Baytex Energy (TSE:BTE) Issues Earnings Results

Posted by Brenda Bartman on Nov 5th, 2026

Baytex Energy (TSE:BTE – Get Free Report) (NYSE:BTE) released its quarterly earnings results on Thursday. The company reported C$0.23 earnings per share for the quarter, FiscalAI reports. Baytex Energy had a negative return on equity of 26.41% and a negative net margin of 131.38%. The firm had revenue of C$511.39 million for the quarter.

Baytex Energy Stock Performance

Shares of Baytex Energy stock traded down C$0.27 on Thursday, hitting C$5.93. 6,762,765 shares of the company’s stock were exchanged, compared to its average volume of 5,860,439. The company has a 50-day simple moving average of C$6.91 and a 200-day simple moving average of C$6.14. The stock has a market capitalization of C$4.15 billion, a PE ratio of -6.45, a PEG ratio of 0.12 and a beta of 0.69. Baytex Energy has a 1 year low of C$3.30 and a 1 year high of C$7.87. The company has a debt-to-equity ratio of 6.94, a quick ratio of 0.77 and a current ratio of 2.82.

Baytex Energy Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, October 1st were given a $0.0225 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.09 annualized dividend and a yield of 1.5%. Baytex Energy’s dividend payout ratio (DPR) is presently -7.34%.

Wall Street Analyst Weigh In

A number of analysts recently commented on BTE shares. Raymond James Financial upped their price objective on Baytex Energy from C$8.00 to C$8.50 and gave the company a “strong-buy” rating in a research report on Friday, July 31st. National Bank Financial raised their target price on Baytex Energy from C$8.50 to C$9.50 and gave the stock an “outperform” rating in a research report on Wednesday, September 30th. Finally, Jefferies Financial Group started coverage on Baytex Energy in a research note on Tuesday, October 27th. They set a “buy” rating and a C$9.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Baytex Energy presently has an average rating of “Moderate Buy” and an average price target of C$7.32.

Read Our Latest Research Report on Baytex Energy

Baytex Energy Company Profile

(Get Free Report)

Baytex Energy Corp. is a Calgary -based energy company committed to driving shareholder value through disciplined execution. It operates a high-quality, high-return portfolio in the Western Canadian Sedimentary Basin, featuring the Pembina Duvernay and heavy oil plays in Alberta and Saskatchewan. These core assets are backed by an extensive drilling inventory and consistently generate strong cash flow.