Baytex Energy Corp (BTE.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Baytex Energy Corp (BTE.TO)

6.96

-0.03 (0.43%)

as of Sep 11, 2026, 8:00:01 pm Market Open.

731 watching

Investor Insights

Sep 13, 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 seen as a company in transition, focusing on Canadian operations following divestments from less favorable assets. Experts express enthusiasm for the new management, particularly the CEO's decision to take a salary in stock, which aligns their interests with shareholders. The sale of American assets has positioned the company to be net cash positive, which should enhance its financial health and provide room for aggressive share buybacks. While there is a consensus that the market may not fully appreciate Baytex's potential, some analysts suggest that the company still has significant upside due to its solid operational efficiencies and disciplined approach to debt reduction. However, concerns about inventory depth and external factors influencing oil prices add an element of caution regarding long-term performance.

Consensus

Positive

Valuation

Fair Value

Similar

CVE, CVE

DON'T BUY

There is debt load and the primary asset is not operated in Eagleford. The differentials have also shrank to 9$ today. The debt hurts them and the market does not believe in $50 oil. He would prefer MEG.

DON'T BUY

He sold it a few days ago. The amount of financial participants in the sector right now is a fraction of what it was in the past. There is financial leverage that dissuaded him from holding. There are more compelling opportunities.

PAST TOP PICK

(A Top Pick Sep 09/19, Down 63%) When he picked this last year, he projected $60 oil and Baytex was paying down debt and buying back stock. He took the hit, selling it, and moved on. He'd rather be in pipelines or low-cost producers like Suncor or Tourmaline. Energy stocks have run a little ahead of the fundamentals now. Few energy companies are making money now in Canada or the U.S. Oil may any fall back into the $30s/barrel.

BUY ON WEAKNESS

Speculative buy you thought? If you are bullish on oil, it can be a good buy. He sold it at $0.34 so he could buy others that did not have the same financial risk. He bought it back at $0.40 before the rally up. He sold it after making 100% in a week. There will be a time and a price that it will make sense, but he is not sharing when that will be again.

PAST TOP PICK

(A Top Pick Jul 19/19, Down 80%) A good reminder it is not how you start the year, but how you finish. He thinks energy prices will recover before year end. He no longer owns it. They had higher leverage than its peers. Their non-operated crown jewel is in the Eagleford. He thinks that became a knock against them as well. He has become more of bull on Canadian energy producers now.

PAST TOP PICK

(A Top Pick Jun 15/19, Down 78%) The environment for energy back then was nothing like it is now. The oil situation is far from over. The producers are going to have some dire days ahead.

PAST TOP PICK

(A Top Pick Apr 26/19, Down 85%) He sold out when oil prices dropped to the mid-$30s. He will own it again and likes their hedge book, which is 48% hedged. They luckily refinanced their debt out to 2027 just before the COVID crisis took hold.

DON'T BUY

Low price momentum, volatile and a stressed balance sheet.

PAST TOP PICK

(A Top Pick Apr 26/19, Down 59%) They are predominately light and heavy oil production. They refinanced their debt out to 2027. The balance sheet leverage is a little high, but they do not face any issues for years to come now. They are 46% hedged this year. They are fully funded down to $47 oil for the year.

TOP PICK

The balance sheet is better now that they have rolled out debt to 2027. It trades at 3.5 times cash flow and offers a 28% free cash flow yield. They are 50% hedged at $76 Canadian oil pricing. Good exposure to the Eagleford play as well along with Canadian heavy oil. Yield 0% (Analysts’ price target is $2.88)

PAST TOP PICK

(A Top Pick Jul 15/19, Down 28%) Any oil stock has been crushed. It's a good sign that oil companies are buying back shares, but shareholders don't care.

RISKY

An oil and gas company with $800 million market cap. Cash flow estimates for 2021 are almost equal to the share price presently. Analysts are revising their earnings estimates upward. At today's price this could be a good holding if oil prices can stay above $50 per barrel. He does not follow this company closely.

DON'T BUY

The downtrend is still going, though there are a lot of energy stocks like this. We're in the ballpark to its 2016 low. There are better names in the energy space.

DON'T BUY

A leveraged play on crude oil prices. She owns no energy stocks, because she wants to see clarity on takeaway capacity from Alberta. BTE will follow the price of oil. CNQ and Suncor are the better oil names.

DON'T BUY

Energy? He is not a big believer in entering energy yet. The market is totally different than it was five years ago. The world is finding more oil than ever. The Chinese are the biggest buyer of energy now and he does not trust how they have created a Shanghai index for oil and gold. Terrorist activity in the Middle East does not impact the price like it once did. He is staying away from energy as a whole. Baytex has fallen to such a discount, he thinks the market does not trust the sustainability of the balance sheet. He thinks this will come in the form of reserve right downs. His model price for the share price is $0.60.

Showing 121 to 135 of 728 entries

Most Recent Experts

Jenny Harrington, CEO, Gilman Hill Asset Management

Gilman Hill Asset Management

Jim Lebenthal

Cerity Partners

Shannon Saccocia, CIO, Boston Private

Boston Private

Kevin Simpson

Capital Wealth Planning

Greg Newman

Scotia Wealth Management

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Baytex Energy Corp (BTE.TO)