Shares of Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report) shot up 0.7% during mid-day trading on Wednesday . The stock traded as high as $4.3650 and last traded at $4.24. 20,201,292 shares were traded during trading, an increase of 7,996% from the average daily volume of 249,520 shares. The stock had previously closed at $4.21.
Baytex Energy Price Performance
The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $2.23 billion, a PE ratio of 2.79 and a beta of 2.16. The company has a fifty day moving average price of $4.54 and a two-hundred day moving average price of $4.10.
About Baytex Energy
Baytex Energy is a Canadian energy company engaged in the exploration, development and production of oil and natural gas resources. Headquartered in Calgary, Alberta, the company focuses primarily on developing heavy oil assets in Canada, complemented by light oil and condensate-rich natural gas production in the United States. Baytex operates key oil sands and conventional heavy oil projects in Western Canada’s Peace River and Lloydminster regions, as well as Eagle Ford Shale assets in Texas.
Since its incorporation in 1993, Baytex has expanded its portfolio through strategic acquisitions and organic growth initiatives.
Further Reading
- Five stocks we like better than Baytex Energy
- AST SpaceMobile Stock Sinks as SpaceX Fallout Rattles Space Sector
- Aehr Test Systems Stock Soars on Earnings, Eyes Over 150% Revenue Growth
- TSMC Just Gave AI Chip Bulls Another Reason to Stay Confident
- GE Aerospace Faces a Prove-It Moment in Q2 Earnings
Receive News & Ratings for Baytex Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baytex Energy and related companies with MarketBeat.com's FREE daily email newsletter.
