Baytex Energy Corp. (TSE:BTE - Get Free Report) (NYSE:BTE) Senior Officer Nicole Marie Frechette acquired 8,200 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of C$3.67 per share, for a total transaction of C$30,094.00.
Nicole Marie Frechette also recently made the following trade(s):
- On Wednesday, September 11th, Nicole Marie Frechette acquired 4,950 shares of Baytex Energy stock. The shares were bought at an average cost of C$4.05 per share, for a total transaction of C$20,022.75.
Baytex Energy Price Performance
Shares of Baytex Energy stock opened at C$3.56 on Wednesday. The company has a current ratio of 0.72, a quick ratio of 0.77 and a debt-to-equity ratio of 62.33. The firm has a market capitalization of C$2.87 billion, a PE ratio of -5.16, a price-to-earnings-growth ratio of 0.12 and a beta of 2.61. The business's 50-day moving average price is C$4.08 and its 200-day moving average price is C$4.48. Baytex Energy Corp. has a 12 month low of C$3.56 and a 12 month high of C$5.55.
Baytex Energy Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 2nd. Stockholders of record on Thursday, January 2nd will be given a dividend of $0.023 per share. The ex-dividend date is Friday, December 13th. This represents a $0.09 annualized dividend and a dividend yield of 2.58%. Baytex Energy's dividend payout ratio (DPR) is presently -13.04%.
Wall Street Analyst Weigh In
URGENT: This Altcoin Opportunity Won’t Wait – Act Now
From Crypto Swap Profits | Ad
Crypto has officially entered the "banana zone" – that wild phase where prices can 1000x in days.
It happens like clockwork every 4 years, during the December to February window of a Bitcoin halving year.
This is where fortunes are made – often LITERALLY overnight.
>> Register for the Workshop Now
A number of brokerages recently issued reports on BTE. BMO Capital Markets dropped their price objective on Baytex Energy from C$6.00 to C$5.50 in a report on Wednesday, December 4th. ATB Capital dropped their price objective on Baytex Energy from C$5.50 to C$5.20 in a report on Wednesday, December 4th. Raymond James raised Baytex Energy to a "hold" rating in a report on Thursday, October 17th. Royal Bank of Canada decreased their target price on Baytex Energy from C$6.50 to C$5.50 in a research note on Tuesday, September 17th. Finally, TD Securities decreased their target price on Baytex Energy from C$6.00 to C$5.50 in a research note on Tuesday, October 1st. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Baytex Energy presently has a consensus rating of "Moderate Buy" and a consensus price target of C$5.97.
Check Out Our Latest Stock Report on BTE
Baytex Energy Company Profile
(
Get Free Report)
Baytex Energy Corp., an energy company, engages in the acquisition, development, and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford, the United States. The company offers light oil and condensate, heavy oil, natural gas liquids, and natural gas.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
