Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Zacks Growth S ...

The stock has the potential to move significantly higher if energy prices remain elevated.Shares of oil producer Baytex (BTE -1.57%) have largely been range-bound over the past year. However, the stock could be one of the best plays on high oil prices around.Let's examine why oil bulls should consider buying the stock right now.Transformative acquisitionBaytex operates both in the U.S. and Canada, producing both light and heavy crude, as well as associated natural gas and natural gas liquids (NGLs). About 8 ...

Investors interested in Oils-Energy stocks should always be looking to find the best-performing companies in the group. Is Baytex Energy (BTE) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Oils-Energy sector should help us answer this question.Baytex Energy is a member of our Oils-Energy group, which includes 251 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation m ...

zhengzaishuru Baytex Energy (NYSE:BTE) currently is projected to generate US$528 million in 2024 free cash flow at current strip prices. This is around US$138 million more than Baytex's estimates from December 2023, as it benefits from improved oil strip prices. Baytex's estimated value also benefits from an improvement in the assumed odds of it winning its tax dispute with the Canada Revenue Agency. I had previously calculated Baytex's value based on a 50% chance of it prevailing, but the price it paid for ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe ...

Several factors have dimmed the sentiment in the energy market, impacting the Zacks Oil and Gas - Exploration and Production - Canadian industry. These factors include worries regarding global economic growth and uncertainties surrounding demand forecasts. A notable increase in fuel inventories, coupled with OPEC+'s extension of production cuts lacking any positive surprises, has overshadowed the outlook for energy demand. Moreover, concerns persist about sluggish demand in China. The natural gas sector has ...

Tonya DavisonBack in September, I placed a “Strong Buy” rating on Baytex Energy (NYSE:BTE), saying with its recent acquisition in the Eagle Ford that it looked well positioned to quickly pay down debt and deleverage at current oil prices. However, I lowered my rating to “Buy” in December as the company’s FCF guidance was a bit disappointing due to lower oil price assumptions. Let’s catch up on the stock following its Q4 earnings. Company Profile As a refresher, BTE is an exploration & production company ...

Brian Ector - Senior Vice President of Capital Markets and Investor Relations Philip Skolnick - Eight Capital Brian Ector Eric Greager In 2023, we increased production per basic share by 16% over 2022. Production in Q4 '23 averaged just over 160,000 BOE per day, exceeding our guidance for the quarter and up 6% from the third quarter. Production for the full-year 2023 average 122,000 BOE per day compared to 83,500 in 2022. For the second half of '23, exploration and development expenditures totaled $608 mill ...