Analyzing Baytex Energy (BTEGF) and The Competition

Baytex Energy (OTCMKTS:BTEGF) is one of 1,051 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its competitors? We will compare Baytex Energy to similar businesses based on the strength of its profitability, dividends, institutional ownership, risk, valuation, analyst recommendations and earnings.

Analyst Recommendations

This is a breakdown of current ratings for Baytex Energy and its competitors, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Baytex Energy	0	1	1	0	2.50
Baytex Energy Competitors	6007	27072	40971	2431	2.52

As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 26.66%. Given Baytex Energy’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Baytex Energy has less favorable growth aspects than its competitors.

Profitability

This table compares Baytex Energy and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Baytex Energy	38.28%	40.85%	20.18%
Baytex Energy Competitors	-455.75%	19.43%	6.71%

Earnings & Valuation

This table compares Baytex Energy and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Baytex Energy	$2.79 billion	$1.29 billion	2.90
Baytex Energy Competitors	$10.92 billion	$5.51 billion	-1.07

Baytex Energy’s competitors have higher revenue and earnings than Baytex Energy. Baytex Energy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Volatility and Risk

Baytex Energy has a beta of 2.16, meaning that its stock price is 116% more volatile than the S&P 500. Comparatively, Baytex Energy’s competitors have a beta of -3.76, meaning that their average stock price is 476% less volatile than the S&P 500.

Insider and Institutional Ownership

30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 0.8% of Baytex Energy shares are held by company insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Baytex Energy competitors beat Baytex Energy on 8 of the 13 factors compared.

About Baytex Energy

Baytex Energy Corp. is a Canadian oil and natural gas company focused on acquiring, developing and producing petroleum and natural gas resources. Its products include crude oil—both heavy and light grades—and natural gas. The company’s operations are centered in the Western Canadian Sedimentary Basin, with assets in Alberta and Saskatchewan. Baytex has also operated in the Eagle Ford region of Texas, expanding its U.S. presence through its 2023 acquisition of Ranger Oil; it later agreed to sell its Eagle Ford assets.