Baytex Energy Corp (NYSE:BTE) has a beta value of 1.84 and has seen 8.97 million shares traded in the last trading session. The company, currently valued at $3.25B, closed the last trade at $3.95 per share which meant it gained $0.02 on the day or 0.51% during that session. The BTE stock price is -17.72% off its 52-week high price of $4.65 and 26.84% above the 52-week low of $2.89. The 3-month trading volume is 9.86 million shares.

Baytex Energy Corp (NYSE:BTE) trade information

Sporting 0.51% in the green in last session, the stock has traded in the green over the last five days, when the BTE stock price touched $3.95 or saw a rise of 0.25%. Year-to-date, Baytex Energy Corp shares have moved 18.98%, while the 5-day performance has seen it change 8.22%. Over the past 30 days, the shares of Baytex Energy Corp (NYSE:BTE) have changed 8.82%.

Baytex Energy Corp (BTE) estimates and forecasts

Figures show that Baytex Energy Corp shares have outperformed across the wider relevant industry. The company’s shares have lost -8.78% over the past 6 months, with this year growth rate of 6.12%, compared to 1.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are 28.60% and -48.10% for the next quarter. Revenue growth from the last financial year stood is estimated to be 10.80%.

1 analysts offering their estimates for the company have set an average revenue estimate of $674.88 million for the current quarter. 1 have an estimated revenue figure of $695.26 million for the next quarter concluding in Jun 2024. Year-ago sales stood $420.67 million and $441.06 million respectively for this quarter and the next, and analysts expect sales will grow by 60.40% for the current quarter and 57.60% for the next.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 19.24% over the past 5 years. Earnings growth for 2024 is a modest 321.20% while over the next 5 years, the company’s earnings are expected to increase by 18.20%.

BTE Dividends

Baytex Energy Corp is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.05 at a share yield of 1.26%. The company’s dividend yield has gone up over the past 12 months.