The price/operating cash flow metric for Baytex Energy Corp is higher than merely 3.67% of stocks in our set with a positive cash flow.
Of note is the ratio of Baytex Energy Corp's sales and general administrative expense to its total operating expenses; merely 2.53% of US stocks have a lower such ratio.
Baytex Energy Corp's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 46.39%, greater than the shareholder yield of 94.36% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Baytex Energy Corp are CPG, SGU, RRC, HTLD, and PHX.
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:
Below please find a table outlining a discounted cash flow forecast for BTE, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Baytex Energy Corp ranked in the 34th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. As for the metrics that stood out in our discounted cash flow analysis of Baytex Energy Corp, consider:
The company's debt burden, as measured by earnings divided by interest payments, is -23.49; that's higher than only 13.45% of US stocks in the Energy sector that have positive free cash flow.
The company's compound free cash flow growth rate over the past 5.69 years comes in at -0.18%; that's greater than merely 8.6% of US stocks we're applying DCF forecasting to.
17% of the company's capital comes from equity, which is greater than merely 5.37% of stocks in our cash flow based forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as BTE, try TAT, RDS.A, CNX, NEX, and NGS.
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...