Baytex Energy (BTE) Competitors

C$4.75
+0.06 (+1.28%)
(As of 05/17/2024 ET)

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

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), Athabasca Oil (ATH), NuVista Energy (NVA), Vermilion Energy (VET), Parex Resources (PXT), International Petroleum (IPCO), Freehold Royalties (FRU), Enerplus (ERF), and Headwater Exploration (HWX). 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 investment? We will contrast the two businesses based on the strength of their risk, analyst recommendations, profitability, dividends, valuation, institutional ownership, media sentiment, community ranking and earnings.

36.7% of Baytex Energy shares are owned by institutional investors. Comparatively, 9.3% of Paramount Resources shares are owned by institutional investors. 0.8% of Baytex Energy shares are owned by insiders. Comparatively, 45.6% of Paramount Resources shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

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$3.03B1.29-C$298.84M-C$0.44-10.80
Paramount ResourcesC$1.71B2.76C$341.30MC$2.3014.02

In the previous week, Baytex Energy had 12 more articles in the media than Paramount Resources. MarketBeat recorded 15 mentions for Baytex Energy and 3 mentions for Paramount Resources. Baytex Energy's average media sentiment score of 1.16 beat Paramount Resources' score of 0.29 indicating that Baytex Energy is being referred to more favorably in the media.

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

Baytex Energy received 109 more outperform votes than Paramount Resources when rated by MarketBeat users. Likewise, 57.11% of users gave Baytex Energy an outperform vote while only 52.49% of users gave Paramount Resources an outperform vote.

CompanyUnderperformOutperform
Baytex EnergyOutperform Votes
510
57.11%
Underperform Votes
383
42.89%
Paramount ResourcesOutperform Votes
401
52.49%
Underperform Votes
363
47.51%

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$1.80 per share and has a dividend yield of 5.6%. Baytex Energy pays out -20.5% of its earnings in the form of a dividend. Paramount Resources pays out 78.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Baytex Energy has a beta of 2.78, suggesting that its share price is 178% more volatile than the S&P 500. Comparatively, Paramount Resources has a beta of 3.19, suggesting that its share price is 219% more volatile than the S&P 500.

Baytex Energy currently has a consensus target price of C$6.48, indicating a potential upside of 36.32%. Paramount Resources has a consensus target price of C$35.80, indicating a potential upside of 11.01%. Given Baytex Energy's higher probable upside, equities 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 19.97% compared to Baytex Energy's net margin of -9.88%. Paramount Resources' return on equity of 9.92% beat Baytex Energy's return on equity.

Company Net Margins Return on Equity Return on Assets
Baytex Energy-9.88% -8.56% -1.97%
Paramount Resources 19.97%9.92%6.02%

Summary

Paramount Resources beats Baytex Energy on 12 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$3.90BC$1.66BC$4.11BC$5.48B
Dividend Yield1.91%7.84%7.12%5.53%
P/E Ratio-10.80280.18206.0123.40
Price / Sales1.2928,157.7820,307.072,193.02
Price / Cash726.2585.5768.2279.97
Price / Book1.001.711.733.22
Net Income-C$298.84MC$130.15MC$442.32MC$291.35M
7 Day Performance0.64%0.21%0.42%1.54%
1 Month Performance-5.00%0.83%1.31%3.93%
1 Year Performance2.81%11.18%20.90%26.53%

Baytex Energy Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
POU
Paramount Resources
3.9764 of 5 stars
C$32.01
-0.5%
C$35.80
+11.8%
+7.7%C$4.68BC$1.71B13.92579Ex-Dividend
PEY
Peyto Exploration & Development
1.6194 of 5 stars
C$15.22
+0.3%
C$16.27
+6.9%
+37.4%C$2.96BC$945.51M9.4053Analyst Forecast
News Coverage
ATH
Athabasca Oil
3.3301 of 5 stars
C$4.84
+0.4%
C$6.14
+26.9%
+68.2%C$2.74BC$1.20B-53.78170
NVA
NuVista Energy
3.8834 of 5 stars
C$12.77
flat
C$15.03
+17.7%
+12.5%C$2.63BC$1.26B8.7588Insider Selling
News Coverage
VET
Vermilion Energy
3.3432 of 5 stars
C$16.37
+1.2%
C$21.71
+32.6%
+4.8%C$2.62BC$1.80B-4.33740Analyst Forecast
Insider Selling
News Coverage
PXT
Parex Resources
3.4377 of 5 stars
C$23.78
-1.2%
C$30.20
+27.0%
-16.1%C$2.43BC$1.18B4.40449
IPCO
International Petroleum
0 of 5 stars
C$18.94
+0.2%
C$18.25
-3.6%
+53.2%C$2.37BC$867.72M10.95N/A
FRU
Freehold Royalties
3.2995 of 5 stars
C$13.73
-0.4%
C$17.55
+27.8%
-4.8%C$2.07BC$312.28M15.26N/AInsider Buying
News Coverage
Positive News
ERF
Enerplus
1.7544 of 5 stars
C$27.56
+0.6%
C$24.36
-11.6%
+39.3%C$5.63BC$1.48B11.20404Analyst Revision
News Coverage
Positive News
HWX
Headwater Exploration
3.9203 of 5 stars
C$7.62
-1.6%
C$9.46
+24.2%
+22.2%C$1.81BC$439.89M11.5535Positive News

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This page (TSE:BTE) was last updated on 5/19/2024 by MarketBeat.com Staff

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