Baytex Energy Corp (BTE, Financial) experienced a significant stock drop of 5%, trading at $2.38 per share with a volume of 6.658 million shares. The turnover rate was 0.85%, and the stock's amplitude was 4.80%. Recent financial data shows the company reported revenue of $624 million, a net profit of $136 million, and earnings per share of $0.17, with a gross profit of $171 million. The price-to-earnings ratio stands at -5.55.
Among 11 rating agencies, 64% recommended buying, while 36% suggested holding the stock. In the oil and gas exploration sector, the overall decline was 0.15%, with notable activity in related stocks like Sable Offshore Corp and Texas Pacific Land Corporation. Baytex operates primarily in Canada and the U.S., focusing on oil and gas exploration and production.
