Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 26th: Western Digital Corporation (WDC) : This data storage devices and solutions company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 12.9% over the last 60 days. Baytex's shares gained 15% over the last six months compared with the S&P 500's advance of 9.7%. The company possesses a Momentum Score of A. HealthStream's shares gained 10.8% ov ...

Over the last four quarters, the company has surpassed consensus EPS estimates just once. Baytex, which belongs to the Zacks Oil and Gas - Exploration and Production - Canadian industry, posted revenues of $828.18 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 9.50%. This compares to year-ago revenues of $445.79 million. The company has topped consensus revenue estimates just once over the last four quarters. Baytex shares have added about 8.1% since the beginning of the ...

Operating netback per boe Operating netback per boe is equal to operating netback (a non-GAAP financial measure) divided by barrels of oil equivalent sales volume for the applicable period and is used to assess our operating performance on a unit of production basis. Capital Management Measures We use net debt to monitor our current financial position and to evaluate existing sources of liquidity. We also use net debt projections to estimate future liquidity and whether additional sources of capital are req ...

Calgary, Alberta--(Newsfile Corp. - July 25, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") announces that its Board of Directors has declared a quarterly cash dividend of CDN$0.0225 per share to be paid on October 1, 2024 for shareholders of record on September 16, 2024. Baytex Energy Corp. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/217705 The U.S. dollar equivalent amount is approximately US$0.0163 per share assuming ...

Core Viewpoint - Baytex Energy Corp. is set to release its second quarter 2024 financial and operating results on July 25, 2024, with a conference call scheduled for July 26, 2024 to discuss these results [2][6]. Company Information - Baytex Energy Corp. is headquartered in Calgary, Alberta, and has offices in Houston, Texas. The company focuses on the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and the Eagle Ford in the United States [7]. - The company's common shares are traded on both the Toronto Stock Exchange and the New York Stock Exchange under the symbol BTE [7]. Conference Call Details - The conference call will take place at 9:00 a.m. MST (11:00 a.m. EST) on July 26, 2024 [4]. - Participants can register for the call through the company's website or by calling the provided toll-free number [2][4]. - An archived recording of the conference call will be available shortly after the event on the Baytex website for three months [4].

Core Viewpoint - The article emphasizes the potential investment opportunities in stocks priced under $10, highlighting their growth potential and the impact of retail participation on share prices [1][2][3]. Group 1: Investment Opportunities - Similarweb (SMWB) has seen a 37% increase in stock value since the beginning of the year, although it has lost momentum since March. It currently trades at 2.52X trailing-year sales, slightly below the average of 2.53X, indicating potential for valuation expansion [6][7]. - Analysts project Similarweb's fiscal 2024 sales to reach $244.76 million, reflecting a growth rate of 12.3%, with a potential increase to $278.3 million in the following year, marking a 13.7% growth [8]. - Kinross Gold (KGC) operates in the gold mining sector and may benefit from a dovish shift in Federal Reserve policy. The stock currently trades at 2.54X sales, which is higher than its past year average of 1.69X but still below the industry average of 3.14X, suggesting room for growth [10][11]. - For fiscal 2024, analysts expect Kinross Gold's sales to reach $4.7 billion, an 11% increase from the previous year, with a high-side target of $5 billion [12]. - Baytex Energy (BTE) operates in the oil and gas exploration sector and is positioned to benefit from geopolitical factors. Analysts forecast sales to hit $2.8 billion, representing a 40.7% growth from last year [13][14]. - Baytex Energy's current market price is at 1.03X trailing-year sales, matching the previous year's ratio, while the upstream energy sector's average is 2.15X, indicating significant growth potential [17].

One of the investment sectors in which it's difficult to address the "why" component is the hydrocarbon ecosystem. With the political and ideological winds favoring clean and renewable energy infrastructures, why would anyone consider fossil fuels, even if they were billed as discounted oil stocks? That's not the news that green agencies want to hear, I get that. But let's first consider the science. Fossil fuels command incredible energy density. Combustion-powered mechanisms may be dirty and inefficient a ...

Calgary, Alberta--(Newsfile Corp. - June 26, 2024) - Baytex Energy Corp. (TSX: BTE) (NYSE: BTE) ("Baytex" or the "company") is pleased to announce that the Toronto Stock Exchange ("TSX") has accepted the company's notice of intention to renew its normal course issuer bid ("NCIB"). The renewed NCIB allows Baytex to purchase up to 70,112,570 common shares during the 12-month period commencing July 2, 2024 and ending July 1, 2025 or such earlier time as the NCIB is completed or terminated at the option of Bayt ...

Baytex assumed a negative US$14.50 WCS differential for full-year 2024. This would require the last eight months of 2024 to have an average differential of negative US$12.39, which appears to be reasonable to me. Updated 2024 Outlook zhengzaishuru Baytex Energy (NYSE:BTE) (TSX:BTE:CA) reported solid Q1 2024 results that were in-line with expectations and left its full-year guidance unchanged. Baytex is now benefiting from the completion of the Trans Mountain Pipeline expansion, which has reduced the WCS dif ...

Baytex Energy Corp. (NYSE:BTE) Q1 2024 Earnings Conference Call May 10, 2024 11:00 AM ET Company Participants Brian Ector - SVP of Capital Markets and IR Eric Greager - President and CEO Chad Kalmakoff - CFO Chad Lundberg - COO Conference Call Participants Menno Hulshof - TD Cowen Amir Arif - ATB Capital Markets Operator Thank you for standing by. This is the conference operator. Welcome to the Baytex Energy Corp. First Quarter 2024 Financial and Operating Results Conference Call. As a reminder, all partici ...