Reviewing Baytex Energy (BTEGF) & The Competition

Baytex Energy (OTCMKTS:BTEGF) is one of 1,051 publicly-traded companies in the “Oil, Gas & Consumable Fuels” industry, but how does it weigh in compared to its competitors? We will compare Baytex Energy to related businesses based on the strength of its institutional ownership, earnings, dividends, valuation, profitability, analyst recommendations and risk.

Valuation and Earnings

This table compares Baytex Energy and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Baytex Energy	$2.79 billion	$1.29 billion	2.90
Baytex Energy Competitors	$10.92 billion	$5.51 billion	-1.07

Baytex Energy’s competitors have higher revenue and earnings than Baytex Energy. Baytex Energy is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Profitability

This table compares Baytex Energy and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Baytex Energy	38.28%	40.85%	20.18%
Baytex Energy Competitors	-455.75%	19.43%	6.71%

Institutional and Insider Ownership

30.8% of shares of all “Oil, Gas & Consumable Fuels” companies are held by institutional investors. 0.8% of Baytex Energy shares are held by company insiders. Comparatively, 15.3% of shares of all “Oil, Gas & Consumable Fuels” companies are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Analyst Recommendations

This is a summary of current recommendations and price targets for Baytex Energy and its competitors, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Baytex Energy	0	1	1	0	2.50
Baytex Energy Competitors	6007	27072	40971	2431	2.52

As a group, “Oil, Gas & Consumable Fuels” companies have a potential upside of 26.66%. Given Baytex Energy’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Baytex Energy has less favorable growth aspects than its competitors.

Risk & Volatility

Baytex Energy has a beta of 2.16, suggesting that its share price is 116% more volatile than the S&P 500. Comparatively, Baytex Energy’s competitors have a beta of -3.76, suggesting that their average share price is 476% less volatile than the S&P 500.

Summary

Baytex Energy competitors beat Baytex Energy on 8 of the 13 factors compared.

Baytex Energy Company Profile

Baytex Energy Corp. is a Canadian oil and natural gas company focused on acquiring, developing and producing petroleum and natural gas resources. Its products include crude oil—both heavy and light grades—and natural gas. The company’s operations are centered in the Western Canadian Sedimentary Basin, with assets in Alberta and Saskatchewan. Baytex has also operated in the Eagle Ford region of Texas, expanding its U.S. presence through its 2023 acquisition of Ranger Oil; it later agreed to sell its Eagle Ford assets.