Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs

TSE:BTE

Baytex Energy Corp (BTE.TO)

6.54
-0.07 (1.06%)
as of Aug 24, 2026, 8:00:01 pm Market Open.
733 watching
0
Investor Insights
star iconAug 24, 2026, 12:00 am

This summary was created by AI, based on 22 opinions in the last 12 months.

Baytex Energy Corp (BTE-T) is undergoing a significant transformation by refocusing its operations in Canada, which has been well-received by industry experts. The company has demonstrated strong financial discipline by selling off underperforming U.S. assets and using the proceeds to reduce debt, leading to a cash position of around $500M to $900M. Analysts appreciate the new CEO's commitment to taking his salary in stock options, indicating confidence in the company's future. While there is optimism about the potential for share buybacks and operational efficiencies, some experts express concerns regarding the overall inventory depth and the company's ability to compete with larger energy players. Overall, the sentiment is cautiously optimistic, suggesting potential upside for dividend-conscious investors.

consensus icon
Consensus
Positive
valuation icon
Valuation
Fair Value
review icon
Similar
CVE
HOLD
Not a big holding for him. Well managed. Has done extremely well. Fairly oily and a good Explorer.
BUY
Likes the prospects. Likes oil or liquid-rich gas. Management has done a tremendous job of finding oil. They can grow production 7-8% over the next 5 years. Almost 5% yield. Prefers to something with almost no dividend.
BUY
CPG got a lot more coverage, but it is hard to argue with BTE’s performance. Heavy/light differential will remain fairly tight which is in BTE’s favour.
COMMENT
Operates in the heavy pumpable oil In the Seal area of Alberta. Very good at it. Pays a nice yield of 4.3%. Have a lot of land. Might take a rest for a while so you could possible wait.
HOLD
Pulled back in the last month along with the energy complex. Likes energy producers that pay a good yield and have long life assets like this one. Will probably continue to grow their production at 7%-8% for the next 3 years.
HOLD
Nice trend. Some indicators are a little overextended. Past a year it is not too extended. Right space, top of relative strength, one of the better ones. No reason to sell – hang on.
DON'T BUY
Has done a great job in the heavy oil business and hedging. Stock reflects a lot of that. We can only get sop much heavy oil down to the US. Longer term this gets worked out but shorter term we are in a bottleneck.
TOP PICK
In the Seal area in Alberta. Heavy oil, but you drill. Now using horizontal and fracing to get the oil out. Very good at it. Just made an acquisition.
BUY
Crescent Point (CPG-T) or Baytex? Would prefer Baytex. Crescent Point has potential to go quite a bit higher with water flood and developing Alberta properties but Baytex has done some exciting things by acquiring heavy oil assets near Seal in the oil sands.
COMMENT
Wary on commodities. Market feels that when it converts, it will maintain the 5.2% yield. Chart shows it at the top of the growth channel and would normally correct or go sideways at that time but doesn’t expect it to go any higher.
BUY
Good support at around $34.50, which is \where you should put your Stops. Strong up trend from early 2009. Moving averages are moving up. Will be converting to a Corp soon, but market has discounted that. Good volume going back quite a long time. 5% yield.
TOP PICK
75% oil, largely heavy oil. Have a couple of growth plays that can give them exposure to light oil. Have been extremely good at recycling the cash into the business. Have about the lowest finding costs in Canada. Applying new technologies for recovery. Pay out only about 50% of their cash flow. Expecting 5%-6% production growth. 5.6% yield.
TOP PICK
Heavy oil producer, but conventional heavy oil. Mainly in the Seal area. Outstanding record in the recoveries. New technologies are really going to mean heavy recoveries. Yielding about 6% and he expects them to hold this.
HOLD
He was going to buy it last December but something else came up.
WAIT
Likes heavy oil. Looking at the market that we will be going into in September/October and that would be the time to buy it.
Showing 601 to 615 of 727 entries