Baytex Energy Corp. (BTEGF)
Baytex Energy Corp. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Calgary, AB, CA. The stock last traded at $4.05, up 0.00% on the session, giving a market capitalisation of $2.25B. On trailing twelve-month figures it carries a trailing P/E of -6.62, a net margin of -195.9%. Its beta of 2.91 implies it has historically moved more than the broad market.
Baytex Energy Corp., founded in 1993 and headquartered in Calgary, Canada, is an energy firm specializing in the acquisition, development, and extraction of oil and natural gas. Its operational footprint spans the Western Canadian Sedimentary Basin and the state of Texas in the United States. The company's diverse product portfolio includes light oil, condensate, heavy oil, natural gas liquids, and natural gas. Significant properties in its asset base include the Eagle Ford formation in Texas, along with the Viking, Lloydminster, Peace River, and Duvernay regions located across Alberta and Saskatchewan. Additionally, Baytex holds various conventional oil and gas assets throughout Western Canada. As of December 31, 2021, the company reported substantial reserves, with 129 million barrels of oil equivalent (mmboe) classified as proved developed producing, 278 mmboe in total proved reserves, and a comprehensive 451 mmboe in proved plus probable resources.
Baytex Energy Corp. is most often compared with the following Energy names: