Baytex Energy Corp. (BTE.TO) (TSE:BTE) (NYSE:BTE) Senior Officer Brian Gordon Ector bought 20,000 shares of the stock in a transaction dated Tuesday, January 12th. The shares were bought at an average cost of C$0.89 per share, with a total value of C$17,800.00. Following the completion of the purchase, the insider now directly owns 155,782 shares of the company’s stock, valued at approximately C$138,645.98.
Brian Gordon Ector also recently made the following trade(s):
- On Thursday, December 10th, Brian Gordon Ector sold 50,000 shares of Baytex Energy Corp. (BTE.TO) stock. The shares were sold at an average price of C$0.83, for a total transaction of C$41,500.00.
BTE stock opened at C$0.88 on Thursday. The firm has a market cap of C$493.86 million and a price-to-earnings ratio of -0.18. The firm has a 50-day simple moving average of C$0.76 and a two-hundred day simple moving average of C$0.63. Baytex Energy Corp. has a one year low of C$0.00 and a one year high of C$1.80. The company has a debt-to-equity ratio of 472.56, a quick ratio of 0.47 and a current ratio of 0.68.
Baytex Energy Corp. (BTE.TO) (TSE:BTE) (NYSE:BTE) last released its quarterly earnings results on Monday, November 2nd. The company reported C($0.04) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C($0.11) by C$0.07. The firm had revenue of C$252.54 million for the quarter. As a group, equities analysts predict that Baytex Energy Corp. will post -0.19 earnings per share for the current fiscal year.
A number of analysts have recently issued reports on BTE shares. Canaccord Genuity boosted their target price on shares of Baytex Energy Corp. (BTE.TO) from C$0.75 to C$1.00 and gave the company an “underpeform” rating in a research note on Thursday, January 7th. Raymond James upped their price objective on shares of Baytex Energy Corp. (BTE.TO) from C$0.50 to C$0.70 and gave the stock an “underperform” rating in a research note on Thursday, December 3rd. TD Securities upped their price objective on shares of Baytex Energy Corp. (BTE.TO) from C$0.55 to C$0.75 and gave the stock a “hold” rating in a research note on Friday, December 4th. ATB Capital upped their price objective on shares of Baytex Energy Corp. (BTE.TO) from C$0.70 to C$0.85 in a research note on Monday. Finally, CIBC upped their price objective on shares of Baytex Energy Corp. (BTE.TO) from C$0.75 to C$1.00 in a research note on Wednesday, December 16th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$1.03.
About Baytex Energy Corp. (BTE.TO)
Baytex Energy Corp., an oil and gas company, acquires, develops, and produces oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. The company offers light oil, natural gas liquids, shale and natural gas, heavy gravity crude oil, bitumen, and heavy oil.
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