BTE:CA:TSX-Baytex Energy Corp (CAD)

COMMON STOCK | Oil & Gas E&P | TSX

Last Closing Price

CAD 0.72

Change

0.00 (0.00)%

Market Cap

CAD 0.40B

Volume

2.28M

Average Target Price

CAD 0.71 (-2.08%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. As of January 20, 2020, it had proved developed producing reserves of 142 million barrels of oil equivalent (mmboe); proved reserves of 314 mmboe; and proved plus probable reserves of 529 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. Address: Centennial Place, East Tower, Calgary, AB, Canada, T2P 0R3

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-29 )

Largest Industry Peers for Oil & Gas E&P

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
CNU:CA CNOOC Limited

N/A

CAD70.88B 13.85 1.07
CNQ:CA Canadian Natural Resources Lim..

N/A

CAD37.05B 695.33 9.60
TOU:CA Tourmaline Oil Corp

N/A

CAD5.07B 100.05 5.40
OVV:CA Ovintiv Inc

N/A

CAD4.71B 3.13 3.76
PXT:CA Parex Resources Inc

N/A

CAD2.53B 20.64 4.25
PSK:CA PrairieSky Royalty Ltd

N/A

CAD2.47B 60.99 15.32
ARX:CA ARC Resources Ltd

N/A

CAD2.38B 17.30 7.87
VII:CA Seven Generations Energy Ltd

N/A

CAD1.93B 1.96 14.01
WCP:CA Whitecap Resources Inc

N/A

CAD1.69B 30.85 5.99
CPG:CA Crescent Point Energy Corp

N/A

CAD1.37B N/A 2.73

ETFs Containing BTE:CA

Symbol Name Weight Mer Price(Change) Market Cap

N/A

Market Performance

  Market Performance vs.
Industry/Classification (Oil & Gas E&P)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -61.50% 24% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -61.50% 22% F 3% F
Trailing 12 Months  
Capital Gain -50.00% 33% F 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -50.00% 31% F 4% F
Trailing 5 Years  
Capital Gain -87.59% 27% F 3% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -87.59% 19% F 2% F
Average Annual (5 Year Horizon)  
Capital Gain -25.22% N/A N/A 4% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -25.22% N/A N/A 4% F
Risk Return Profile  
Volatility (Standard Deviation) 41.41% N/A N/A 18% F
Risk Adjusted Return -60.91% N/A N/A 7% F
Market Capitalization 0.40B 59% F 61% D-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Oil & Gas E&P)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 80.80 19% F 9% F
Price/Book Ratio 1.02 27% F 66% D
Price / Cash Flow Ratio 0.48 90% A- 78% C+
EV/EBITDA 2.80 78% C+ 93% A
Management Effectiveness  
Return on Equity -159.13% 8% F 3% F
Return on Invested Capital 0.71% 45% F 39% F
Return on Assets -39.64% 9% F 4% F
Debt to Equity Ratio 62.21% 25% F 43% F
Technical Ratios  
Short Ratio 8.38 26% F 10% F
Short Percent N/A N/A N/A N/A N/A
Beta 3.46 12% F 1% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced on cashflow basis

The stock is trading low compared to its peers on a price to cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector