Baytex Energy Corp (NYSE:BTE) an oil and gas producer, is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.
Previous Quarter Performance
Baytex Energy Corp unfold loss for the second quarter of $ 0.18 per share, from the revenue of $ 110.17 million. According to street consensus, BTE was expected to report 2Q20 loss of $ 0.11 per share from revenue of $ 190.51 million. The bottom line results missed street analysts by $ 0.07 or 63.64 percent, at the same time, top line results fell short of analysts by $ 80.34 million or 42.17 percent.
Stock Performance
On Friday, shares of Baytex Energy Corp has traded high as $ 0.32 and has cracked $ 0.30 on the downward trend, reaching $ 0.30 with volume of 623.90 thousand shares.
According to the previous trading day, closing price of $ 0.30, representing a 68.42 % increase from the 52 week low of $ 0.19 and a 80.25 % decrease over the 52 week high of $ 1.62.
The company has a market capital of $ 166.52 million and is part of the Energy sector and Oil & Gas E&P industry.
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. Its principal oil and natural gas properties include the Eagle Ford property in Texas, Viking and Lloydminster properties in Alberta and Saskatchewan, Peace River and Duvernay properties in Alberta.
