Teekay (NYSE:TK – Get Free Report) and Baytex Energy (NYSE:BTE – Get Free Report) are both energy companies, but which is the superior investment? We will compare the two businesses based on the strength of their profitability, valuation, risk, earnings, analyst recommendations, dividends and institutional ownership.
Risk & Volatility
Teekay has a beta of 0.33, suggesting that its share price is 67% less volatile than the S&P 500. Comparatively, Baytex Energy has a beta of 0.4, suggesting that its share price is 60% less volatile than the S&P 500.
Analyst Ratings
This is a breakdown of current recommendations and price targets for Teekay and Baytex Energy, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Teekay | 0 | 0 | 1 | 0 | 3.00 |
| Baytex Energy | 1 | 5 | 2 | 3 | 2.64 |
Profitability
| Net Margins | Return on Equity | Return on Assets | |
| Teekay | 15.78% | 7.91% | 7.26% |
| Baytex Energy | -26.43% | -7.77% | -4.86% |
Earnings and Valuation
This table compares Teekay and Baytex Energy”s top-line revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Teekay | $949.52 million | 1.34 | $98.11 million | $2.08 | 7.07 |
| Baytex Energy | $2.56 billion | 1.24 | -$432.12 million | ($0.67) | -6.83 |
Teekay has higher earnings, but lower revenue than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Teekay, indicating that it is currently the more affordable of the two stocks.
Insider & Institutional Ownership
46.7% of Teekay shares are held by institutional investors. Comparatively, 46.1% of Baytex Energy shares are held by institutional investors. 2.4% of Teekay shares are held by insiders. Comparatively, 0.8% of Baytex Energy shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.
Summary
Teekay beats Baytex Energy on 10 of the 14 factors compared between the two stocks.
About Teekay
Teekay Corporation engages in the international crude oil and other marine transportation services worldwide. The company owns and operates crude oil and refined product tankers. It also provides ship-to-ship support services; tanker commercial management operation services; and operational and maintenance marine services. As of March 1, 2024, the company operated a fleet of approximately 53 owned and chartered-in vessels. It serves energy and utility companies, major oil traders, large oil consumers and petroleum product producers, government agencies, and various other entities that depend upon marine transportation. Teekay Corporation was founded in 1973 and is headquartered in Hamilton, Bermuda.
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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