Baytex Energy (BTE) to Announce 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 can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Friday, July 31, 2026 at 11:00 AM ET.

Baytex Energy (NYSE:BTE) (TSE:BTE) last issued its 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 for the quarter, compared to analysts’ expectations 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 Up 1.8%

Shares of NYSE BTE opened at $4.30 on Thursday. The firm’s fifty day moving average is $4.47 and its 200 day moving average is $4.14. Baytex Energy has a 52 week low of $1.93 and a 52 week high of $5.36. The company has a quick ratio of 2.12, a current ratio of 2.15 and a debt-to-equity ratio of 0.06. The company has a market cap of $3.07 billion, a price-to-earnings ratio of -6.15 and a beta of 0.40.

Baytex Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Monday, June 15th were paid a dividend of $0.0225 per share. This represents a $0.09 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, June 15th. Baytex Energy’s dividend payout ratio is -10.00%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Canaccord Genuity Group raised Baytex Energy from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Baytex Energy in a report on Monday, May 11th. TD Securities reiterated a “hold” rating on shares of Baytex Energy in a research report on Monday, May 11th. Weiss Ratings downgraded Baytex Energy from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 24th. Finally, Zacks Research lowered Baytex Energy from a “hold” rating to a “strong sell” rating in a research report on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Institutional Investors Weigh In On Baytex Energy

Large investors have recently bought and sold shares of the business. Virtu Financial LLC bought a new position in Baytex Energy during the 4th quarter valued at about $550,000. Invesco Ltd. lifted its position in Baytex Energy by 10.0% during the fourth quarter. Invesco Ltd. now owns 614,112 shares of the oil and gas producer’s stock valued at $1,984,000 after purchasing an additional 55,675 shares during the period. Mackenzie Financial Corp lifted its position in Baytex Energy by 108.0% during the fourth quarter. Mackenzie Financial Corp now owns 414,917 shares of the oil and gas producer’s stock valued at $1,345,000 after purchasing an additional 215,417 shares during the period. XTX Topco Ltd boosted its holdings in Baytex Energy by 442.9% in the fourth quarter. XTX Topco Ltd now owns 205,115 shares of the oil and gas producer’s stock worth $663,000 after purchasing an additional 167,334 shares during the last quarter. Finally, Tudor Investment Corp ET AL purchased a new stake in Baytex Energy in the fourth quarter worth approximately $162,000. 46.15% of the stock is currently owned by institutional investors.

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.