Baytex Energy Corp. (OTCMKTS:BTEGF – Get Free Report) was down 3.4% on Wednesday . The company traded as low as $4.2125 and last traded at $4.23. Approximately 17,154,166 shares changed hands during trading, an increase of 6,775% from the average session volume of 249,520 shares. The stock had previously closed at $4.38.
Baytex Energy Stock Performance
The stock has a market cap of $2.26 billion, a price-to-earnings ratio of 2.82 and a beta of 2.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.81. The company’s 50 day simple moving average is $4.30 and its 200 day simple moving average is $4.20.
About Baytex Energy
Baytex Energy is a Canadian energy company engaged in the exploration, development and production of oil and natural gas resources. Headquartered in Calgary, Alberta, the company focuses primarily on developing heavy oil assets in Canada, complemented by light oil and condensate-rich natural gas production in the United States. Baytex operates key oil sands and conventional heavy oil projects in Western Canada’s Peace River and Lloydminster regions, as well as Eagle Ford Shale assets in Texas.
Since its incorporation in 1993, Baytex has expanded its portfolio through strategic acquisitions and organic growth initiatives.
Featured Articles
- Five stocks we like better than Baytex Energy
- Datadog’s Drop Says More About Expectations Than Earnings
- D-Wave’s Quantum Breakthrough Couldn’t Save QBTS From a Sell-Off
- Cloudflare’s Beat-and-Raise Quarter Puts Its AI Edge Story in Focus
- Solventum Nears Inflection Point As It Begins to Unlock Value
Receive News & Ratings for Baytex Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baytex Energy and related companies with MarketBeat.com's FREE daily email newsletter.
