(BTE) Baytex Energy - Ratings and Ratios

Baytex Energy Corp (NYSE:BTE) is a Canada-based energy producer focusing on the acquisition, development, and production of crude oil and natural gas. The company operates primarily in the Western Canadian Sedimentary Basin (WCSB) and the Eagle Ford Shale in Texas, USA. Its portfolio includes light oil, condensate, heavy oil, natural gas liquids, and natural gas. Key assets include the Viking and Lloydminster properties in Alberta and Saskatchewan, the Peace River and Duvernay properties in Alberta, and the Eagle Ford property in Texas. Established in 1993, Baytex is headquartered in Calgary, Alberta.

As of the latest data, Baytex Energy Corp has a market capitalization of $1.90B USD, with a price-to-earnings ratio of 7.33 and a forward P/E of 6.25. The companys price-to-book ratio stands at 0.41, indicating a potential undervaluation relative to its book value. The trailing 20-day average volume is 37,415,111 shares, with a last price of $1.64. The stocks 20-day, 50-day, and 200-day moving averages are $1.64, $1.95, and $2.68, respectively, with an average true range (ATR) of 0.14.

3-Month Forecast: Based on the provided data, Baytex Energy Corps stock price may face downward pressure in the near term, as the SMA 20 and SMA 50 are below the SMA 200, indicating a bearish trend. The ATR of 0.14 suggests reduced volatility, potentially leading to a narrower trading range. With a forward P/E of 6.25 and a P/B of 0.41, the stock may attract value investors seeking undervalued assets in the energy sector. However, the companys performance will remain sensitive to oil and gas prices, production costs, and operational efficiency in its key regions.