Baytex Energy Corp. (NYSE:BTE) is one of the Best High Volume Penny Stocks to Buy. On December 22, Menno Hulshof from TD Cowen reiterated a Buy rating on Baytex Energy Corp. (NYSE:BTE) and also raised the price target from C$4.75 to C$5. On the same day, Jeremy McCrea from BMO Capital also reiterated a Buy rating on the stock with a price target of C$6. Jeremy from BMO Capital noted that the company’s fundamentals and upside potential are improving. He highlighted that the company’s 2026 plan includes st ...

Core Viewpoint - Baytex Energy (BTE) has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, which significantly influences stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system focuses on changes in earnings estimates, which are strongly correlated with near-term stock price movements [4][6]. - Rising earnings estimates for Baytex indicate an improvement in the company's underlying business, likely leading to an increase in stock price [5]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions [9][10]. Earnings Estimate Revisions for Baytex - Baytex is expected to earn $0.24 per share for the fiscal year ending December 2025, with no year-over-year change [8]. - Over the past three months, the Zacks Consensus Estimate for Baytex has increased by 67.9% [8].

Baytex Energy Corp. (NYSE:BTE) is one of the best NYSE stocks under $5 to buy. On December 22, TD Cowen’s Menno Hulshof reaffirmed a Buy rating on Baytex Energy Corp. (NYSE:BTE) with a C$5.00 price target. Baytex Energy (BTE) Sets 2026 Budget, Targets Production Growth On the same day, Baytex Energy Corp. approved a 2026 exploration and development budget ranging from C$550 million to C$625 million. The company said this budget is designed to adapt to oil price fluctuations with about 45% of spending fro ...

Group 1: Maximus (MMS) - Maximus operates government health and human services programs globally and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for Maximus' current year earnings has increased by 15.8% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 10.62, compared to 14.40 for the industry, and possesses a Value Score of A [1] Group 2: Virtu Financial (VIRT) - Virtu Financial is a market-leading financial services firm that provides execution services and data analytics, holding a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Virtu Financial's current year earnings has increased by 4.4% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 6.81, compared to 10.70 for the industry, and possesses a Value Score of A [3] Group 3: Baytex Energy (BTE) - Baytex Energy is a conventional oil and gas income trust focused on maintaining production and delivering consistent returns, with a Zacks Rank 1 [4] - The Zacks Consensus Estimate for Baytex Energy's current year earnings has increased by 33.3% over the last 60 days [4] - The company has a price-to-earnings ratio (P/E) of 13.49, compared to 14 for the industry, and possesses a Value Score of A [4]

I analyze oil and gas companies like Baytex Energy and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up her ...

Group 1 - The article discusses the analysis of oil and gas companies, specifically focusing on identifying undervalued firms within the sector [1] - The author emphasizes the cyclical nature of the oil and gas industry, highlighting the importance of patience and experience in navigating this market [2] - The investing group, Oil & Gas Value Research, seeks out under-followed oil companies and midstream firms that present attractive investment opportunities [2] Group 2 - The article mentions that the author holds a beneficial long position in Baytex Energy (BTE) through various financial instruments [3] - It is noted that the article reflects the author's personal opinions and is not influenced by any compensation from companies mentioned [3] - The content is part of a broader service that provides detailed analysis on oil and gas companies, including balance sheets and competitive positions [1]

Key Takeaways Baytex has reshaped its portfolio, cut debt and improved cash flow visibility ahead of 2026.CNQ offers stable, low-decline production with consistent shareholder returns and disciplined spending.BTE's EPS is projected to grow 9.5% in 2025, while CNQ is expected to see a 0.8% earnings decline.As Oil/Energy investors look toward 2026, balance-sheet strength, capital discipline and earnings visibility are becoming just as important as production growth. Baytex Energy ((BTE) and Canadian Natural R ...

Calgary, Alberta--(Newsfile Corp. - December 22, 2025) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "Company") is pleased to announce its 2026 budget, three-year outlook, executive appointment and Board of Director changes. Highlights2026 capital budget of $550 to $625 million, targeting 3% to 5% production growth and prioritizing meaningful shareholder returnsImproved sustaining breakeven price(1) of US$52/bbl and strong liquidity positionSignificant portion of Eagle Ford sale proceeds to ...

Core Viewpoint - Baytex Energy has successfully completed the sale of its US Eagle Ford assets for $2.14 billion, which will enhance its financial position and allow for a greater focus on its Canadian energy operations [1][2]. Financial Impact - The proceeds from the sale will be used to pay down outstanding credit facilities and redeem 8.5% Senior Notes due 2030, as well as fund a cash tender offer for $575 million of 7.37% Senior Notes due 2032 [1][2]. Strategic Focus - The sale is part of Baytex's broader strategy to optimize its portfolio, allowing the company to concentrate on high-return Canadian energy projects, particularly in heavy oil and the Pembina Duvernay area [2][3]. Production and Growth - Baytex's Canadian portfolio includes over 2,200 drilling locations, supporting an annual production growth target of 3-5% at $60-65 per barrel WTI [3]. - The company reported production of 65,000 barrels of oil equivalent per day (boepd) for the first nine months of 2025, marking a 5% increase compared to 2024, excluding non-core asset sales [4]. Pembina Duvernay Development - In the Pembina Duvernay area, Baytex has secured 91,500 net acres and identified approximately 212 drilling locations, with plans to implement a single-rig drilling program targeting 18 to 20 wells annually [5]. - The company aims to achieve production levels of 20,000 to 25,000 boepd in this area by 2029 to 2030 [5]. Recent Acquisitions - In 2023, Baytex Energy signed an agreement to acquire US-based Ranger Oil for approximately $2.5 billion, including debt, further expanding its operational footprint [6].

Core Viewpoint - The article highlights three stocks with strong income characteristics and a buy rank, suggesting potential investment opportunities for investors. Group 1: Kimbell Royalty Partners, LP (KRP) - Kimbell Royalty Partners, LP is an oil and gas royalty company with a Zacks Rank of 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 41.7% over the last 60 days [1] - The company offers a dividend yield of 12.3%, significantly higher than the industry average of 6.9% [1] Group 2: Macy's, Inc. (M) - Macy's, Inc. is an omnichannel retail company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 10.2% over the last 60 days [2] - The company has a dividend yield of 3.1%, compared to the industry average of 2.2% [2] Group 3: Baytex Energy Corp. (BTE) - Baytex Energy Corp. is an energy company with a Zacks Rank of 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 64.3% over the last 60 days [2]