Baytex Energy sold its Eagle Ford acreage at a loss. The transaction, along with deleveraging, has been well received by the market. Advances in heavy oil technology have made BTE's Clearwater basin operations notably profitable even (possibly) during downturns.
Baytex (BTE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
MMS, VIRT and BTE made it to the Zacks Rank #1 (Strong Buy) value stocks list on December 31, 2025.
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Eric Thomas Greager CEO | XBER Exchange | CA07317Q1054 ISIN |
| CA Country | 370 Employees | 15 Dec 2025 Last Dividend | - Last Split | - IPO Date |
Baytex Energy Corp. is a prominent energy company focused on the acquisition, development, and production of crude oil and natural gas. Founded in 1993, the company has established a significant presence in the Western Canadian Sedimentary Basin and the Eagle Ford region in the United States. Baytex Energy Corp. operates with a commitment to energy development that prioritizes efficiency and sustainability, underpinning its operations in key areas including Texas, Alberta, and Saskatchewan. The corporate headquarters are based in Calgary, Canada, reflecting the company's strong ties and operational focus in the North American energy sector.