Risk factor
High price volatility
Profitability factor
Slightly undervalued vs peers
About
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas. It holds interest in the Eagle Ford...
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair val
Target Price
The average target price of BTE is 3.9 and suggests 15% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
