Atb Cap Markets Forecasts Weaker Earnings for Baytex Energy

Baytex Energy Corp. (TSE:BTE) (NYSE:BTE) – Equities researchers at Atb Cap Markets lowered their Q2 2025 earnings per share (EPS) estimates for shares of Baytex Energy in a research report issued on Wednesday, March 5th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.13 per share for the quarter, down from their prior forecast of $0.17. Atb Cap Markets has a “Hold” rating on the stock. The consensus estimate for Baytex Energy’s current full-year earnings is $0.37 per share. Atb Cap Markets also issued estimates for Baytex Energy’s Q3 2025 earnings at $0.12 EPS, Q4 2025 earnings at $0.11 EPS and FY2026 earnings at $0.19 EPS.

Several other equities analysts have also recently issued reports on the company. Royal Bank of Canada reduced their target price on Baytex Energy from C$5.50 to C$5.00 in a research note on Tuesday, January 14th. ATB Capital reduced their target price on Baytex Energy from C$5.50 to C$5.20 in a research note on Wednesday, December 4th. CIBC reduced their target price on Baytex Energy from C$6.00 to C$5.00 in a research note on Friday, January 17th. BMO Capital Markets reduced their price target on Baytex Energy from C$5.00 to C$4.00 in a research note on Wednesday. Finally, TD Securities reduced their price target on Baytex Energy from C$5.50 to C$5.00 in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, Baytex Energy currently has a consensus rating of “Hold” and a consensus target price of C$5.59.

Baytex Energy Price Performance

BTE opened at C$2.92 on Friday. The company has a debt-to-equity ratio of 57.38, a quick ratio of 0.77 and a current ratio of 0.69. Baytex Energy has a 52-week low of C$2.74 and a 52-week high of C$5.55. The stock has a market capitalization of C$2.31 billion, a PE ratio of -6.65, a price-to-earnings-growth ratio of 0.12 and a beta of 2.61. The stock’s 50 day moving average price is C$3.55 and its 200-day moving average price is C$3.94.

Insider Buying and Selling at Baytex Energy

In related news, Senior Officer Nicole Marie Frechette acquired 8,200 shares of the stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of C$3.67 per share, with a total value of C$30,094.00. 0.83% of the stock is currently owned by company insiders.

Baytex Energy Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 2nd. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.023 per share. This represents a $0.09 annualized dividend and a yield of 3.15%. The ex-dividend date was Friday, December 13th. Baytex Energy’s dividend payout ratio is presently -20.48%.

About Baytex Energy

Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.