BTE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 0 -- higher than merely 0.08% of US-listed equities with positive expected earnings growth.
Of note is the ratio of Baytex Energy Corp's sales and general administrative expense to its total operating expenses; just 2.36% of US stocks have a lower such ratio.
Over the past twelve months, BTE has reported earnings growth of -6,325.29%, putting it ahead of merely 0.16% of US stocks in our set.
If you're looking for stocks that are quantitatively similar to Baytex Energy Corp, a group of peers worth examining would be MD, CARS, TRGP, SD, and UAMY.
Baytex Energy Trust engages in the acquisition, development, exploitation, and production of oil and natural gas in the Western Canadian Sedimentary Basin and the United States. The company was founded in 1993 and is based in Calgary, Canada.
BTE Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Baytex Energy Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Baytex Energy Corp ranked in the 32th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 43.5%. As for the metrics that stood out in our discounted cash flow analysis of Baytex Energy Corp, consider:
Interest coverage, a measure of earnings relative to interest payments, is -22.47; that's higher than just 11.37% of US stocks in the Energy sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.42 years, is -0.21% -- higher than only 7.28% of stocks in our DCF forecasting set.
12% of the company's capital comes from equity, which is greater than merely 5.06% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
FET, VLO, PARR, MMP, and NOV can be thought of as valuation peers to BTE, in the sense that they are in the Energy sector and have a similar price forecast based on DCF valuation.
Armed with a strong asset base and operations, Baytex Energy stock is slowly making its way back from the dark days of the coronavirus. The post Remember Baytex Energy (TSX:BTE) Stock? Here’s Why it’s Skyrocketing Higher! appeared first on The Motley Fool Canada .
Introduction My experience with sub $1.00 micro, micro caps hasn't been great. I'm zero for three in that category. There is a lure in them because they are cheap in terms of absolute dollars, you can buy a starter position in the company for the price of a weedeater and...
CALGARY, Alberta, July 23, 2020 (GLOBE NEWSWIRE) -- Baytex Energy Corp. (TSX, NYSE: BTE) will release its 2020 second quarter financial and operating results after the close of markets on Wednesday July 29, 2020. A conference call and webcast will be held on Thursday July 30, 2020 discuss the results.Conference Call Details: Date:Thursday July 30, 2020 Time:9:00 a.m. MDT (11:00 a.m. EDT) Dial-in:1-416-915-3239 (Toronto Local and International) 1-800-319-4610 (North America Toll-Free) Webcast:http://services.choruscall.ca/links/baytexq220200730.html An archived recording of the conference call will be available shortly after the event by accessing the webcast link above. The conference call will also be archived on the Baytex website at www.baytexenergy.com.Bay...