# Baytex Energy share price today (Baytex Energy Corp., BTE)

> Baytex Energy Corp.'s share price has risen faster than its earnings: +97.5% in a year, against −366.6% for earnings per share. BTE · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/bte

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: $4.78 (+97.5% in a year)
- P/E: 12.5× (higher than 89% of the last 4.6 years)
- Revenue (Jun 2026): $550 M (+51.3% on a year ago)
- Profit (Jun 2026): $175 M (+15.4% on a year ago)
- Operating margin: 40.8% (+21.4 points on a year ago)
- ROE: −25%, FY25
- ROIC: 4.7%, against a 10.9% cost of capital: −6.2 points

The main question: the share price moved +97.5% in a year while yearly earnings per share moved −366.6%. The difference came from the market paying a higher multiple. ## What is the Baytex Energy share price today? Baytex Energy Corp.'s share price was $4.78 at the close on 3 November 2026. It has been rising for 40 weeks. That is 8.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between $3 and $6, and at that close it sat 76% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 9 weeks in a row. Over the last 10 years the share price moved −14% while the S&P 500 moved +255%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Baytex Energy pay? Baytex Energy Corp. paid $0.09 per share over the last four reported quarters. The most recent declaration was $0.02 for Jun 2026. At today's price of $4.78 that is a yield of 1.88%, based on dividends already paid, not a forecast. ## Which stock lists is Baytex Energy on? Baytex Energy is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Baytex Energy profitable? Baytex Energy Corp. earned $175 M of net profit in the Jun 2026 quarter, +15.4% on the same quarter a year earlier. The full FY25 year was a loss of $604 M. That is 31.8% of the quarter's revenue. The same quarter a year earlier earned $69.6 M. 3 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was −$604 M (−355.2% on the year before). Why profit moved: revenue changed +51.3% on a year earlier and the margin moved +21.4 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −54.5% and revenue −4.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Baytex Energy make, and is it growing? Baytex Energy Corp. reported $550 M of revenue in the Jun 2026 quarter, +51.3% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown −0.8% a year on average. The last full year, FY25, came in at $1.5 B. FY25 revenue was $1.5 B, −8.2% on the year before. Recent pace: the last four quarters grew −4.7% on average, against −0.8% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −29.3%, against −12.8% a year over the last 8 quarters (rolling over). ## How much of every $100 of sales does Baytex Energy keep? Baytex Energy Corp.'s operating margin was 40.8% in the Jun 2026 quarter, 21.4 percentage points higher than the same quarter a year ago. Over the last four quarters it has moved +31.3 percentage points. Across 5 years it has been between −7.9% and 116.3%. The latest quarter is within that range. Why the margin moved: operating margin changed +31.3 percentage points on the year while gross margin changed +7.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Baytex Energy's profit turning into cash? Over the last 3 years, 140% of Baytex Energy Corp.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $1.5 B of operating cash against −$604 M of profit. After $1.3 B of spending on assets, $207 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Baytex Energy's cash go? Baytex Energy Corp. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.6 B on assets over the last 3 years. Averaged over those years that is 82.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.6 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Baytex Energy's P/E ratio, and how does it compare with its own history? Baytex Energy Corp.'s P/E is 12.5×, near the high end of its own history: higher than 89% of past readings. Its usual P/E (the middle reading) is 3.2×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −366.6% while the price moved +97.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +2.6% a year; about −32.4% a year came from earnings growth and about +35.0 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Baytex Energy business getting better or worse? Baytex Energy Corp.'s business is turning around. Profit growth has swung from −146.7% at its low to −15.6%, rising from a low 5 quarters ago, with ROCE steady at 6.4%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does Baytex Energy earn on its capital? Baytex Energy Corp. earned a ROE of −25% in FY25. Its return on capital used (ROIC) is 6.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −40.8% net margin and 0.44× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −40.8% net margin × 0.44× asset turnover × 1.40× leverage (assets divided by equity) ≈ −25.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 4.7% − 10.9% = −6.2 percentage points. The 10.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 4.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 1.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Baytex Energy have too much debt? Baytex Energy Corp. has total debt of $149 M against shareholder equity of $2.2 B as of Jun 2026, so its debt is 0.07× its equity, which is very little. Year by year, that ratio went from 0.63 in FY21 to 0.05 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Baytex Energy shareholding pattern? 3.3% of Baytex Energy Corp.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 1.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Baytex Energy from balance-sheet trouble? For Baytex Energy Corp., the Z-score is 1.10. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.10 is inside the danger zone, so the balance sheet is a real risk. ## How does Baytex Energy rank in its industry? 51.2 out of 100, rank 17 of 30 in Oil & Gas Exploration & Production, with 56% of the evidence available. Baytex Energy Corp. scores 51.2 out of 100 against the 30 companies it is compared with in Oil & Gas Exploration & Production, ranking 17. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 21.1 + 9.9 + 8.8 + 11.4 = 51.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Baytex Energy compared with? Baytex Energy ranks 17 of 30 Oil & Gas Exploration & Production companies on the 4-Factor Sector Score, with 51.2 out of 100. 1. [APA Corporation](https://www.sectoralpha.in/us/stocks/apa) APA · breaking out · Most evidence points up · 85% evidence 75.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -12.5% · Profit 44.6% · Operating margin change 18.7 points · 95% evidence Capital efficiency 19.0/25 · ROCE 21.5% · Operating margin 56.3% · 76% evidence Valuation 15.6/20 · P/E 6.9× · PEG 0.12 · 65% evidence Relative strength 18.9/20 · Lead over its industry 23.1% · Lead over S&P 500 28.2% · 1 year 100.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.3 + 19 + 15.6 + 18.9 = 75.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Range Resources Corporation](https://www.sectoralpha.in/us/stocks/rrc) RRC · breaking out · Most evidence points up · 85% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 17.3% · Profit 79.3% · Operating margin change -12 points · 95% evidence Capital efficiency 15.9/25 · ROCE 17.8% · Operating margin 36.1% · 76% evidence Valuation 11.6/20 · P/E 10.2× · PEG 0.76 · 65% evidence Relative strength 19.8/20 · Lead over its industry 22.3% · Lead over S&P 500 28.2% · 1 year 43.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 22.6 + 15.9 + 11.6 + 19.8 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Canadian Natural Resources Limited](https://www.sectoralpha.in/us/stocks/cnq) CNQ · breaking out · Most evidence points up · 85% evidence 68.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 17.6% · Profit 41.3% · Operating margin change 19.4 points · 95% evidence Capital efficiency 15.2/25 · ROCE 13.5% · Operating margin 43.1% · 76% evidence Valuation 14.4/20 · P/E 9.9× · PEG 0.23 · 65% evidence Relative strength 16.6/20 · Lead over its industry 11.8% · Lead over S&P 500 16.8% · 1 year 69.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 22.2 + 15.2 + 14.4 + 16.6 = 68.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Occidental Petroleum Corporation](https://www.sectoralpha.in/us/stocks/oxy) OXY · breaking out · Most evidence points up · 85% evidence 67.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 24% · Profit 100% · Operating margin change 30.2 points · 95% evidence Capital efficiency 10.9/25 · ROCE 8.7% · Operating margin 45.4% · 76% evidence Valuation 15.2/20 · P/E 7.4× · PEG 0.2 · 65% evidence Relative strength 11.9/20 · Lead over its industry 3% · Lead over S&P 500 7.6% · 1 year 46.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 29.9 + 10.9 + 15.2 + 11.9 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [SM Energy Company](https://www.sectoralpha.in/us/stocks/sm) SM · breaking out · Most evidence points up · 85% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 65.2% · Profit 23% · Operating margin change 21.6 points · 95% evidence Capital efficiency 13.3/25 · ROCE 10.4% · Operating margin 60.3% · 76% evidence Valuation 14.0/20 · P/E 6.3× · PEG 0.34 · 65% evidence Relative strength 19.2/20 · Lead over its industry 18.7% · Lead over S&P 500 23.7% · 1 year 100.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.2 + 13.3 + 14 + 19.2 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [EOG Resources, Inc.](https://www.sectoralpha.in/us/stocks/eog) EOG · breaking out · Most evidence points up · 85% evidence 66.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 17.2% · Profit 20% · Operating margin change 7.9 points · 95% evidence Capital efficiency 17.8/25 · ROCE 18% · Operating margin 40.7% · 76% evidence Valuation 12.3/20 · P/E 10× · PEG 0.4 · 65% evidence Relative strength 17.0/20 · Lead over its industry 7.2% · Lead over S&P 500 12.3% · 1 year 47.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.5 + 17.8 + 12.3 + 17 = 66.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Permian Resources Corporation](https://www.sectoralpha.in/us/stocks/pr) PR · breaking out · Evidence leans up · 85% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 12.8% · Profit 8.4% · Operating margin change 26.5 points · 95% evidence Capital efficiency 15.5/25 · ROCE 13.1% · Operating margin 57.4% · 76% evidence Valuation 11.9/20 · P/E 12.5× · PEG 0.36 · 65% evidence Relative strength 16.4/20 · Lead over its industry 13.5% · Lead over S&P 500 18.5% · 1 year 81% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.5 + 15.5 + 11.9 + 16.4 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Vista Energy, S.A.B. de C.V.](https://www.sectoralpha.in/us/stocks/vist) VIST · turning · Evidence leans up · 85% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.4/35 · Revenue 77.8% · Profit 44% · Operating margin change 8.2 points · 95% evidence Capital efficiency 17.0/25 · ROCE 16% · Operating margin 44.2% · 76% evidence Valuation 14.3/20 · P/E 8.6× · PEG 0.25 · 65% evidence Relative strength 5.6/20 · Lead over its industry -2.7% · Lead over S&P 500 1.7% · 1 year 41.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.4 + 17 + 14.3 + 5.6 = 62.3 · What this means: Earnings are strong; relative strength in its sector is -2.7% and the one-year return is 41.2%. 9. [Chord Energy Corporation](https://www.sectoralpha.in/us/stocks/chrd) CHRD · breaking out · Evidence leans up · 67% evidence 60.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 20% · Profit 100% · Operating margin change 63.5 points · 71% evidence Capital efficiency 10.9/25 · ROCE 9.5% · Operating margin 34.7% · 76% evidence Valuation 10.7/20 · P/E 7.6× · PEG n/a · 15% evidence Relative strength 13.0/20 · Lead over its industry 5.6% · Lead over S&P 500 10.3% · 1 year 64.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.3 + 10.9 + 10.7 + 13 = 60.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Ovintiv Inc.](https://www.sectoralpha.in/us/stocks/ovv) OVV · leader · Evidence leans up · 85% evidence 60.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Revenue 6.4% · Profit 54.6% · Operating margin change 13.1 points · 95% evidence Capital efficiency 13.9/25 · ROCE 15.8% · Operating margin 36.2% · 76% evidence Valuation 12.3/20 · P/E 16.1× · PEG 0.29 · 65% evidence Relative strength 13.3/20 · Lead over its industry 11.5% · Lead over S&P 500 16.5% · 1 year 70.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.1 + 13.9 + 12.3 + 13.3 = 60.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [ConocoPhillips](https://www.sectoralpha.in/us/stocks/cop) COP · breaking out · Evidence leans up · 85% evidence 60.4 out of 100 Growth Capital Valuation Relative
12. [Antero Resources Corporation](https://www.sectoralpha.in/us/stocks/ar) AR · breaking out · Evidence leans up · 75% evidence 60.0 out of 100 Growth Capital Valuation Relative
13. [Crescent Energy Company](https://www.sectoralpha.in/us/stocks/crgy) CRGY · breaking out · Evidence leans up · 75% evidence 54.6 out of 100 Growth Capital Valuation Relative
14. [Gulfport Energy Corporation](https://www.sectoralpha.in/us/stocks/gpor) GPOR · breaking out · Evidence leans up · 67% evidence 53.1 out of 100 Growth Capital Valuation Relative
15. [Magnolia Oil & Gas Corporation](https://www.sectoralpha.in/us/stocks/mgy) MGY · turning · Evidence leans up · 85% evidence 52.7 out of 100 Growth Capital Valuation Relative
16. [CNX Resources Corporation](https://www.sectoralpha.in/us/stocks/cnx) CNX · breaking out · Evidence leans up · 75% evidence 52.3 out of 100 Growth Capital Valuation Relative
17. Baytex Energy Corp. this page BTE · breaking out · Too little evidence to rank firmly · 56% evidence 51.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Revenue n/a · Profit n/a · Operating margin change 21.4 points · 39% evidence Capital efficiency 9.9/25 · ROCE 8.8% · Operating margin 40.8% · 76% evidence Valuation 8.8/20 · P/E 29.1× · PEG n/a · 15% evidence Relative strength 11.4/20 · Lead over its industry 4.4% · Lead over S&P 500 9.2% · 1 year 89.7% · 100% evidence · 9 of 12 weeks ahead Exact sum: 21.1 + 9.9 + 8.8 + 11.4 = 51.2 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 18. [Expand Energy Corporation](https://www.sectoralpha.in/us/stocks/exe) EXE · basing · Evidence leans up · 75% evidence 50.7 out of 100 Growth Capital Valuation Relative
19. [Black Stone Minerals, L.P.](https://www.sectoralpha.in/us/stocks/bsm) BSM · turning · Evidence leans down · 85% evidence 47.9 out of 100 Growth Capital Valuation Relative
20. [Murphy Oil Corporation](https://www.sectoralpha.in/us/stocks/mur) MUR · breaking out · Evidence leans down · 75% evidence 47.6 out of 100 Growth Capital Valuation Relative
21. [EQT Corporation](https://www.sectoralpha.in/us/stocks/eqt) EQT · breaking out · Evidence leans down · 85% evidence 47.1 out of 100 Growth Capital Valuation Relative
22. [Devon Energy Corporation](https://www.sectoralpha.in/us/stocks/dvn) DVN · breaking out · Evidence leans down · 75% evidence 44.5 out of 100 Growth Capital Valuation Relative
23. [Texas Pacific Land Corporation](https://www.sectoralpha.in/us/stocks/tpl) TPL · basing · Evidence leans down · 85% evidence 43.3 out of 100 Growth Capital Valuation Relative
24. [Diamondback Energy, Inc.](https://www.sectoralpha.in/us/stocks/fang) FANG · turning · Evidence leans down · 85% evidence 43.1 out of 100 Growth Capital Valuation Relative
25. [Matador Resources Company](https://www.sectoralpha.in/us/stocks/mtdr) MTDR · breaking out · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative
26. [Woodside Energy Group Ltd](https://www.sectoralpha.in/us/stocks/wds) WDS · losing its lead · Too little evidence to rank firmly · 51% evidence 40.7 out of 100 Growth Capital Valuation Relative
27. [Talos Energy Inc.](https://www.sectoralpha.in/us/stocks/talo) TALO · breaking out · Evidence leans down · 67% evidence 40.5 out of 100 Growth Capital Valuation Relative
28. [Comstock Resources, Inc.](https://www.sectoralpha.in/us/stocks/crk) CRK · breaking out · Most evidence points down · 67% evidence 34.8 out of 100 Growth Capital Valuation Relative
29. [Northern Oil and Gas, Inc.](https://www.sectoralpha.in/us/stocks/nog) NOG · breaking out · Most evidence points down · 75% evidence 33.7 out of 100 Growth Capital Valuation Relative
30. [California Resources Corporation](https://www.sectoralpha.in/us/stocks/crc) CRC · turning · Most evidence points down · 75% evidence 28.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Exploration & Production](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production), all 30 compared on one page. ## Which companies are close to Baytex Energy in size? Baytex Energy is the 26th largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: CNX Resources Corporation, California Resources Corporation and Comstock Resources, Inc. Just below it: Black Stone Minerals, L.P., Gulfport Energy Corporation and Talos Energy Inc. ### Oil & Gas Exploration & Production companies close in size

1. [CNX Resources Corporation](https://www.sectoralpha.in/us/stocks/cnx) $5.2 billion
2. [California Resources Corporation](https://www.sectoralpha.in/us/stocks/crc) $4.6 billion
3. [Comstock Resources, Inc.](https://www.sectoralpha.in/us/stocks/crk) $4.1 billion
4. Baytex Energy Corp. $3.4 billion
5. [Black Stone Minerals, L.P.](https://www.sectoralpha.in/us/stocks/bsm) $3.2 billion
6. [Gulfport Energy Corporation](https://www.sectoralpha.in/us/stocks/gpor) $2.9 billion
7. [Talos Energy Inc.](https://www.sectoralpha.in/us/stocks/talo) $2.7 billion

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Orla Mining Ltd.](https://www.sectoralpha.in/us/stocks/orla) $3.4 billion · Gold
2. [Kadant Inc.](https://www.sectoralpha.in/us/stocks/kai) $3.3 billion · Specialty Industrial Machinery
3. Baytex Energy Corp. $3.3 billion
4. [Golub Capital BDC, Inc.](https://www.sectoralpha.in/us/stocks/gbdc) $3.3 billion · Asset Management
5. [Freshpet, Inc.](https://www.sectoralpha.in/us/stocks/frpt) $3.3 billion · Packaged Foods

## What else do people ask about Baytex Energy? ### What were Baytex Energy's latest quarterly results? Baytex Energy Corp. reported revenue of $550 M and net profit of $175 M for the Jun 2026 quarter. Revenue rose 51.3% and profit rose 15.4% compared with a year earlier. Earnings per share were $0.24. The operating margin was 40.8%, 21.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is Baytex Energy's market cap? Baytex Energy Corp.'s market capitalisation is $3.4 B at a stock price of $4.78. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Baytex Energy performing? Baytex Energy Corp.'s share price has been rising for 40 weeks. In its latest quarter, revenue rose 51.3% and profit rose 15.4% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 9 weeks running (as of 3 November 2026). ### Will Baytex Energy's stock price go up? This page does not forecast Baytex Energy Corp.'s stock price. What it shows instead: the stock price is $4.78, and it has been rising for 40 weeks. Its P/E of 12.5× is higher than 89% of its own last 5 years (as of 3 November 2026). ### Is Baytex Energy's profit real cash? Yes, over the last 3 years, 140% of Baytex Energy Corp.'s reported profit came in as cash from operations. The latest year was lower at -246%, so the trend is worth watching. In FY25, operating cash was $1.5 B against reported profit of −$604 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Baytex Energy in its business cycle? Baytex Energy Corp.'s FY25 operating margin was 4.1%, against a 5-year range of −7.9% to 116.3%: the low end of its own range, which is often where recoveries start. The latest quarter was 40.8%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Baytex Energy story? The main question: the share price moved +97.5% in a year while yearly earnings per share moved −366.6%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Baytex Energy a stock worth studying right now? What the numbers show: Baytex Energy Corp.'s share price has risen faster than its earnings: +97.5% in a year, against −366.6% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.