Baytex Energy (BTE) Projected to Release Earnings on Thursday

Baytex Energy (NYSE:BTE) (TSE:BTE) will likely be posting its Q3 2026 results after the market closes on Thursday, November 5th. Analysts expect the company to announce earnings of $0.13 per share and revenue of $309.71 million for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Friday, November 6, 2026 at 12:00 PM ET.

Baytex Energy (NYSE:BTE) (TSE:BTE) last released its quarterly earnings results on Thursday, July 30th. The oil and gas producer reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.09. Baytex Energy had a negative return on equity of 7.77% and a negative net margin of 26.43%. The company had revenue of $449.32 million for the quarter, compared to analysts’ expectations of $218.10 million. On average, analysts expect Baytex Energy to post $0.42 EPS for the current fiscal year and $0.64 EPS for the next fiscal year.

Baytex Energy Stock Performance

Baytex Energy stock opened at $5.46 on Thursday. The business has a 50 day moving average of $4.91 and a 200-day moving average of $4.37. Baytex Energy has a 1 year low of $2.23 and a 1 year high of $5.61. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.82 and a quick ratio of 2.79. The company has a market capitalization of $3.77 billion, a P/E ratio of -8.16 and a beta of 0.40.

Analysts Set New Price Targets

BTE has been the topic of several recent research reports. Wall Street Zen upgraded shares of Baytex Energy from a “hold” rating to a “buy” rating in a research report on Saturday, October 17th. TD Securities restated a “hold” rating on shares of Baytex Energy in a research report on Monday, August 3rd. Canadian Imperial Bank of Commerce restated a “neutral” rating on shares of Baytex Energy in a research report on Friday, October 9th. Weiss Ratings raised shares of Baytex Energy from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, October 23rd. Finally, Scotiabank reiterated an “outperform” rating on shares of Baytex Energy in a report on Monday, October 19th. Three analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

About Baytex Energy

Baytex Energy Corp. is a Canadian oil and natural gas exploration and production company headquartered in Calgary, Alberta. The company develops and produces crude oil, condensate, natural gas liquids and natural gas.

Baytex’s operations are focused on the Western Canadian Sedimentary Basin in Alberta and Saskatchewan and the Eagle Ford shale in South Texas. Its portfolio includes light oil, heavy oil and natural gas assets, with production sold into North American energy markets.

Founded in 1993, Baytex became a publicly traded corporation in 2010 after operating as an income trust.