Baytex Energy (NYSE:BTE – Get Free Report) (TSE:BTE) is expected to be releasing its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect Baytex Energy to post earnings of $0.08 per share and revenue of $218.0990 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Friday, July 31, 2026 at 12:00 PM ET.
Baytex Energy (NYSE:BTE – Get Free Report) (TSE:BTE) last issued its earnings results on Thursday, May 7th. The oil and gas producer reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.09). Baytex Energy had a negative return on equity of 10.85% and a negative net margin of 24.25%.The firm had revenue of $325.64 million during the quarter, compared to analysts’ expectations of $228.04 million. On average, analysts expect Baytex Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Baytex Energy Stock Performance
Shares of BTE opened at $4.13 on Tuesday. The stock has a 50-day moving average of $4.42 and a two-hundred day moving average of $4.16. Baytex Energy has a one year low of $1.93 and a one year high of $5.36. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.12 and a current ratio of 2.15. The stock has a market cap of $2.95 billion, a P/E ratio of -5.91 and a beta of 0.40.
Baytex Energy Dividend Announcement
Wall Street Analyst Weigh In
A number of brokerages recently commented on BTE. Zacks Research lowered Baytex Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. Raymond James Financial raised shares of Baytex Energy from a “hold” rating to a “moderate buy” rating in a research report on Monday, March 30th. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Baytex Energy in a research note on Friday, July 10th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Baytex Energy in a report on Monday, May 11th. Finally, TD Securities reiterated a “hold” rating on shares of Baytex Energy in a research note on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Report on BTE
Hedge Funds Weigh In On Baytex Energy
Several institutional investors and hedge funds have recently modified their holdings of BTE. State of Wisconsin Investment Board acquired a new stake in Baytex Energy during the fourth quarter worth about $15,690,000. UBS Group AG raised its position in Baytex Energy by 39.5% during the third quarter. UBS Group AG now owns 5,129,075 shares of the oil and gas producer’s stock valued at $12,002,000 after acquiring an additional 1,452,603 shares in the last quarter. Swiss National Bank lifted its holdings in Baytex Energy by 2.2% in the fourth quarter. Swiss National Bank now owns 1,369,488 shares of the oil and gas producer’s stock valued at $4,439,000 after acquiring an additional 30,000 shares during the period. AXA S.A. lifted its holdings in Baytex Energy by 8.0% in the second quarter. AXA S.A. now owns 1,130,528 shares of the oil and gas producer’s stock valued at $2,024,000 after acquiring an additional 83,766 shares during the period. Finally, Numerai GP LLC boosted its position in Baytex Energy by 33.5% in the 3rd quarter. Numerai GP LLC now owns 561,546 shares of the oil and gas producer’s stock worth $1,314,000 after purchasing an additional 140,790 shares in the last quarter. Institutional investors and hedge funds own 46.15% of the company’s stock.
About Baytex Energy
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.
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