BAYTEX ENERGY CORP. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 3.69
Dividend & YieldN/AC$ (N/A)
Beta 3.11
Market capitalization 4B
Operating cash flow 978.54M
ESG Scores unknown

Company description

Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Texas, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its principal oil and natural gas properties comprise the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta. The company's properties also include conventional oil and natural gas assets in Western Canada. As of December 31, 2021, it had proved developed producing reserves of 129 million barrels of oil equivalent (mmboe); proved reserves of 278 mmboe; and proved plus probable reserves of 451 mmboe. Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada.

Sector: Energy - Industry: Oil & Gas E&P

Financial Ratios
Quick Ratio0.54
Working Capital-10.3
Return On Equity0.73
Debt To Equity0.62
Fixed Asset Ratio0.41
Fixed Interest Cover2.44

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities
Total Cashflows From Investing Activities -463.27M -617.51M -314.47M -310.76M
Net Borrowings -21.3M -211.86M -44.2M -401.62M
Total Cash From Financing Activities -22.05M -211.86M -44.2M -401.62M
Change To Operating Activities 39.45M -52.07M 48.76M -26.58M
Issuance Of Stock
Net Income -325.31M -12.46M -2.44B 1.61B
Change In Cash 5.57M 5.57M -5.57M
Effect Of Exchange Rate
Total Cash From Operating Activities 485.32M 834.94M 353.1M 712.38M
Depreciation 876.67M 944.99M 509.37M -1.05B
Change To Account Receivables
Other Cashflows From Financing Activities -755k
Change To Netincome -109.34M -50.25M 2.23B 170.75M
Capital Expenditures -498.23M -556.51M -282.62M -315.77M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax -427.08M -78.92M -2.6B 1.69B
Net Income -325.31M -12.46M -2.44B 1.61B
Selling General Administrative 45.83M 45.47M 34.27M 40.8M
Gross Profit 697.82M 975.23M 403.58M 1.07B
Ebit -200.65M -38.32M -120.19M 1.78B
Operating Income -200.65M -38.32M -120.19M 1.78B
Interest Expense -104.32M -112.15M -113.15M -96.93M
Income Tax Expense -101.77M -66.46M -160.39M 81.24M
Total Revenue 1.12B 1.49B 811.74M 1.53B
Cost Of Revenue 417.29M 510.45M 408.16M 460.95M
Total Other Income ExpenseNet -226.42M -40.6M -2.48B -83.68M
Net Income From Continuing Ops -325.31M -12.46M -2.44B 1.61B
Net Income Applicable To Common Shares -325.31M -12.46M -2.44B 1.61B

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 3.32B 2.97B 2.83B 2.62B
Total Stockholder Equity 3.06B 2.95B 578.21M 2.21B
Other Current Liabilities 1.99M 20.25M 38.61M 145.1M
Total Assets 6.38B 5.91B 3.41B 4.83B
Common Stock 5.7B 5.72B 5.73B 5.74B
Other Current Assets 79.58M 5.43M 5.06M 8.65M
Retained Earnings -3.33B -3.35B -5.78B -4.17B
Treasury Stock 667.87M 556.22M 618.98M 632.1M
Cash 5.57M
Total Current Liabilities 260.1M 233.5M 198.86M 338.73M
Other Stockholder Equity 667.87M 556.22M 618.98M 632.1M
Property, Plant, and Equipment 6.19B 5.73B 3.29B 4.65B
Total Current Assets 191.15M 184.77M 112.53M 182.06M
Net Tangible Assets 3.06B 2.95B 578.21M 2.21B
Net Receivables 111.56M 173.76M 107.48M 173.41M
Accounts Payable 258.11M 207.45M 155.96M 190.69M


Insider Transactions

Here are the insider transactions of stock shares related to BAYTEX ENERGY CORP.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.24 per share.D2022-09-30Issuer164.9k
Baytex EnergyD2022-09-30Issuer3.84M
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.23 per share.D2022-09-29Issuer155k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.23 per share.D2022-09-28Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.06 per share.D2022-09-27Issuer74.6k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.03 per share.D2022-09-26Issuer250k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.36 per share.D2022-09-23Issuer400k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.92 per share.D2022-09-22Issuer225k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.04 per share.D2022-09-21Issuer125k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.97 per share.D2022-09-20Issuer175k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.98 per share.D2022-09-19Issuer170k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.85 per share.D2022-09-16Issuer185k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.00 per share.D2022-09-15Issuer250k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.11 per share.D2022-09-14Issuer175k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.87 per share.D2022-09-13Issuer180k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.96 per share.D2022-09-12Issuer180k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.82 per share.D2022-09-09Issuer75k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.67 per share.D2022-09-08Issuer175k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.69 per share.D2022-09-07Issuer275k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.03 per share.D2022-09-06Issuer175k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.06 per share.D2022-09-02Issuer195.6k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.03 per share.D2022-09-01Issuer220k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.22 per share.D2022-08-31Issuer114.6k
Baytex EnergyD2022-08-31Issuer3.81M
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.27 per share.D2022-08-30Issuer220k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.55 per share.D2022-08-29Issuer140k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.37 per share.D2022-08-26Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.51 per share.D2022-08-25Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.34 per share.D2022-08-24Issuer140k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.35 per share.D2022-08-23Issuer99.6k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.88 per share.D2022-08-22Issuer209.6k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.11 per share.D2022-08-19Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.12 per share.D2022-08-18Issuer130k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.93 per share.D2022-08-17Issuer130k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.98 per share.D2022-08-16Issuer300k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.85 per share.D2022-08-15Issuer225k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.01 per share.D2022-08-12Issuer125k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.93 per share.D2022-08-11Issuer109.8k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.62 per share.D2022-08-10Issuer125k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.65 per share.D2022-08-09Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.54 per share.D2022-08-08Issuer149.9k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.48 per share.D2022-08-05Issuer175k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.47 per share.D2022-08-04Issuer297.2k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.87 per share.D2022-08-03Issuer250k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.04 per share.D2022-08-02Issuer350k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.41 per share.D2022-07-29Issuer108.85k
Baytex EnergyD2022-07-29Issuer4.9M
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.30 per share.D2022-07-28Issuer150k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.12 per share.D2022-07-27Issuer125k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 5.04 per share.D2022-07-26Issuer148.8k
Baytex EnergyRedemption, retraction, cancelation, repurchase at price 4.93 per share.D2022-07-25Issuer50k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to BAYTEX ENERGY CORP.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on BAYTEX ENERGY CORP.

Here is the result of two systematic investment strategies applied to BAYTEX ENERGY CORP.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on BAYTEX ENERGY CORP.

The following chart shows the equity curve of the two systematic investment strategies applied to BAYTEX ENERGY CORP.:

BAYTEX ENERGY CORP. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 443.67% on the backtest period.

Performance at glance

Performance

443.67 %

Latent gain

6659.11 C$

Invested capital

1500.91 C$

Annualized return

107.17 %
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Momentum strategy results on BAYTEX ENERGY CORP.

This is the result of two momentum investment strategies applied to BAYTEX ENERGY CORP.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on BAYTEX ENERGY CORP.

The following chart shows all the entries opened by the momentum investment system on BAYTEX ENERGY CORP.:

BAYTEX ENERGY CORP. momentum entries
  • The first momentum investment strategy would give 422.56% of return on BAYTEX ENERGY CORP.. That represents 15837.42C$ of latent gain with 3747.93C$ of employed capital.
  • The second momentum investment strategy would give 437.44% of return on BAYTEX ENERGY CORP.. That represents 9845.55C$ of latent gain with 2250.72C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

422.56 %

Latent gain

15837.42 C$

Invested capital

3747.93 C$

Annualized return

127.82 %
Performance at glance (2Q Momentum)

Performance

437.44 %

Latent gain

9845.55 C$

Invested capital

2250.72 C$

Annualized return

119.52 %

Momentum equity curve on BAYTEX ENERGY CORP.

The following chart shows the equity curve of the two momentum strategies applied to BAYTEX ENERGY CORP.:

BAYTEX ENERGY CORP. momentum equity

Note: the dividends potentially given by BAYTEX ENERGY CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BAYTEX ENERGY CORP.

The following chart shows the employed capital evolution of the two momentum strategies on BAYTEX ENERGY CORP. since the beginning:

BAYTEX ENERGY CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on BAYTEX ENERGY CORP.

Buy the dip entry openings on BAYTEX ENERGY CORP.

BAYTEX ENERGY CORP.

The performance achieved by the robo-advisor on BAYTEX ENERGY CORP. is 273.54%. That represents 2054.23$ of latent gain with 750.98C$ of employed capital. The following chart shows BAYTEX ENERGY CORP. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of BAYTEX ENERGY CORP., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

273.54 %

Latent gain

2054.23 C$

Invested capital

750.98 C$

Annualized return

127.82 %

Equity curve of the strategy applied to BAYTEX ENERGY CORP.

The following chart shows the result of the investment strategy applied to BAYTEX ENERGY CORP.:

BAYTEX ENERGY CORP.

Note: the dividends potentially given by BAYTEX ENERGY CORP. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on BAYTEX ENERGY CORP.

The following chart shows the employed capital evolution since the beginning of the investment strategy on BAYTEX ENERGY CORP.:

BAYTEX ENERGY CORP.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on BAYTEX ENERGY CORP.

In this section, I will compare the three previous investment strategies applied to BAYTEX ENERGY CORP..

Equity curve comparison on BAYTEX ENERGY CORP.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

BAYTEX ENERGY CORP. investment strategy comparison

Employed capital comparison on BAYTEX ENERGY CORP.

BAYTEX ENERGY CORP. investment comparison

Performance comparison on BAYTEX ENERGY CORP.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 443.67% 6659.11C$ 1500.91C$ 107.17%
Momentum 1 quarter 422.56% 15837.42C$ 3747.93C$ 108.35%
Momentum 2 quarters 437.44% 9845.55C$ 2250.72C$ 119.52%
Non-directional 273.54% 2054.23C$ 750.98C$ 127.82%
Annualized return comparison

Automatic investment

107.17 %

Momentum 1Q

119.52 %

Momentum 2Q

119.52 %

Non-directional

127.82 %

Correlated stocks

Here are the most positively and negatively correlated stocks with BAYTEX ENERGY CORP.:

Positive correlations

Most correlated stocks this year

  • BAYTEX ENERGY CORP.

  • Most correlated stocks last 3 months

  • MEG ENERGY CORP.
  • TAMARACK VALLEY ENERGY LTD
  • LTC Properties Inc
  • BAYTEX ENERGY CORP.

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between BAYTEX ENERGY CORP. and the other stocks. There may be false positives or some missing correlated stocks. If the price of BAYTEX ENERGY CORP. does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name BAYTEX ENERGY CORP.
    Country Canada
    City Calgary
    Address Centennial Place, East Tower
    Phone
    Website www.baytexenergy.com
    FullTime employees
    Industry Oil & Gas E&P
    Sector Energy
    Exchange XTSE
    Ticker BTE.XTSE
    Market

    BAYTEX ENERGY CORP. ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown