Baytex Energy Corp. (BTEGF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Baytex Energy Corp. (BTEGF) stock?
Baytex Energy Corp. (BTEGF) no longer trades on public markets. The figures below are historical and are not a current quote.
Market cap $2.25B is the value of all shares combined. Beta 2.91: the stock has moved about 191% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Baytex Energy Corp. (BTEGF). Baytex Energy Corp. is an oil and gas company focused on acquiring, developing, and producing oil and natural gas in North America. Market cap: $2.25B, Sector: Energy.
Last analyzed: Mar 17, 2026Analyst Coverage for BTEGF: BTEGF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BTEGF against Energy peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
BTEGF: 1/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Baytex Energy Corp. (BTEGF) Energy Operations & Outlook
Baytex Energy Corp. is a North American oil and gas producer focused on light oil, heavy oil, and natural gas. With operations in both Canada and the United States, the company leverages assets in key regions like the Eagle Ford and Viking to maintain a diversified production portfolio in the energy sector.
What Is the Investment Thesis for BTEGF?
Baytex Energy Corp. presents a mixed investment thesis. The company's diversified asset base in both Canada and the U.S. provides a degree of stability, with exposure to various hydrocarbon resources. However, the company's negative profit margin of -66.0% raises concerns about profitability. The dividend yield of 1.60% offers some return to investors. Future growth will depend on efficient operations and strategic development of its key properties, particularly in the Eagle Ford and Viking areas. Investors should monitor the company's ability to improve profitability and manage its debt levels in a volatile commodity price environment. The high beta of 2.91 indicates significant volatility relative to the market.
Based on FMP financials and quantitative analysis
BTEGF Key Highlights
Market Cap of $2.25B indicates Baytex Energy Corp.'s size relative to its peers in the oil and gas industry.
- P/E ratio of -7.16 reflects the company's current lack of profitability, suggesting investors are anticipating future earnings improvements.
- Negative Profit Margin of -66.0% highlights significant challenges in cost management and operational efficiency.
- Gross Margin of 4.4% indicates a limited ability to generate profit from revenue after accounting for the cost of goods sold.
- Dividend Yield of 1.60% provides a modest income stream for investors, although it may be influenced by the company's financial performance.
Who Are BTEGF's Competitors?
BTEGF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| BKBEF Pipestone Energy Corp. | $1.37 | -2.55% | $384M | — |
| CHRD Chord Energy Corporation | $151.82 | +1.56% | $8.55B | 815-pillar |
| CRC California Resources Corporation | $56.25 | -0.79% | $4.99B | 555-pillar |
| ISRMF Isramco Negev 2 Limited Partnership | $0.66 | 0.00% | $1.72B | — |
| CDDRF Headwater Exploration Inc. | $9.94 | -0.50% | $2.36B | 509-signal |
| MNR Mach Natural Resources LP | $12.69 | +0.16% | $2.12B | 625-pillar |
| FRHLF Freehold Royalties Ltd. | $12.76 | -0.85% | $2.09B | 559-signal |
| BKV BKV Corporation | $24.96 | +3.57% | $2.73B | 575-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are BTEGF's Key Strengths?
Diversified asset base across multiple regions.
- Exposure to both light and heavy oil production.
- Experienced management team.
- Established infrastructure in key operating areas.
What Are BTEGF's Weaknesses?
Negative profit margin.
- High beta, indicating significant volatility.
- Dependence on commodity prices.
- Substantial debt levels.
What Could Drive BTEGF Stock Higher?
Development of the Eagle Ford property in Texas to increase light oil production.
- Optimization of heavy oil production in the Viking and Lloydminster regions.
- Potential strategic acquisitions to expand the company's asset base (2026-2028).
- Implementation of advanced drilling and completion technologies to improve efficiency.
- Increasing demand for natural gas as a transition fuel.
What Are the Key Risks for BTEGF?
Financial-distress signal — its Altman Z-Score of 1.14 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-23.1%) — the business is not currently generating profit on shareholder capital.
- Fluctuations in oil and gas prices can significantly impact revenue and profitability.
- Increased regulatory scrutiny and environmental concerns could limit future development.
- Competition from other oil and gas companies may reduce market share.
- High debt levels could constrain the company's ability to invest in growth opportunities.
- Operational risks associated with oil and gas production, such as spills or accidents.
What Are the Growth Opportunities for BTEGF?
- Expansion in the Eagle Ford Shale: Baytex has a significant presence in the Eagle Ford shale in Texas, a region known for its prolific oil production. Further development of this asset could substantially increase the company's production volumes. The Eagle Ford region has an estimated remaining recoverable resource of billions of barrels of oil, providing a long-term growth opportunity for Baytex. Efficient drilling and completion techniques will be essential to maximizing returns. Timeline: Ongoing.
- Development of Viking and Lloydminster Properties: Baytex holds substantial assets in the Viking and Lloydminster regions of Alberta and Saskatchewan, which are known for their heavy oil production. Enhanced oil recovery techniques and optimization of existing infrastructure can drive increased production from these properties. These regions benefit from established infrastructure and a supportive regulatory environment. Timeline: Ongoing.
- Strategic Acquisitions: Baytex can pursue strategic acquisitions to expand its asset base and increase production. Identifying undervalued assets with significant upside potential can provide a pathway for growth. Successful acquisitions require careful due diligence and integration to ensure they are accretive to shareholder value. The current market environment may present opportunities for consolidation within the oil and gas sector. Timeline: 2026-2028.
- Technological Innovation: Implementing advanced drilling and completion technologies can improve production rates and reduce costs. Investing in research and development to optimize operations can provide a competitive advantage. Technologies such as horizontal drilling, hydraulic fracturing, and enhanced oil recovery can unlock additional reserves. Timeline: Ongoing.
- Natural Gas Opportunities: Baytex produces natural gas, and increasing demand for natural gas, both domestically and internationally, presents a growth opportunity. Developing its natural gas assets and securing access to transportation infrastructure can enhance revenue streams. Natural gas is increasingly viewed as a transition fuel, providing a bridge to a lower-carbon energy future. Timeline: 2026-2030.
What Are BTEGF's Competitive Advantages?
- Diversified asset base in both Canada and the United States.
- Established presence in key oil and gas regions.
- Access to a variety of hydrocarbon resources, including light oil, heavy oil, and natural gas.
- Experience in developing and operating oil and gas properties.
What Does BTEGF Do?
Baytex Energy Corp. was founded in 1993 and is headquartered in Calgary, Canada. The company operates as an oil and gas enterprise focused on the acquisition, development, and production of oil and natural gas. Baytex's operations span across the Western Canadian Sedimentary Basin and Texas, in the United States. The company's product offerings include light oil and condensate, heavy oil, natural gas liquids, and natural gas. Its key properties include the Eagle Ford in Texas, Viking and Lloydminster in Alberta and Saskatchewan, and Peace River and Duvernay in Alberta. These properties are complemented by conventional oil and natural gas assets in Western Canada. As of December 31, 2021, Baytex reported proved developed producing reserves of 129 million barrels of oil equivalent (mmboe), proved reserves of 278 mmboe, and proved plus probable reserves of 451 mmboe. Baytex aims to deliver sustainable production and value creation through strategic asset management and operational efficiency.
What Products and Services Does BTEGF Offer?
- Acquires oil and natural gas properties.
- Develops oil and natural gas reserves.
- Produces light oil and condensate.
- Produces heavy oil.
- Produces natural gas liquids.
- Produces natural gas.
- Operates in the Western Canadian Sedimentary Basin.
- Operates in Texas, United States.
How Does BTEGF Make Money?
- Acquire and develop oil and gas properties.
- Extract and process crude oil and natural gas.
- Sell produced hydrocarbons to refineries and other customers.
- Generate revenue based on commodity prices and production volumes.
What Industry Does BTEGF Operate In?
Baytex Energy Corp. operates within the oil and gas exploration and production industry, a sector characterized by cyclical commodity prices and evolving energy transition dynamics. The industry is highly competitive, with companies vying for access to reserves and efficient production methods. Market trends include increased focus on environmental sustainability and the development of unconventional resources. Baytex's position is defined by its diversified asset base in North America, allowing it to capitalize on both Canadian and U.S. opportunities. Competitors include companies with similar operational footprints and resource focuses.
Who Are BTEGF's Key Customers?
- Refineries that process crude oil.
- Petrochemical companies that use natural gas liquids.
- Utility companies that distribute natural gas.
- Industrial consumers of natural gas.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● No filing on record
- ● No analyst coverage
MoonshotScore History
Recorded daily since 2026-08-23 · 4 snapshots
| 2026-08-23 | 52 |
| 2026-08-24 | 52 |
| 2026-08-25 | 52 |
| 2026-08-26 | 52 |
What changed?
The score has stayed at 52.
Over the same 3 days the stock moved +0.0%.
Company Profile
Baytex Energy Corp. operates in the Oil & Gas Exploration & Production industry within the Energy sector. It is headquartered in Calgary, CA. The company is led by CEO Eric Thomas Greager. BTEGF has traded publicly since 2006.
How Baytex Energy Corp. Is Valued
Baytex Energy Corp. carries a market capitalization of $2.25B, placing it in the mid-cap category.
Key Financial Metrics
Return on equity for Baytex Energy Corp. stands at -23.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -22.7%, showing how much profit it generates from its asset base. Its free cash flow yield is 4.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 2.15 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -17.8%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Baytex Energy Corp.'s Piotroski F-Score is 8/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 1.14 places it in the distress zone, a signal of elevated financial risk.
Earnings Track Record
Baytex Energy Corp. has beaten Wall Street's EPS estimate in 4 of its last 8 reported quarters — more hits than misses. Reported results have landed about 116.3% above estimates on average.
BTEGF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Diversified asset base across multiple regions.
- Exposure to both light and heavy oil production.
- Experienced management team.
- Established infrastructure in key operating areas.
Bear Case
- Negative profit margin.
- High beta, indicating significant volatility.
- Dependence on commodity prices.
- Substantial debt levels.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
BTEGF Latest News
No recent news available for BTEGF.
Leadership: Eric Thomas Greager
Unknown
Further research would be needed to provide details on his career history, education, and previous roles.
Track Record: Information on Eric Thomas Greager's track record is not available in the provided data. Further research would be needed to provide details on key achievements, strategic decisions, and company milestones under his leadership.
BTEGF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Baytex Energy Corp. may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure, and trading activity can be sporadic. Investing in OTC Other stocks carries higher risks compared to exchange-listed securities due to the potential for less transparency and regulatory oversight.
- OTC Tier: OTC Other
- Limited financial disclosure increases information asymmetry.
- Lower trading volume can lead to price volatility.
- Wider bid-ask spreads increase transaction costs.
- Potential for fraud or manipulation is higher on the OTC market.
- OTC Other stocks may be subject to less regulatory oversight.
- Verify the company's financial statements and SEC filings (if any).
- Research the background and experience of the management team.
- Assess the company's business model and competitive landscape.
- Review any available news articles or press releases about the company.
- Check for any regulatory actions or legal proceedings involving the company.
- Consult with a financial advisor before investing.
- Understand the risks associated with OTC investing.
- The company has been in operation since 1993.
- Baytex has producing assets in established oil and gas regions.
- The company has reported reserves, indicating ongoing operations.
- Baytex was previously listed on a major exchange before trading on the OTC market.
- The company has a market capitalization of $2.25B.
Common Questions About BTEGF (Energy)
What happened to Baytex Energy Corp. (BTEGF) stock?
Baytex Energy Corp. (BTEGF) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy BTEGF shares?
No. BTEGF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for BTEGF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before BTEGF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Baytex Energy Corp.. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Baytex Energy Corp. do?
Baytex Energy Corp. is an oil and gas company focused on the acquisition, development, and production of oil and natural gas in North America.
What are the main risks for BTEGF?
The main risks for Baytex Energy Corp. include fluctuations in oil and gas prices, which can significantly impact revenue and profitability. Competition from other oil and gas companies may reduce market share. High debt levels could constrain the company's ability to invest in growth opportunities.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Information is based on data available as of December 31, 2021, and may not reflect current market conditions.
- OTC market data may be limited and less reliable than exchange-listed data.