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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

Energy Oil & Gas E&P
Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > BTE- P/E RATIO
View:
Post by Wildfury on Jul 29, 2022 2:05pm

BTE- P/E RATIO

Does anyone have info regarding BTE P/E ratio , my investorline account show 4 plus ? It was showing 2 plus before the earnings report ,is this correct?
Comment by riski on Jul 29, 2022 3:21pm
Nobody uses PE ratio for O&G explorers. The business is far too nuanced to reduce the analysis to the PE ratio. For what it's worth, I don't even use it for regular stocks. It's just not very reliable to make investment decisions. A hot, growing company can have a high PE but still be great value and a good buy. A low PE company can have all kinds of hidden problems with growth ...more  
Baytex Energy Corp