BMO sets CAD 8.00 target for Baytex Energy stock

Published on 10/17/2026 at 21:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter profit was CAD 174.87 million. Baytex Energy stock last stood at CAD 7.49 on October 16, 2026, up 2.60 percent versus TSX prior close.

Analyst view and operating scale

On October 16, 2026, BMO Capital set an CAD 8.00 target for Baytex Energy.
Revenue reached CAD 549.57 million in the second quarter of 2026.
Baytex Energy stock last stood at CAD 7.49 on October 16, 2026 at 4:00 p.m. ET, up 2.60 percent versus the TSX prior close of CAD 7.30.
Baytex Energy is scheduled to report results on November 5, 2026.

BTE, CA07317Q1054, Illustration mit AI erstellt.

BMO Capital set an CAD 8.00 price target for Baytex Energy on October 16, 2026, according to Markets Insider. The target is 6.81 percent above the TSX price of CAD 7.49. The last TSX quote stood at CAD 7.49 on October 16, 2026 at 4:00 p.m. ET, up 2.60 percent versus the prior close of CAD 7.30.

Second-quarter revenue reached CAD 549.57 million

Baytex Energy reported CAD 549.57 million in revenue and CAD 174.87 million in net profit for the quarter ended June 30, 2026, Markets Insider reported. Revenue was CAD 886.58 million in the year-earlier quarter, while net profit was CAD 151.55 million. The comparison shows a lower revenue base alongside higher reported profit.

Price sits 0.53 percent below the yearly high

The TSX quote ranged from CAD 7.37 to CAD 7.53 on October 16, 2026, with volume of 5,620,463 shares against an average of 4,497,480. The 52-week range was CAD 3.07 to CAD 7.53, placing the last price 0.53 percent below the high.

Valuation and November 5 results date

Baytex Energy had a market capitalization of CAD 5.2 billion, a negative P/E ratio of 8.16 and a dividend yield of 1.00 percent as of October 16, 2026. Simply Wall St lists November 5, 2026 as the next reporting date.

Comparison with peers

Baytex Energy (TSX, CAD): plus 2.60 percent, P/E -8.16, market capitalization CAD 5.2 billion
Canadian Natural Resources (TSX, CAD): plus 3.19 percent, P/E 13.54, market capitalization CAD 156.9 billion
Suncor Energy (TSX, CAD): plus 2.67 percent, P/E 14.68, market capitalization CAD 130.2 billion

TSX price and investor frame

Baytex Energy's last TSX quote stood at CAD 7.49 on October 16, 2026 at 4:00 p.m. ET, 2.60 percent above the prior close of CAD 7.30. Its position near the 52-week high contrasts with the negative P/E ratio and keeps the November reporting date important for the next company-specific update.