Baytex Energy Corp (NYSE:BTE) Stock Rated “Hold” by Wall Street Brokerages

Posted by Brenda Bartman on Oct 5th, 2026

Baytex Energy Corp (NYSE:BTE – Get Free Report) (TSE:BTE) has received an average rating of “Hold” from the eleven ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, six have issued a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

A number of brokerages have recently weighed in on BTE. Raymond James Financial reissued a “strong-buy” rating on shares of Baytex Energy in a report on Wednesday, September 16th. Zacks Research raised shares of Baytex Energy from a “strong sell” rating to a “hold” rating in a report on Thursday, August 20th. Weiss Ratings raised Baytex Energy from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, July 28th. TD Securities reiterated a “hold” rating on shares of Baytex Energy in a research note on Monday, August 3rd. Finally, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Baytex Energy in a report on Friday, July 10th.

Read Our Latest Research Report on Baytex Energy

Hedge Funds Weigh In On Baytex Energy

Several institutional investors have recently made changes to their positions in the company. Tidal Investments LLC increased its holdings in Baytex Energy by 34.3% in the second quarter. Tidal Investments LLC now owns 229,181 shares of the oil and gas producer’s stock valued at $917,000 after buying an additional 58,522 shares in the last quarter. Engineers Gate Manager LP acquired a new position in shares of Baytex Energy in the second quarter worth about $1,251,000. Squarepoint Ops LLC boosted its stake in shares of Baytex Energy by 49.2% during the 2nd quarter. Squarepoint Ops LLC now owns 82,925 shares of the oil and gas producer’s stock worth $332,000 after acquiring an additional 27,353 shares in the last quarter. Mraz Amerine & Associates Inc. purchased a new stake in shares of Baytex Energy during the 2nd quarter worth about $165,000. Finally, Spark Investment Management LLC acquired a new stake in shares of Baytex Energy during the 2nd quarter valued at about $1,038,000. 46.15% of the stock is owned by hedge funds and other institutional investors.

Baytex Energy Trading Down 0.1%

Shares of Baytex Energy stock opened at $4.62 on Wednesday. The firm’s 50 day simple moving average is $4.62 and its two-hundred day simple moving average is $4.52. The firm has a market capitalization of $3.19 billion, a price-to-earnings ratio of -6.90 and a beta of 0.40. Baytex Energy has a 12-month low of $2.18 and a 12-month high of $5.36. The company has a current ratio of 2.82, a quick ratio of 2.79 and a debt-to-equity ratio of 0.06.

Baytex Energy (NYSE:BTE – Get Free Report) (TSE:BTE) last released its earnings results on Thursday, July 30th. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.09. Baytex Energy had a negative return on equity of 7.77% and a negative net margin of 26.43%.The firm had revenue of $449.32 million for the quarter, compared to the consensus estimate of $218.10 million. Analysts predict that Baytex Energy will post 0.41 EPS for the current year.

Baytex Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th were given a C$0.02 dividend. This represents a $0.09 annualized dividend and a yield of 1.9%. The ex-dividend date was Tuesday, September 15th. Baytex Energy’s dividend payout ratio is currently -8.96%.

About Baytex Energy

(Get Free Report)

Baytex Energy Corp. (NYSE: BTE) is a Canadian oil and gas exploration and production company headquartered in Calgary, Alberta. The company’s operations are focused on the development and production of crude oil, condensate, natural gas liquids and natural gas.

Baytex’s asset base is concentrated in Western Canada, including the Clearwater and Viking oil plays in Alberta and Saskatchewan, and in the Eagle Ford shale region of South Texas. The company sells its production into North American markets through established pipeline, processing and transportation infrastructure.

Baytex traces its history to the Canadian energy sector in the 1990s and has expanded through a combination of exploration, development and acquisitions.