Baytex Energy (US:BTE) ZACKSยท2025-07-31 23:31Group 1: Earnings Performance - Baytex Energy reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, but down from $0.09 per share a year ago, representing an earnings surprise of +50.00% [1] - The company posted revenues of $640.75 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 15.56%, compared to year-ago revenues of $828.18 million [2] - Over the last four quarters, Baytex has surpassed consensus EPS estimates two times and topped consensus revenue estimates four times [2] Group 2: Stock Performance and Outlook - Baytex shares have declined approximately 16.3% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $580.46 million, and for the current fiscal year, it is $0.14 on revenues of $2.48 billion [7] - The Zacks Rank for Baytex is currently 3 (Hold), indicating that shares are expected to perform in line with the market in the near future [6] Group 3: Industry Context - The Oil and Gas - Exploration and Production - Canadian industry is currently in the top 39% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]