How to Buy Baytex Energy Stock
Baytex Energy Corp
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 Texas, the United States.
Baytex Energy stock last closed at $2.09, up 3.98% from the previous day, and has decreased 35.89% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.43 percentage points. Baytex Energy stock is currently +53.68% from its 52-week low of $1.36, and -45.57% from its 52-week high of $3.84.
At the moment, there are 770.04M BTE shares outstanding. The market value of BTE is $1.61B. In the last 24 hours, 73.31M BTE shares were traded.
How to Buy Baytex Energy Stock
Wondering how to invest in Baytex Energy stock? Here's how.
- Choose where to buy Baytex Energy stock: You need to choose an online brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you choose where to buy Baytex Energy stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- Evaluate Baytex Energy stock: The Baytex Energy ticker symbol is BTE. Is Baytex Energy stock a good investment? Should you buy shares of BTE? How do BTE's underlying business fundamentals look? Do top analysts think Baytex Energy is a good buy? Why has BTE's stock price moved recently? (Hint: Our stock analysis website can help you understand if BTE is a good stock to buy).
- Make your BTE purchase: Decide if you will purchase BTE shares at the current market price or use a limit order to buy BTE stock at a specific price.
- Monitor your BTE position: Create a watchlist to important notifications about your investment in Baytex Energy shares.
Step 1: Choose where to buy Baytex Energy stock
You need an online brokerage account to access the NYSE market and buy BTE shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen the best brokerage, it's time to fill out some personal details so you can invest in BTE stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to open a new brokerage account.
- Send your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've filled out your info on mobile trading apps, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing funds into your investment account.
Step 4: Evaluate Baytex Energy stock
After you have selected the best place to buy Baytex Energy stock, it's absolutely critical to research their stock prior to buying, so you can understand the risk as well as the upside.
Overview of key BTE info
Baytex Energy Due Diligence Score
WallStreetZen was created to help everyday investors do more accurate fundamental analysis.
You can see all of the due diligence checks on BTE's stock page.
Is BTE stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge BTE's true value.
Using relative valuations ratios:
- BTE could be undervalued based on its P/E ratio of 7.21x, relative to Oil & Gas E&P industry P/E ratio of 17.08x
- BTE may be undervalued based on its P/B ratio of 0.53x, relative to Oil & Gas E&P industry P/B ratio of 1.65x
- BTE could be undervalued based on its PEG ratio of 0.16x
You can do more valuation analysis on BTE's stock here.
BTE Financial Overview
Passed Financial Due Diligence Checks:
- BTE's operating cash flow of $1.42B allows it to safely service it's debt of $1.59B.
- Total BTE debt is lower than 5 years ago, relative to shareholder equity.
- BTE profit margin has gone up from -9.9% to 9.6% in the past year.
Failed Financial Due Diligence Checks:
- There are more short-term liabilities than short-term assets on the BTE balance sheet.
- There are more long-term liabilities than short-term assets on the BTE balance sheet.
- BTE has a relatively high debt to equity ratio of 0.86.
- BTE earnings of $523.59M is not sufficient to cover its interest payments.
You can dig deeper into what analysts are saying on the Baytex Energy stock forecast page.
Metrics for Advanced BTE Traders
BTE Performance Metrics
Last year, BTE earnings were $232.05M. In the past 4 year, BTE's earnings have gone up by 62.37% per year. This was faster than the Oil & Gas E&P industry average of 9.65%.
Last year, BTE revenue was $2.42B. During the past five year, BTE's revenue has grown by 19.31% per year. This was faster than the Oil & Gas E&P industry average of 13.51%.
Learn more about BTE's earnings and revenue performance here.
Latest Insiders Trades at BTE
In the past year, insiders at BTE have not bought or sold any shares.
Learn more about who owns BTE shares here.
Can I rely on BTE as an income stream?
Baytex Energy pays a dividend of 2.9%, compared to the Oil & Gas E&P industry's average dividend yield of 3.98%. If you owned $1,000 worth of BTE stock, you would have received $29.02 in the past 12 months.
Baytex Energy dividend payments have not consistently grown over the past decade and have not remained stable.
Get more info about Baytex Energy dividend yield and history here.
What others are saying about BTE
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your BTE purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, use a limit order.
Hit the Open button and eToro will place your order.
If you want additional help with buying stocks on eToro, watch the helpful video below:
Step 6: Monitor your BTE position
Now that you own some BTE shares, you'll want to stay up-to-date on your shares.
Create a watchlist to keep track of your BTE stock.
BTE Feed
How to Buy Stock in Baytex Energy
To reiterate, here are the 6 steps to buy stock in Baytex Energy:
- Choose where to buy Baytex Energy stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Baytex Energy stock
- Make your BTE purchase
- Monitor your BTE position
If you require a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to keep an eye on your new investment in Baytex Energy, create a watchlist on WallStreetZen today.
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