Capital One Financial Comments on Baytex Energy Q3 Earnings

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Analysts at Capital One Financial cut their Q3 2026 earnings estimates for shares of Baytex Energy in a research report issued on Wednesday, November 12th. Capital One Financial analyst P. Johnston now anticipates that the company will post earnings per share of $0.01 for the quarter, down from their prior estimate of $0.05. Capital One Financial has a “Hold” rating on the stock. The consensus estimate for Baytex Energy’s current full-year earnings is $0.37 per share.

Baytex Energy (TSE:BTE) (NYSE:BTE) last posted its quarterly earnings data on Thursday, October 30th. The company reported C$0.04 earnings per share (EPS) for the quarter. Baytex Energy had a negative net margin of 10.45% and a negative return on equity of 8.96%. The business had revenue of C$746.42 million for the quarter.

Several other equities research analysts have also recently issued reports on BTE. Raymond James Financial upgraded Baytex Energy from a “hold” rating to a “moderate buy” rating in a report on Thursday. Scotiabank raised Baytex Energy from a “hold” rating to an “outperform” rating and lifted their price target for the stock from C$4.00 to C$5.25 in a research note on Thursday. BMO Capital Markets upgraded Baytex Energy from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$3.00 to C$6.00 in a research report on Thursday. Finally, National Bankshares decreased their price objective on Baytex Energy from C$4.75 to C$4.50 and set an “outperform” rating on the stock in a report on Wednesday, October 22nd. Five research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$4.78.

Baytex Energy Stock Up 0.7%

BTE opened at C$4.43 on Friday. The company has a market cap of C$3.40 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 0.12 and a beta of 0.72. Baytex Energy has a twelve month low of C$1.91 and a twelve month high of C$4.55. The company has a 50-day moving average price of C$3.40 and a 200 day moving average price of C$2.90. The company has a quick ratio of 0.77, a current ratio of 0.69 and a debt-to-equity ratio of 57.38.

Baytex Energy Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 1st. Stockholders of record on Wednesday, October 1st were given a $0.0225 dividend. The ex-dividend date was Monday, September 15th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 2.0%. Baytex Energy’s dividend payout ratio is 32.14%.

Baytex Energy Company Profile

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.