Baytex Energy Corp reports results for the quarter ended June 30 - Earnings Summary

Baytex Energy

31/07/2026 10:08

Baytex Energy Corp BTE.TO reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 20 cents.  The mean expectation of three analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results 
Revenue fell 27.8% to C$639.94 million from a year ago. 
Baytex Energy Corp's reported EPS for the quarter was 24 cents​.
The company reported quarterly net income of C$174.87 million.
Baytex Energy Corp shares had risen by 5.4% this quarter and gained 35.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 21.2% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil & gas exploration and production peer group is also "buy" 
Wall Street's median 12-month price target for Baytex Energy Corp is C$7.50, about 20% above its last closing price of C$6.00
This summary was machine generated from LSEG data July 31 at 09:08 a.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.30
0.32
Beat
Mar. 31 2026 
0.20
0.16
Missed
Dec. 31 2025 
0.38
0.30
Missed
Sep. 30 2025 
0.49
0.61
Beat