Baytex Energy Corp. is a Calgary-based energy company focused on the acquisition, development, and production of crude oil and natural gas. The company’s current portfolio is centered on upstream operations in the Western Canadian Sedimentary Basin, with core assets in Alberta and Saskatchewan that include light oil, heavy oil, natural gas liquids, and natural gas production. Baytex Energy Corp. serves wholesale energy markets by supplying hydrocarbons to refiners, marketers, and other industry counterparties, making it an important producer within the North American energy value chain. Its business is organized around resource development, field operations, and portfolio management, with an emphasis on oil-weighted assets and disciplined capital allocation. Founded in 1993, Baytex Energy Corp. remains a focused exploration and production company with a significant role in Canada’s oil and gas sector.
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$892M
▼ -60.0% YoY
Net Income (TTM)
-C$717M
▼ -355.2% YoY
Op. Margin
20.95%
▼ -4.9pp YoY
ROIC
3.99%
▼ -5.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$264M
▼ -65.1% YoY
Op. Cash Flow (TTM)
C$1.05B
▼ -16.1% YoY
Net Debt
-C$835M
Net Cash Position
Cash & Equiv.
C$953M
3Y CAGR: -16.5%
3Y CAGR: -31.6%
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Peers
Oil & Gas E&P · Pick stocks to compare with BTE
Held by ETFs
BTE is in 27 US ETFs. The largest of them, with BTE's weight in each:
State Street SPDR Portfolio Developed World ex-US ETFSPDW0.02%of the fund
iShares Core MSCI International Developed Markets ETFIDEV0.02%of the fund
Avantis International Small Cap Value ETFAVDV0.37%of the fund
Dimensional International Core Equity Market ETFDFAI0.02%of the fund
Baytex Energy (BTE) in four numbers
Questions about Baytex Energy
Is Baytex Energy (BTE) overvalued?
At C$7.52, Baytex Energy's price is 62% above the C$4.63 a share fair value that Intrinsiqq's calculator gets from its free cash flow. It trades at 20.71 times free cash flow. The growth behind that figure is yours to set on the Intrinsic Value tab. See how to tell if a stock is overvalued.
What is Baytex Energy's fair value?
Intrinsiqq's calculator puts Baytex Energy's fair value at C$4.63 a share. It grows free cash flow per share 0% a year for 5 years, applies an exit P/FCF of 20, and works back at a 10% yearly return. A 25% margin of safety gives a buy-below price of C$3.47. Every input can be changed on the Intrinsic Value tab.
Is Baytex Energy a high-quality business?
Baytex Energy scores 32 out of 100 on Intrinsiqq's quality score, which makes it a lower-quality business on these measures. The score blends 7 checks computed from company filings. Its best check is share count change at -10.5%, and its weakest is return on capital at 4.0%. The Quality tab shows every check against its target.
Does Baytex Energy (BTE) pay a dividend, and how much?
Yes. Baytex Energy (BTE) pays a dividend: C$0.03 per share over the last twelve months, a dividend yield of 0.43% at the latest close. Its dividend per share has shrunk at 30.3% a year over the last 2 years. The Dividends tab has the full payment history and the safety score.
Source: company filings. Price: last close 30 Oct 2026. How this is calculated. Sector medians are approximate S&P 500 benchmarks and update periodically. Analysis, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
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