Baytex Energy (BTE) Competitors

C$4.85
-0.01 (-0.21%)
(As of 10:03 AM ET)

BTE vs. POU, PEY, ERF, ATH, NVA, VET, PXT, WCP, FRU, and IPCO

Should you be buying Baytex Energy stock or one of its competitors? The main competitors of Baytex Energy include Paramount Resources (POU), Peyto Exploration & Development (PEY), Enerplus (ERF), Athabasca Oil (ATH), NuVista Energy (NVA), Vermilion Energy (VET), Parex Resources (PXT), Whitecap Resources (WCP), Freehold Royalties (FRU), and International Petroleum (IPCO). These companies are all part of the "oil & gas e&p" industry.

Baytex Energy vs.

Baytex Energy (TSE:BTE) and Paramount Resources (TSE:POU) are both mid-cap energy companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, media sentiment, institutional ownership, community ranking and earnings.

In the previous week, Paramount Resources had 6 more articles in the media than Baytex Energy. MarketBeat recorded 7 mentions for Paramount Resources and 1 mentions for Baytex Energy. Paramount Resources' average media sentiment score of 0.60 beat Baytex Energy's score of 0.12 indicating that Paramount Resources is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Baytex Energy
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Paramount Resources
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paramount Resources has lower revenue, but higher earnings than Baytex Energy. Baytex Energy is trading at a lower price-to-earnings ratio than Paramount Resources, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Baytex EnergyC$2.71B1.47-C$233.36M-C$0.33-14.73
Paramount ResourcesC$1.80B2.57C$470.20MC$3.1710.09

Baytex Energy pays an annual dividend of C$0.09 per share and has a dividend yield of 1.9%. Paramount Resources pays an annual dividend of C$1.50 per share and has a dividend yield of 4.7%. Baytex Energy pays out -27.3% of its earnings in the form of a dividend. Paramount Resources pays out 47.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Baytex Energy currently has a consensus price target of C$6.53, indicating a potential upside of 34.26%. Paramount Resources has a consensus price target of C$34.95, indicating a potential upside of 9.29%. Given Baytex Energy's higher possible upside, equities research analysts clearly believe Baytex Energy is more favorable than Paramount Resources.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Baytex Energy
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
Paramount Resources
0 Sell rating(s)
3 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.70

Paramount Resources has a net margin of 26.13% compared to Baytex Energy's net margin of -8.60%. Paramount Resources' return on equity of 13.67% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Baytex Energy-8.60% -6.81% -2.14%
Paramount Resources 26.13%13.67%6.77%

37.0% of Baytex Energy shares are owned by institutional investors. Comparatively, 12.7% of Paramount Resources shares are owned by institutional investors. 0.7% of Baytex Energy shares are owned by insiders. Comparatively, 45.8% of Paramount Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Baytex Energy has a beta of 2.78, suggesting that its stock price is 178% more volatile than the S&P 500. Comparatively, Paramount Resources has a beta of 3.23, suggesting that its stock price is 223% more volatile than the S&P 500.

Baytex Energy received 110 more outperform votes than Paramount Resources when rated by MarketBeat users. Likewise, 57.13% of users gave Baytex Energy an outperform vote while only 52.50% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Baytex EnergyOutperform Votes
509
57.13%
Underperform Votes
382
42.87%
Paramount ResourcesOutperform Votes
399
52.50%
Underperform Votes
361
47.50%

Summary

Paramount Resources beats Baytex Energy on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTE vs. The Competition

MetricBaytex EnergyOil & Gas E&P IndustryEnergy SectorTSE Exchange
Market CapC$3.99BC$1.70BC$3.98BC$5.31B
Dividend Yield1.70%8.28%7.37%5.51%
P/E Ratio-14.73100.5897.1623.36
Price / Sales1.4727,157.4219,569.501,655.81
Price / Cash726.2581.2165.4079.19
Price / Book1.041.321.453.08
Net Income-C$233.36MC$155.51MC$494.90MC$298.30M
7 Day Performance-9.33%-1.41%-1.22%-0.60%
1 Month Performance-10.17%0.52%-0.03%-1.36%
1 Year Performance6.11%13.47%20.92%21.23%

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POU
Paramount Resources
3.4449 of 5 stars
C$31.20
-3.2%
C$34.95
+12.0%
+5.3%C$4.51BC$1.80B9.84579Dividend Increase
News Coverage
Gap Up
PEY
Peyto Exploration & Development
1.5418 of 5 stars
C$15.39
-2.7%
C$16.27
+5.7%
+27.7%C$2.98BC$945.51M9.5053Upcoming Earnings
ERF
Enerplus
1.9251 of 5 stars
C$26.93
-3.3%
C$24.36
-9.6%
+38.8%C$5.47BC$1.53B9.48404
ATH
Athabasca Oil
2.3915 of 5 stars
C$4.80
-3.6%
C$6.07
+26.5%
+57.4%C$2.72BC$1.20B-53.33170Upcoming Earnings
Analyst Report
NVA
NuVista Energy
4.082 of 5 stars
C$12.44
-3.5%
C$15.03
+20.8%
+14.0%C$2.58BC$1.26B7.5488Positive News
VET
Vermilion Energy
2.9506 of 5 stars
C$15.86
-4.5%
C$21.54
+35.8%
+1.1%C$2.57BC$1.83B-10.94740Dividend Announcement
News Coverage
Gap Up
PXT
Parex Resources
4.095 of 5 stars
C$24.00
-1.6%
C$30.20
+25.8%
-12.2%C$2.48BC$1.17B4.06449Upcoming Earnings
Positive News
WCP
Whitecap Resources
4.1993 of 5 stars
C$10.44
-1.9%
C$13.56
+29.9%
+0.3%C$6.24BC$3.23B7.15542
FRU
Freehold Royalties
2.5636 of 5 stars
C$14.17
-2.1%
C$17.75
+25.3%
+0.1%C$2.14BC$314.58M16.10N/AUpcoming Earnings
IPCO
International Petroleum
0 of 5 stars
C$17.02
-5.3%
C$18.25
+7.2%
+40.6%C$2.13BC$853.91M9.78N/AUpcoming Earnings
Gap Down

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This page (TSE:BTE) was last updated on 5/3/2024 by MarketBeat.com Staff

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