Baytex Energy (BTE) Expected to Post Earnings on Thursday

Baytex Energy (NYSE:BTE) (TSE:BTE) is expected to issue its Q2 2026 results after the market closes on Thursday, July 30th. Analysts expect the company to announce earnings of $0.08 per share and revenue of $218.0990 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Friday, July 31, 2026 at 12:00 PM ET.

Baytex Energy (NYSE:BTE) (TSE:BTE) last released its quarterly earnings results on Thursday, May 7th. The oil and gas producer reported ($0.08) earnings per share for the quarter, missing the consensus estimate of $0.01 by ($0.09). Baytex Energy had a negative net margin of 24.25% and a negative return on equity of 10.85%. The company had revenue of $325.64 million during the quarter, compared to analyst estimates of $228.04 million. On average, analysts expect Baytex Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Baytex Energy Stock Down 2.8%

Shares of BTE stock opened at $4.01 on Wednesday. The firm has a fifty day moving average of $4.39 and a 200-day moving average of $4.16. The company has a quick ratio of 2.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.06. Baytex Energy has a 12-month low of $1.93 and a 12-month high of $5.36. The company has a market capitalization of $2.86 billion, a price-to-earnings ratio of -5.74 and a beta of 0.40.

Baytex Energy Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Investors of record on Monday, June 15th were given a $0.0225 dividend. This represents a $0.09 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, June 15th. Baytex Energy’s payout ratio is currently -10.00%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Zacks Research downgraded Baytex Energy from a “hold” rating to a “strong sell” rating in a research note on Friday, July 17th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Baytex Energy in a research report on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of Baytex Energy in a report on Friday, July 10th. Weiss Ratings lowered Baytex Energy from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 24th. Finally, TD Securities reissued a “hold” rating on shares of Baytex Energy in a research report on Monday, May 11th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Baytex Energy has a consensus rating of “Hold”.

Institutional Investors Weigh In On Baytex Energy

Several large investors have recently made changes to their positions in the stock. Bank of Nova Scotia bought a new position in shares of Baytex Energy in the third quarter valued at $26,000. Magnetar Financial LLC bought a new stake in Baytex Energy during the fourth quarter worth $35,000. Jump Financial LLC bought a new stake in Baytex Energy during the fourth quarter worth $39,000. Caitong International Asset Management Co. Ltd lifted its stake in Baytex Energy by 98.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 13,490 shares of the oil and gas producer’s stock valued at $44,000 after acquiring an additional 6,691 shares during the last quarter. Finally, WINTON GROUP Ltd acquired a new stake in Baytex Energy in the fourth quarter valued at $47,000. Institutional investors and hedge funds own 46.15% of the company’s stock.

Baytex Energy Company Profile

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.