Baytex Energy (BTE) – Investment Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Baytex Energy (NYSE: BTE) recently:

• 11/6/2026 – Baytex Energy was upgraded by ATB Cormark Capital Markets from “hold” to “moderate buy”.
• 11/6/2026 – Baytex Energy was upgraded by TD Securities from “hold” to “strong-buy”.
• 10/27/2026 – Baytex Energy is now covered by Jefferies Financial Group. They set a “buy” rating on the stock.
• 10/23/2026 – Baytex Energy was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 10/19/2026 – Baytex Energy had its “outperform” rating reaffirmed by Scotiabank.
• 10/17/2026 – Baytex Energy was upgraded by Wall Street Zen from “hold” to “buy”.
• 10/9/2026 – Baytex Energy had its “neutral” rating reaffirmed by Canadian Imperial Bank of Commerce.
• 10/8/2026 – Baytex Energy was upgraded by Weiss Ratings from “sell (d+)” to “hold (c)”.
• 10/5/2026 – Baytex Energy was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/16/2026 – Baytex Energy had its “strong-buy” rating reaffirmed by Raymond James Financial.

Baytex Energy Stock Up 1.8%

BTE stock opened at $4.33 on Friday. The firm has a 50-day moving average price of $4.85 and a 200-day moving average price of $4.44. Baytex Energy Corp has a 12 month low of $2.96 and a 12 month high of $5.61. The company has a current ratio of 2.61, a quick ratio of 2.79 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $2.93 billion, a P/E ratio of -8.03 and a beta of 0.37.

Baytex Energy (NYSE:BTE) (TSE:BTE) last announced its quarterly earnings results on Thursday, November 5th. The oil and gas producer reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.03. The firm had revenue of $426.40 million during the quarter, compared to analysts’ expectations of $309.71 million. Baytex Energy had a negative net margin of 25.82% and a negative return on equity of 3.87%. As a group, equities research analysts anticipate that Baytex Energy Corp will post 0.42 EPS for the current fiscal year.

Baytex Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 4th. Stockholders of record on Tuesday, December 15th will be paid a C$0.02 dividend. This represents a $0.09 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Tuesday, December 15th. Baytex Energy’s dividend payout ratio is currently -11.11%.

Baytex Energy Corp. is a Canadian oil and gas company headquartered in Calgary, Alberta. It explores for, develops and produces crude oil and natural gas, with a focus on oil-weighted assets. The company’s operations are concentrated in Western Canada, including Alberta and Saskatchewan, and in the Eagle Ford shale region of Texas. Its production includes heavy and light crude oil, natural gas and natural gas liquids. Baytex expanded its U.S. presence through its 2023 acquisition of Ranger Oil Corporation, adding Eagle Ford assets to its portfolio.