Baytex Energy Corp. (BTE) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Baytex Energy Corp. (BTE) stock forecast summary
Our AI ranks Baytex Energy Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Baytex Energy Corp. is a mid-cap company with a market capitalization of $4.07B. It ranks number 4 by market capitalization among the 11 Drilling Oil & Gas Wells issuers in our coverage with a current forecast.
For BTE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 39.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 12.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, BTE included.
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How BTE ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Baytex Energy Corp. (BTE) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Drilling Oil & Gas Wells peers listed below that report each metric. Statement values were filed in CAD and are shown converted to USD (flows at the trailing twelve-month average rate, balances at the balance-sheet date rate).
Valuation & Market
| Metric | BTE | Rank |
|---|---|---|
| Market Cap | $4.07B | 4/11 |
| P/E Ratio | 10.58x | 3/6 |
| EPS | $0.50 | – |
| Revenue/Share | $9.22 | – |
Profitability & Margins
| Metric | BTE | Rank |
|---|---|---|
| EBT Margin | 6.0% | 4/10 |
| Tax Rate | 2.1% | – |
Financial Health
| Metric | BTE | Rank |
|---|---|---|
| Current Ratio | 3.61x | 2/11 |
| D/E Ratio | 0.40x | 10/11 |
| Financial Leverage | 1.40x | 10/11 |
| Working Capital | $627M | 3/11 |
Cash Flow
| Metric | BTE | Rank |
|---|---|---|
| Operating Cash Flow | $4.20B | 1/10 |
| OCF Growth YoY | 145.7% | 2/10 |
Operational Efficiency
| Metric | BTE | Rank |
|---|---|---|
| Asset Turnover | 2.94x | 1/9 |
| Receivables Turnover | 72.8x | 1/9 |
| Days Sales Outstanding | 5 days | 9/9 |
Income Statement
| Metric | BTE | Rank |
|---|---|---|
| Total Revenue | $7.06B | 1/9 |
Dividend & Shareholder Information
| Metric | BTE | Rank |
|---|---|---|
| Shares Outstanding | 766M | – |
Balance Sheet Highlights (USD millions, converted from CAD)
| Total Current Assets | $867M | |
| Cash & Short-term Investments | $694M | |
| Accounts Receivable | $99M | |
| Total Liabilities | $697M | |
| Short-term Debt | $68M |
BTE quarterly financials and insider trading
Baytex Energy Corp. (BTE) industry peers
Companies classified under the same SEC industry code as Baytex Energy Corp. (Drilling Oil & Gas Wells): 11 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| BTE Baytex Energy Corp. | ▼ | $4.07B |
| RIG Transocean Ltd. | ▲ | $6.28B |
| VAL Valaris Ltd | ▼ | $5.92B |
| PTEN Patterson Uti Energy Inc | ▼ | $4.39B |
| HP Helmerich & Payne, Inc. | ▼ | $3.74B |
| SDRL Seadrill Ltd | ▼ | $2.96B |
| BORR Borr Drilling Ltd | ▲ | $1.40B |
| HPK Highpeak Energy, Inc. | ▶ | $1.33B |
| NBR Nabors Industries Ltd | ▶ | $1.25B |
| PDS Precision Drilling Corp | ▶ | $1.11B |
| GLND Greenland Energy Co | ▼ | $136M |
Where BTE sits on the market map
Baytex Energy Corp. (BTE) stock news
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Baytex Energy Corp. (BTE) stock forecast FAQ
What is the Baytex Energy Corp. (BTE) stock forecast?
Our AI ranks Baytex Energy Corp. outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Baytex Energy Corp. stock predictions?
For BTE, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 39.0%, measured on 357 forecast dates between 2022-07-29 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 12.0%, measured on 400 forecast dates between 2022-07-29 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Baytex Energy Corp. forecasts updated?
Baytex Energy Corp. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Baytex Energy Corp.'s industry peers?
11 issuers in our coverage, BTE included, share the SEC industry code Drilling Oil & Gas Wells. The largest are: Transocean Ltd. (RIG), Valaris Ltd (VAL), Patterson Uti Energy Inc (PTEN), Helmerich & Payne, Inc. (HP), Seadrill Ltd (SDRL), Borr Drilling Ltd (BORR).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.