FY2023 Earnings Estimate for Baytex Energy Corp. Issued By Stifel ... - MarketBeat
| BTE Stock | CAD 3.68 0.12 3.37% |
About 55% of Baytex Energy's investors are presently thinking to get in. The current sentiment of investing in Baytex Energy Corp suggests that some traders are interested. Baytex Energy's investing sentiment overview a quick insight into current market opportunities from investing in Baytex Energy Corp. Many technical investors use Baytex Energy Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Baytex |
FY2023 Earnings Estimate for Baytex Energy Corp. Issued By Stifel ... MarketBeat
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Baytex Energy Fundamental Analysis
We analyze Baytex Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Baytex Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Baytex Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Baytex Energy is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Baytex Energy Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Baytex Energy stock to make a market-neutral strategy. Peer analysis of Baytex Energy could also be used in its relative valuation, which is a method of valuing Baytex Energy by comparing valuation metrics with similar companies.
Peers
Baytex Energy Related Equities
| MEG | MEG Energy | 3.28 | ||||
| ATH | Athabasca Oil | 1.60 | ||||
| WCP | Whitecap Resources | 1.53 | ||||
| CVE | Cenovus Energy | 1.35 |
Check out Baytex Energy Hype Analysis, Baytex Energy Correlation and Baytex Energy Performance. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.