Baytex Energy BTE.TO TSX pre-market 26 Feb 2026: EPS C$0.28 and March 3 catalyst
We start pre-market with Baytex Energy (BTE.TO stock) at C$5.18 ahead of an earnings release on 3 March 2026. The company reports with trailing EPS C$0.28 and a PE of 18.11, putting valuation and cash flow front and center for investors. Volume is elevated at 7,483,943 shares versus an average 6,124,568, so expect sharper intraday moves once results hit. This earnings spotlight explains what to watch, current price drivers, and how analysts and Meyka AI model the near-term outlook.
Earnings preview for BTE.TO stock
Baytex reports results after the market on 3 March 2026. The latest trailing EPS is C$0.28 and the reported PE is 18.11, which matters because earnings surprises could reset that multiple. One key metric to watch is free cash flow per share at C$0.55 which ties directly to dividend capacity and debt paydown prospects.
What to watch in the March report for BTE.TO stock
Look for production trends and commodity realizations; Baytex has heavy oil and light oil exposure in Canada and Texas. Also watch net debt to EBITDA at 1.11x, capex guidance (capex per share C$1.70), and any update on the Clearwater heavy oil strategy mentioned in recent commentary. Management commentary on cash allocation will move the stock.
Valuation and analyst price targets for BTE.TO stock
Baytex trades at a price to book near 0.93x and price to sales near 1.01x. The MarketBeat consensus average target is C$4.79, while recent broker targets range from C$5.00 to C$6.00. Read the MarketBeat note for the 52-week high context and analyst summary MarketBeat report. For strategic context see industry coverage at Seeking Alpha on Baytex’s plan and heavy oil operations Seeking Alpha analysis.
Technicals and trading setup for BTE.TO stock
Technically, the stock sits above the 50-day average C$4.57 and 200-day average C$3.46, with RSI at 58.44, indicating mild strength. Bollinger Bands range C$4.48–C$5.25 and MACD is mildly positive (MACD 0.14, signal 0.11). Watch intraday volume relative to the average 6,124,568 for conviction on moves.
Meyka AI grade and forecast for BTE.TO stock
Meyka AI rates BTE.TO with a score out of 100: 73.51 (B+) — BUY. This grade factors in S&P 500 and sector comparison, financial growth, key metrics, forecasts, and analyst consensus. Meyka AI’s forecast model projects a quarterly price of C$5.24, a monthly view of C$3.98, and a one-year model near C$2.83. Compared to the current C$5.18, the quarterly forecast implies an upside of +1.16% and the monthly view implies downside of -23.17%. These grades and forecasts are model-based, not guarantees.
Risks and catalysts ahead of the earnings release for BTE.TO stock
Key catalysts include production beats, higher oil realizations, and clearer capital allocation plans including debt reduction or dividend moves. Risks include weaker WTI or heavy oil differentials, a low current ratio 0.58, and interest coverage near 3.23x. Insider buying and recent broker upgrades are positive signals, but commodity volatility remains the primary risk.
Final Thoughts
Earnings on 3 March 2026 create a clear catalyst for BTE.TO stock trading on the TSX at C$5.18. Traders should watch EPS versus the trailing C$0.28, production and guidance, and management instructions on free cash flow and debt. Analysts show mixed targets with an average near C$4.79 and brokers ranging C$5.00–C$6.00. Meyka AI’s forecast model projects a near-term quarterly price of C$5.24, implying a modest upside of +1.16% from the current price. That model also shows a shorter monthly view at C$3.98, highlighting volatility risk. Use these figures as scenario inputs: a clean beat and stronger commodity prices could push the stock toward the C$5.50–C$6.00 zone, while revenue or margin weakness could drop it below C$4.00. This analysis uses public broker notes, technicals, and Meyka AI’s model; forecasts are model-based projections and not guarantees. For a quick reference see the Baytex page on Meyka BTE.TO on Meyka.
FAQs
When does Baytex report earnings and why does it matter for BTE.TO stock?
Baytex reports on 3 March 2026. The print matters because EPS, production, and cash flow will affect valuation, dividend outlook, and debt paydown plans — all key drivers for BTE.TO stock price movement.
What are the main valuation metrics for BTE.TO stock to watch?
Watch the PE of 18.11, price/book near 0.93x, price/sales near 1.01x, and free cash flow per share of C$0.55. These metrics show how earnings and cash translate to the current C$5.18 share price.
How does Meyka AI view BTE.TO stock ahead of earnings?
Meyka AI gives BTE.TO a B+ (73.51) grade with a BUY suggestion. The model projects a quarterly price of C$5.24, implying +1.16% upside versus C$5.18. Model outputs are not guarantees.
What are the top risks that could hurt BTE.TO stock after earnings?
Primary risks include weaker oil prices, widening heavy oil differentials, lower free cash flow, and weaker guidance. Balance-sheet ratios like a current ratio of 0.58 and interest coverage near 3.23x increase vulnerability.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.