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BTE

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1d
1w
1m

Analysis and statistics

  • Open
    2.8469$
  • Previous Close
    2.9522$
  • 52 Week Change
    3.03$
  • Day Range
    -0.11$
  • 52 Week High/Low
    1.8959$ - 4.9277$
  • Dividend Per Share
    0.033
  • Market cap
    2 159 M$
  • EPS
    0.2
  • Beta
    1.814
  • Volume
    --

About

BTE.TO represents Baytex Energy Corp, a Canadian oil and gas company focused on the development and production of crude oil and natural gas in Western Canada and the Eagle Ford shale in the United States. The company's operations are primarily concentrated in the heavy oil and light oil sectors, and it is listed on the Toronto Stock Exchange (TSX) under the ticker symbol BTE. Baytex's financial performance is closely tied to commodity prices, particularly crude oil benchmarks such as West Texas Intermediate (WTI) and Western Canadian Select (WCS). Investors in BTE.TO are exposed to the volatility of the energy market and the specific operational risks associated with oil and gas exploration and production.
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Factors

Oil Prices: Higher oil prices generally increase BTE.TO's profitability, driving up its stock price. Conversely, lower oil prices can negatively impact profitability and lower the stock price. Production Levels: An increase in BTE's oil and gas production demonstrates operational efficiency and can positively influence investor confidence and the stock price. Decreased production may signal operational difficulties. Operating Costs: Efficiently managed operating costs lead to higher profits, which can be attractive to investors. High operating costs can negatively affect profitability and decrease the stock price. Debt Levels: High debt levels increase financial risk. A company with manageable debt is viewed more favorably than one with high debt, therefore, affects the price of BTE.TO. Geopolitical Events: Global events, like political instability or changes in regulations, can impact oil supply and demand, influencing oil prices and subsequently affecting BTE.TO's stock price.

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