Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Baytex Energy Corp. (NYSE:BTE ) Q2 2025 Earnings Conference Call August 1, 2025 11:00 AM ET Company Participants Brian G. Ector - Senior VP of Capital Markets & Investor Relations Chad E.
Baytex Energy (BTE) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.09 per share a year ago.
Baytex is now projected to generate US$166 million in free cash flow in 2025 at current strip. It trimmed its capex budget by 4% in response to weak oil prices. More reductions would be expected for 2026 if oil prices remain low, although it should be able to generate a slight amount of FCF while maintaining production at high-$50s oil.
Baytex Energy is prioritizing debt repayment. The company's U.S. production, particularly in the Eagle Ford, is being cut back due to trade war threats and potential recession impacts. Mr. Market focus remains on the uncertain future and weakening oil prices.
Baytex Energy Corp. (NYSE:BTE ) Q1 2025 Results Conference Call May 6, 2025 11:00 AM ET Company Participants Brian Ector - SVP, Capital Markets and IR Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Conference Call Participants Menno Hulshof - TD Cowen Dennis Fong - CIBC World Markets Greg Pardy - RBC Capital Markets Operator Thank you for standing by. This is the conference operator.
Baytex Energy (BTE) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to loss of $0.01 per share a year ago.
I believe Baytex is undervalued, trading at just 1.3x forward cash flow and 60% of book value, with no goodwill on the books. I believe the company's 60% US-based production limits the impact of the new 10% Canadian energy import tariffs. That said, I'm concerned by a 33% qoq drop in institutional ownership last quarter, despite strong fundamentals and margin improvements.
Baytex Energy Corp. (NYSE:BTE ) Q4 2024 Earnings Conference Call March 5, 2025 11:00 AM ET Company Participants Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Brian Ector - SVP, Capital Markets and IR Conference Call Participants Menno Hulshof - TD Securities Rob Mann - RBC Capital Markets Operator Thank you for standing by. This is the conference operator.
Baytex Energy (BTE) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of $0.12. This compares to earnings of $0.18 per share a year ago.
Baytex Energy Corp. plans no production growth for fiscal year 2025. The return on Clearwater wells has declined because the company is using lower commodity prices for this budget. Technological advances may drive 0-4% production growth, depending on cost progress and production improvements.