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Investor Insights

This summary was created by AI, based on 27 opinions in the last 12 months.

The reviews for Baytex Energy Corp stock are mixed, with some experts highlighting positive aspects such as solid earnings, capital allocation strategy, and potential for buybacks, while others express concerns about underperformance, debt levels, and stock price volatility. Overall, the stock seems to have potential but also faces challenges in the energy sector.

Consensus
Mixed
Valuation
Undervalued
Unspecified
Baytex Energy Corp

Oil stocks are under pressure with the China slowdown. There could be more chances to drill under the Trump administration, therefore more oil and lower prices. Also OPEC is not cutting production. If there was a takeover it would go for a premium.

oil / gas
DON'T BUY
Baytex Energy Corp

Serial disappointment, underperforming the sector. Technically, not the kind of stock he would buy.

oil / gas
PARTIAL BUY
Baytex Energy Corp
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

BTE mentioned that it allocate 50% of free cash flow to its balance sheet and the other 50% to allocating capital to shareholders through buybacks and dividends. Net debt reduced 5% in the quarter but remained high at $2.28B. Earnings were solid as production and net income were up for the quarter. The current capital allocation strategy is quite shareholder friendly but we would like to see debt come down more in the future. The call seemed generally positive.
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oil / gas
BUY ON WEAKNESS
Baytex Energy Corp

They continue to deliver, like moving into the Montney and with acquisitions. The stock is cheap and they're paying down debt. Over 75% of free cash flow now goes to shareholders. Expect more buybacks. The risk is energy prices falling, but he likes it.

oil / gas
HOLD
Baytex Energy Corp

Trend not going well. Energy stocks not performing well recently. Waiting for stabilization on trends before we buy. Generally speaking, is positive on outlook. Would recommend holding. 

oil / gas
HOLD
Baytex Energy Corp

Volatile year with energy stocks. If we continue to see lower rates and pickup in economic activity, this name will do well. More heavy-oil focused. Cost of production is higher than others, so they need higher price for oil. Historically cheap, small dividend.

oil / gas
HOLD
Baytex Energy Corp

Despite market sentiment, strong company. Company will continue to buy back stock. Very high torque to rising oil price. Above $60 WTI - very strong company. Would recommend holding. Owns shares in the company. 

oil / gas
HOLD
Baytex Energy Corp

Frustrating. A 10% weight for his fund. Good inventory depth, probably 12-15 years. Respects the CEO. Investors are getting 50% of free cashflow. 23-26% free cashflow yield next year and 2026. He targets $9.30 in 1 year, $11.20 in 2 years, so roughly 90-100% upside.

Meaningfully buying back shares means an inevitable, eventual rerating in the stock.

oil / gas
TOP PICK
Baytex Energy Corp

Valuation is very cheap. Unlike the past, they have a varied portfolio of operations. Huge cash flows and are buying back shares that will likely rise later this year. Cyclical, but undervalued. Should be trading at $7.

(Analysts’ price target is $6.50)
oil / gas
BUY
Baytex Energy Corp

Set up to do quite well for second half of the year. 

oil / gas
TOP PICK
Baytex Energy Corp

Disappointing laggard. But sees profound value disconnect between where stock's trading and where it should be. The Q1 heavy spend is done. Now buying back shares aggressively with half of free cashflow, and this should set it up to outperform; rest of free cashflow is being used to pay down debt. Yield is 2%.

(Analysts’ price target is $6.47)
oil / gas
BUY ON WEAKNESS
Baytex Energy Corp

Oils have been trading sideways. Stock's close to midway between one of its trading ranges. Stuck in limbo for next few months. Not great during summer seasonality. OK on dips, but don't expect much for a few months.

See his (really good;) blog on oils, being published tomorrow.

oil / gas
HOLD
Baytex Energy Corp

Owns shares, but has been frustrated. Stock price not performing well. Company has improved a lot through the years. Strong assets with cheap valuation. Will continue to hold shares. Expecting continued strength in energy prices. 

oil / gas
BUY
Baytex Energy Corp

Good company, would recommend buying. Does not own shares - owns others in the sector instead. However, is a good name. Overall, a positive time in the energy space. 

oil / gas
HOLD
Baytex Energy Corp

Energy is the most undervalued sector in Canada. This year, global world consumption will hit a record high. Yes, we need to find alternative energy, but demand is insatiable. The bigger names like Suncor trade at much higher PEs, but investors will eventually look at smaller names like this. Hold, if you own, and you can add shares.

oil / gas
Showing 1 to 15 of 696 entries

Baytex Energy Corp(BTE-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 10

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 25

Stockchase rating for Baytex Energy Corp is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Baytex Energy Corp(BTE-T) Frequently Asked Questions

What is Baytex Energy Corp stock symbol?

Baytex Energy Corp is a Canadian stock, trading under the symbol BTE-T on the Toronto Stock Exchange (BTE-CT). It is usually referred to as TSX:BTE or BTE-T

Is Baytex Energy Corp a buy or a sell?

In the last year, 25 stock analysts published opinions about BTE-T. 11 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Baytex Energy Corp.

Is Baytex Energy Corp a good investment or a top pick?

Baytex Energy Corp was recommended as a Top Pick by on . Read the latest stock experts ratings for Baytex Energy Corp.

Why is Baytex Energy Corp stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Baytex Energy Corp worth watching?

25 stock analysts on Stockchase covered Baytex Energy Corp In the last year. It is a trending stock that is worth watching.

What is Baytex Energy Corp stock price?

On 2024-11-20, Baytex Energy Corp (BTE-T) stock closed at a price of $4.2.