Baytex Energy (NYSE:BTE) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Posted by George Bondi on Jul 17th, 2026

Baytex Energy Corp (NYSE:BTE – Get Free Report) (TSE:BTE)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $4.10 and traded as high as $4.27. Baytex Energy shares last traded at $4.1350, with a volume of 20,400,956 shares trading hands.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Raymond James Financial upgraded Baytex Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 30th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Baytex Energy in a report on Monday, May 11th. Scotiabank reissued an “outperform” rating on shares of Baytex Energy in a research note on Tuesday, April 21st. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Baytex Energy in a report on Friday, July 10th. Finally, Zacks Research upgraded Baytex Energy from a “strong sell” rating to a “hold” rating in a research report on Friday, April 3rd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

View Our Latest Stock Analysis on Baytex Energy

Baytex Energy Trading Up 2.3%

The company’s fifty day simple moving average is $4.52 and its two-hundred day simple moving average is $4.11. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of -5.99 and a beta of 0.40. The company has a quick ratio of 2.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.06.

Baytex Energy (NYSE:BTE – Get Free Report) (TSE:BTE) last announced its quarterly earnings results on Thursday, May 7th. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.09). Baytex Energy had a negative net margin of 24.25% and a negative return on equity of 10.85%. The firm had revenue of $325.64 million during the quarter, compared to analyst estimates of $228.04 million. Research analysts forecast that Baytex Energy Corp will post 0.22 earnings per share for the current fiscal year.

Baytex Energy Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Monday, June 15th were paid a $0.0225 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, June 15th. Baytex Energy’s payout ratio is presently -10.00%.

Institutional Investors Weigh In On Baytex Energy

A number of hedge funds have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Baytex Energy by 1.3% in the 4th quarter. Vanguard Group Inc. now owns 29,449,680 shares of the oil and gas producer’s stock valued at $95,270,000 after purchasing an additional 374,972 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in Baytex Energy by 816.3% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 22,003,118 shares of the oil and gas producer’s stock worth $98,381,000 after buying an additional 19,601,808 shares during the period. Encompass Capital Advisors LLC raised its holdings in Baytex Energy by 43.9% during the 1st quarter. Encompass Capital Advisors LLC now owns 20,071,614 shares of the oil and gas producer’s stock worth $89,695,000 after buying an additional 6,123,098 shares during the period. Alliancebernstein L.P. lifted its stake in Baytex Energy by 7.4% in the second quarter. Alliancebernstein L.P. now owns 10,710,876 shares of the oil and gas producer’s stock valued at $19,172,000 after buying an additional 738,337 shares in the last quarter. Finally, TD Asset Management Inc lifted its stake in Baytex Energy by 176.3% in the fourth quarter. TD Asset Management Inc now owns 10,287,145 shares of the oil and gas producer’s stock valued at $33,321,000 after buying an additional 6,564,105 shares in the last quarter. Institutional investors and hedge funds own 46.15% of the company’s stock.

About Baytex Energy

(Get Free Report)

Baytex Energy Corp. is an oil & gas exploration and production company. The firm engages in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company was founded on June 3, 1993 and is headquartered in Calgary, Canada.