1st. Investors of record on Wednesday, October 1st were paid a dividend of $0.0225 per share. This represents a $0.09 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, September 15th. Baytex Energy’s dividend payout ratio is presently 32.14%.

About Baytex Energy

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.