Baytex Energy Corp (BTE) Given Daily Media Impact Rating of 0.09
News stories about Baytex Energy Corp (NYSE:BTE) (TSE:BTE) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Baytex Energy Corp earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news stories about the oil and gas producer an impact score of 47.1953824922694 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Baytex Energy Corp (NYSE:BTE) traded up 0.74% on Monday, reaching $2.73. 345,823 shares of the company’s stock traded hands. Baytex Energy Corp has a 12 month low of $2.13 and a 12 month high of $5.61. The firm’s market cap is $642.78 million. The firm’s 50-day moving average is $2.62 and its 200 day moving average is $2.90.
Baytex Energy Corp (NYSE:BTE) (TSE:BTE) last posted its quarterly earnings data on Tuesday, August 1st. The oil and gas producer reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.17. The business had revenue of $207.22 million during the quarter. Baytex Energy Corp had a negative return on equity of 5.17% and a negative net margin of 38.91%. Equities analysts predict that Baytex Energy Corp will post ($0.18) EPS for the current year.
A number of research analysts recently issued reports on the stock. ValuEngine lowered shares of Baytex Energy Corp from a “sell” rating to a “strong sell” rating in a report on Friday, September 1st. BidaskClub lowered shares of Baytex Energy Corp from a “hold” rating to a “sell” rating in a report on Thursday, August 17th. Zacks Investment Research upgraded shares of Baytex Energy Corp from a “sell” rating to a “hold” rating in a report on Friday, August 11th. Raymond James Financial, Inc. lowered shares of Baytex Energy Corp from a “market perform” rating to an “underperform” rating in a report on Wednesday, July 5th. Finally, UBS AG lowered shares of Baytex Energy Corp from a “market perform” rating to an “underperform” rating in a report on Wednesday, July 5th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $7.44.
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Baytex Energy Corp Company Profile
Baytex Energy Corp. (Baytex) is engaged in the business of acquiring, developing, exploiting and holding interests in petroleum and natural gas properties and related assets in Canada (Alberta and Saskatchewan) and in the United States (Texas). The Company’s crude oil and natural gas operations are organized into four business units: Lloydminster, Peace River, Conventional and United States.
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